Medical Office Park For
For Sale
Contact for pricing
3233 Lakeside Village, Prescott, AZ 86301
Medical office park in Prescott, build-to-suit options available.
Property Size4,750 SF
Price / SF$450
Days on Market1280
Property Features for 3233 Lakeside Village
General Information
Standard status
Active
Size
4,750 SF
Class
A
Total Parking Spaces
25
Property subtype
Office
Zoning
NOB (PAD)
Lease Type
NNN
Building Details
Year Built
2023
Buildings
1
Stories
1
Units
1
Listing Agency:
Arizona Commercial Real Estate
Listed By:
Matthew Fish · License #BR626105000
(480) 309-1089
Source:
Crexi
Added: Apr 25, 2023
Changed: Oct 18
Last Checked: Oct 24 at 3:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arizona Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Reserve at Willow Hills Commerce Center is centrally located off Willow Lake Road, conveniently situated between Prescott, Prescott Valley, and Chino Valley. Buildings A, B, and C will be approximately 4,750 square feet. Buildings D and E are 7,500 square foot, two-story units. Each building will be a build-to-suit concept, tailored to the buyer's medical practice needs. The pricing includes the land, shell, costumed layouts, tenant improvements, engineering designs, landscaping, and signage. The site has City of Prescott utilities, natural gas, and three-phase power installed, with medical-spaced parking, great visibility, and signage from Willow Lake Road. Additional options for purchasing and leasing may be available for this commercial space.
Key Highlights
- Centrally located medical office park between Prescott, Prescott Valley, and Chino Valley.
- Build‑to‑suit concept tailored to buyer's medical practice needs.**
- Price includes land, shell, customized layouts, tenant improvements, engineering designs, landscaping, and signage.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,384
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,547,680
$1.5M
Cap Rate 7%
$1,105,486
$1.1M
Cap Rate 9%
$859,822
$859.8K
Market Conditions
NOI Build-Up for 4,750 SF
Gross rent
$137.9K $29.04/SF
− Vacancy
−$9.0K −$1.89/SF
EGI
$129.0K $27.15/SF
− OpEx
−$51.6K −$10.86/SF
NOI
$77.4K $16.29/SF
Area
Yavapai County, AZ
Vacancy
6.50%
Lease Rate
$29.04 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,547,680
Cap Rate 7%
$1,105,486
Cap Rate 9%
$859,822
Alternative Uses
Best Use
Healthcare Medical
$1.11M
$967.3K – $1.29M
NOI $77,384 @ 7.0% cap · market cap 3.62%
Second Best
Office B
$986.9K
$863.6K – $1.15M
NOI $69,085 @ 7.0% cap · market cap 3.23%
Theoretical Best
Warehouse
$1.59M
$1.39M – $1.86M
NOI $111,387 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Granite Mountain Vet Hospital — 3073 Willow Creek Rd, Prescott, AZ 86301
- Bioveteria — 3607 Crossings Dr, Prescott, AZ 86305, United States
Frequently Asked Questions
What type of property is this?
Medical Office Space - Medical office park in Prescott, build-to-suit options available.
Where is this medical office space located?
The property is located at 3233 Lakeside Village Prescott, AZ.
What is the asking price?
The asking price for this property is $2,137,500.
What are key features of this property?
This property features: Centrally located medical office park between Prescott, Prescott Valley, and Chino Valley.; Build‑to‑suit concept tailored to buyer's medical practice needs.**; Price includes land, shell, customized layouts, tenant improvements, engineering designs, landscaping, and signage.**
