Listing Agency: Century 21 Arizona West Show Phone

Listed By: Cristina Echeverria Show Phone

Source: Bridgettemichel

Added: Aug 28 Changed: Oct 3 Last Checked: Oct 14 at 10:24PM

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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 Century 21 Arizona West

Investment Insights

Based on property information with market context.

Built in 1977, this flex property comprises five units with varying levels of interior completion, allowing the improvements to support different commercial and industrial configurations. The building includes high ceilings, nine sectional overhead doors, and drive-in access. Paved parking and additional yard areas provide functional outdoor space for users and operations.

Electrical service is a major component of the property, with Units 1–3 supplied by 1,000 amps of 480V three-phase power and Units 4–5 served by 2,000 amps of 208/277 three-phase power. The approximately 1.19-acre site is located a short distance from US Highway 60 in Wickenburg, Arizona.

Key Highlights

• Approximately 1.19‑acre site near US Highway 60
• Five units with varying stages of interior completion
• Units 1–3: 1,000 amps of 480V three‑phase power

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$197,517

Cap Rate

8.06%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,950,340 $4.0M

Cap Rate 7%

$2,821,671 $2.8M

Cap Rate 9%

$2,194,633 $2.2M

Market Conditions

NOI Build-Up for 19,210 SF

Gross rent

$267.4K $13.92/SF

− Vacancy

−$35.0K −$1.82/SF

EGI

$232.4K $12.10/SF

− OpEx

−$34.9K −$1.81/SF

NOI

$197.5K $10.28/SF

Area

Maricopa County, AZ

Vacancy

13.10%

Lease Rate

$13.92 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$3,950,340

Cap Rate 7%

$2,821,671

Cap Rate 9%

$2,194,633

Alternative Uses

Best Use

Warehouse

$2.82M

$2.47M – $3.29M (±1% cap)

NOI $197,517 @ 7.0% cap · market cap 8.06%

Second Best

Industrial

$2.19M

$1.91M – $2.55M (±1% cap)

NOI $153,186 @ 7.0% cap · market cap 6.25%

Theoretical Best

Office A

$5.94M

$5.20M – $6.93M (±1% cap)

NOI $415,952 @ 7.0% cap · market cap 16.98%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quail Run Building ... Building Supply

Suggested Use

Top Pick Electrical Service Storage Facility Furniture & Home Goods Big Box & Wholesale Store Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

41

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 85390, AZ

9,102

Population

5,702

Households

1.6

Avg Household Size

62

Median Age

35%

College-Educated

96%

High-School Grad

475.6 sq mi

ZIP Area

19

Density / Sq Mi

$65,985

Median Household Income

$43,070

Median Earnings

$1,234

Median Rent

$465,800

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this flex space located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Five separately configured units provide adaptable commercial space with substantial electrical service and paved outdoor areas.

Where is this flex space located?

The property is located at 3550 N SABIN BROWN Road Wickenburg, AZ.

What is the asking price?

The asking price for this property is $2,450,000.

What are key features of this property?

This property features: Approximately 1.19‑acre site near US Highway 60; Five units with varying stages of interior completion; Units 1–3: 1,000 amps of 480V three‑phase power