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Office Building with Accessible Entry
New
For Sale
$695,000

3202 Lakeside Village, Prescott, AZ 86301

Commercial Sale, Prescott, AZ

Property Size1,576 SF
Lot Size0.11 Acres
Price / SF$440.99
Days on Market3

Property Features for 3202 Lakeside Village

General Information

Property type Commercial Sale
Property subtype Office
Property condition Under Construction
Zoning NOB(PAD)
Parking 10
Parking features On Street
Security features Security Lighting
Exterior features Handicap Access
Accessibility Accessible Approach with Ramp
Subdivision Willow Lake
Lot features Landscaped
Directions From Willow Creek Rd, turn onto Willow Lake Rd, take the second right onto Lakeside Village Dr. to the first right into parking lot, then building is on the left.
Standard status Active
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description WILLOW LAKE BUSINESS CENTER LOT 7 CONT .11AC SEC 15-14-2W M&P 56/08-09
Tax Annual Amount 818
Legal Description WILLOW LAKE BUSINESS CENTER LOT 7 CONT .11AC SEC 15-14-2W M&P 56/08-09

Utilities

Utilities Electricity Available

Building Details

Year built 2026
Floors in Building 1
Number of units 1
Flooring type Concrete, Carpet, Laminate
Building materials Frame
Roof type Metal
Listing Agency: Arizona Commercial
Listed By: Matthew Fish · License #BR626105000
Added: Oct 8 Changed: Oct 9 Last Checked: Oct 10 at 6:06AM
MLS# 1085575

Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property contains 1,576 square feet on a 0.11-acre parcel. Built in 2026, the frame-constructed building has carpet, laminate, and concrete flooring, a metal roof, and an accessible approach with a ramp. Electricity is available, and parking is on street.

The property is at 3202 Lakeside Village in Prescott, within Willow Lake Business Park. The park is just off Willow Creek Road, a primary north-south corridor in the city. Zoning is NOB(PAD).

Key Highlights

  • 1,576 SF office building built in 2026
  • 0.11‑acre parcel
  • Accessible approach with ramp

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,922
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,440 $458.4K
Cap Rate 7%
$327,457 $327.5K
Cap Rate 9%
$254,689 $254.7K
Market Conditions
NOI Build-Up for 1,576 SF
Gross rent
$36.7K $23.28/SF
− Vacancy
−$6.1K −$3.89/SF
EGI
$30.6K $19.39/SF
− OpEx
−$7.6K −$4.85/SF
NOI
$22.9K $14.54/SF
Area
Yavapai County, AZ
Vacancy
16.70%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,440
Cap Rate 7%
$327,457
Cap Rate 9%
$254,689

Alternative Uses

Best Use
Office B
$327.5K
$286.5K – $382.0K (±1% cap)
NOI $22,922 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$528.0K
$462.0K – $616.0K (±1% cap)
NOI $36,957 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Building Supply Restaurant Real Estate Agency Big Box & Wholesale Store Law Firm Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

Demographics for 86301, AZ

25,115
Population
13,863
Households
1.8
Avg Household Size
57
Median Age
37%
College-Educated
96%
High-School Grad
33.4 sq mi
ZIP Area
752
Density / Sq Mi
$71,962
Median Household Income
$33,989
Median Earnings
$1,580
Median Rent
$495,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - The property occupies a 0.11-acre parcel in Willow Lake Business Park.
Where is this office building located?
The property is located at 3202 Lakeside Village Prescott, AZ.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 1,576 SF office building built in 2026; 0.11‑acre parcel; Accessible approach with ramp
More about this property
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