3407 Parkview, Heber, AZ 85928
Commercial building with business opportunity in Heber, Arizona.
- Added:
- Sep 9, 2024
- Days on Market:
- 643
- Last Refresh:
- May 13 at 8:51 pm
Property Features for 3407 Parkview
General Information
- Standard status
- Active
- Size
- 4,911 SF
- Property subtype
- Other
Building Details
- Year Built
- 1990
Listing agent Terri Kay
Listing office Realty Executives AZ Territory (928) 537-1145
Listing date Sep 9, 2024
Source Xome
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HighLights
- Established business opportunity in a superb location with high traffic.
- Building suitable for an antique store, ice cream shop, or divided suites.
- Fresh exterior paint (2 years old) and a relatively new roof (10 years old).
- Ample parking and easy access.
- Fenced outdoor storage area and large street sign.
- Corner lot location on a paved country road.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.1k | $21.00 |
| − Vacancy | −$6.7k | −$1.37 |
| EGI | $96.4k | $19.64 |
| − OpEx | −$24.1k | −$4.91 |
| NOI | $72.3k | $14.73 |
Alternative Uses
Current Use by Public Records
Map
- City
- Heber
- County
- Coconino
- State
- Arizona
- Longitude
- -110.632
- Latitude
- 34.4386