Flex Space
For Sale
$1,275,000
325 N Washington Ave, Prescott, AZ 86301
An 8,500-square-foot property currently operates as an adult day care center and is equipped with sprinklers.
Property Size8,500 SF
Price / SF$150
Days on Market22
Property Features for 325 N Washington Ave
General Information
Standard status
Active
Size
8,500 SF
Property subtype
Commercial
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Sprinkler System
Yes
Property Use
Flex
Building Details
Year Built
1985
Building Size
8,500 SF
Listing Agency:
JFowler Commercial LLC
Listed By:
G. Jack Fowler · License #BR038760000
(928) 899-1378
Source:
Searchprescotthouses
Added: Oct 4
Changed: Oct 25
Last Checked: Oct 25 at 2:37AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 8,500-square-foot flex property was built in 1985 and includes a sprinkler system. It is currently occupied by an adult day care center; visitors should not disturb the tenant.
The building’s layout supports a range of potential uses, including school, rehabilitation, group home, industrial, or retail operations.
The building’s layout supports a range of potential uses, including school, rehabilitation, group home, industrial, or retail operations.
Key Highlights
- 8,500‑square‑foot building
- Built in 1985
- Sprinkler system installed
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.
How Realmo checks its estimates
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 - An 8,500-square-foot property currently operates as an adult day care center and is equipped with sprinklers.
Where is this flex space located?
The property is located at 325 N Washington Ave 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 building; Built in 1985; Sprinkler system installed
