Professional Office
New
For Sale
$695,000
3216 Lakeside Village, Prescott, AZ 86301
Commercial Sale, Prescott, AZ
Property Size2,000 SF
Lot Size0.08 Acres
Price / SF$347.50
Days on Market4
Property Features for 3216 Lakeside Village
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
NOB(PAD)
Parking
10
Security features
Security Lighting
Interior features
Fire/Smoke Detector
Subdivision
Willow Lake
Lot features
Landscaped
Directions
From Willow Creek Rd, turn right on Willow Lake Rd, Right on Lakeside Village Dr. First right into parking lot, then 3rd building on right.
Standard status
Active
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
WILLOW LAKE BUSINESS CENTER LOT 3 CONT .08AC SEC 15-14-2W M&P 56/08-09
Tax Annual Amount
3382
Legal Description
WILLOW LAKE BUSINESS CENTER LOT 3 CONT .08AC SEC 15-14-2W M&P 56/08-09
Utilities
Utilities
Phone Available
Cooling system
Central Air
Water source
Public
Building Details
Year built
2007
Floors in Building
1
Number of units
1
Flooring type
Carpet, Vinyl, Tile
Building materials
Frame
Roof type
Metal
Listing Agency:
Arizona Commercial
(928) 515-1223
Listed By:
Matthew Fish · License #BR626105000
(480) 309-1089
Added: Oct 7
Changed: Oct 9
Last Checked: Oct 10 at 3:06AM
MLS# 1085587
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 2,000-square-foot office building in Prescott was constructed in 2007 and has a six-office floor plan, conference room, reception desk, waiting area, and storage room. Interior finishes include vinyl, tile, and carpet flooring, with central air conditioning. The property is on a 0.08-acre lot and is zoned NOB(PAD).
Located within Willow Lake Business Park, the building is just off Willow Creek Road, identified as a primary north-south corridor in Prescott. The current owner occupies the property and is willing to enter into a three-year NNN lease or relocate, allowing for either continued occupancy by the seller or a change in occupancy.
Located within Willow Lake Business Park, the building is just off Willow Creek Road, identified as a primary north-south corridor in Prescott. The current owner occupies the property and is willing to enter into a three-year NNN lease or relocate, allowing for either continued occupancy by the seller or a change in occupancy.
Key Highlights
- 2,000 square feet on a 0.08‑acre lot
- Six private offices, a conference room, reception desk, waiting area, and storage room
- Built in 2007 with central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,088
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$581,760
$581.8K
Cap Rate 7%
$415,543
$415.5K
Cap Rate 9%
$323,200
$323.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$46.6K $23.28/SF
− Vacancy
−$7.8K −$3.89/SF
EGI
$38.8K $19.39/SF
− OpEx
−$9.7K −$4.85/SF
NOI
$29.1K $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%
$581,760
Cap Rate 7%
$415,543
Cap Rate 9%
$323,200
Alternative Uses
Best Use
Office B
$415.5K
$363.6K – $484.8K
NOI $29,088 @ 7.0% cap · market cap 4.19%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$670.0K
$586.3K – $781.7K
NOI $46,900 @ 7.0% cap · market cap 6.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - A six-office layout includes a conference room, reception area, waiting space, and storage.
Where is this office building located?
The property is located at 3216 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: 2,000 square feet on a 0.08‑acre lot; Six private offices, a conference room, reception desk, waiting area, and storage room; Built in 2007 with central air conditioning
