Sprinklered Flex
New
For Sale
$1,275,000
325 N Washington Avenue, Prescott, AZ 86301
The building is currently used as an adult day care center and has a sprinkler system.
Property Size8,500 SF
Price / SF$150
Days on Market4
Property Features for 325 N Washington Avenue
General Information
Standard status
Active
Size
8,500 SF
Property subtype
Office
Additional Details
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$10,299
Building Details
Building Size
8,500 SF
Year Built
1985
Buildings
1
Listing Agency:
JFowler Commercial LLC
Listed By:
G. Jack Fowler · License #BR038760000
(928) 899-1378
Source:
Adobegr
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:20PM
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 JFowler Commercial LLC
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Investment Insights
Based on property information with market context.
This 8,500-square-foot flex building was constructed in 1985 and is equipped with sprinklers. Its current use is an adult day care center. The property is also identified for potential school, rehabilitation, group home, industrial, or retail use.
Key Highlights
- 8,500‑square‑foot flex building
- Sprinkler system installed
- Built in 1985
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,080
Cap Rate
5.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,481,600
$1.5M
Cap Rate 7%
$1,058,286
$1.1M
Cap Rate 9%
$823,111
$823.1K
Market Conditions
NOI Build-Up for 8,500 SF
Gross rent
$119.3K $14.04/SF
− Vacancy
−$5.4K −$0.63/SF
EGI
$114.0K $13.41/SF
− OpEx
−$39.9K −$4.69/SF
NOI
$74.1K $8.72/SF
Area
Yavapai County, AZ
Vacancy
4.50%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,481,600
Cap Rate 7%
$1,058,286
Cap Rate 9%
$823,111
Alternative Uses
Best Use
Industrial
$2.34M
$2.05M – $2.74M
NOI $164,149 @ 7.0% cap · market cap 12.87%
Second Best
Flex RnD
$1.06M
$926.0K – $1.23M
NOI $74,080 @ 7.0% cap · market cap 5.81%
Theoretical Best
Warehouse
$2.85M
$2.49M – $3.32M
NOI $199,323 @ 7.0% cap · market cap 15.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,431
Businesses Nearby
Balanced
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 Industrial in West region
Similar Off Market Nearby
- Hawk & Hound Catering and Events — 234 S Cortez St, Prescott, AZ 86303
- Perfect Events Catering — Prescott, AZ 86301
Frequently Asked Questions
What type of property is this?
Flex space - The building is currently used as an adult day care center and has a sprinkler system.
Where is this flex space located?
The property is located at 325 N Washington Avenue Prescott, AZ.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: 8,500‑square‑foot flex building; Sprinkler system installed; Built in 1985
