Medical Office Building with Private
3605 Ranch Drive Prescott, AZ 86303
For Sale
$3,000,000
SINGLE_FAMILY - Prescott, AZ
Property Size7,618 SF
Lot Size1.17 Acres
Price / SF$393.80
Days on Market254
Property Features for 3605 Ranch Drive
General Information
Property type
Residential
Property subtype
Office
Zoning
BR
Parking
41
Interior features
Fire/Smoke Detector
Exterior features
Handicap Access
Accessibility
Accessible Approach with Ramp
Standard status
Active
Lot size
1.17 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
RANCH AT PRESCOTT RETAIL CENTER AMENDED LOT 5 REVISION PLAT FOR P ARTIAL EASEMENT ABANDONMENT M&P 62/74-75 LOT 5 CONT 1.17AC SE C 31-14-1W
Tax Annual Amount
15057
Utilities
Utilities
Electricity Available
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
2009
Number of units
1
Flooring type
Vinyl, Concrete, Carpet
Building materials
Frame, Stucco
Roof type
Rolled Hot Mop
Listing Agency:
Better Homes And Gardens Real Estate Bloomtree Realty
(928) 443-8800
Listed By:
Raymond G. Zogob · License #SA553424000
(619) 997-3329
Added: Nov 17, 2025
Changed: Jul 29
Last Checked: Jul 29 at 5:06PM
MLS# 1077842
Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This medical office building is available for immediate occupancy and was originally built in 2009. The space totals about 7,618 square feet and includes eight private rooms, approximately 2,500 square feet of open office space, and an additional flexible room of about 2,000 square feet. Operational support areas include three nursing stations with multiple sinks, a medical records room, a reception area with waiting room, a conference room, four restrooms, a large kitchen/breakroom, two storage rooms, and three entry points. A dedicated water treatment room is also included within the flex area, and the open office layout allows for expansion of the private room count with additional tenant improvement.
The property sits on about 1.17 acres of land zoned BR and MF-M. It offers very good building signage and easy access to Highway 69, and it is situated near Costco, between Prescott and Prescott Valley.
There are 41 on-site parking spaces, supporting convenient patient and staff access.
The property sits on about 1.17 acres of land zoned BR and MF-M. It offers very good building signage and easy access to Highway 69, and it is situated near Costco, between Prescott and Prescott Valley.
There are 41 on-site parking spaces, supporting convenient patient and staff access.
Key Highlights
- Medical office building built in 2009, totaling ±7,618 SF
- Former Fresenius Kidney Dialysis Center with 8 private rooms and ±2,500 SF open office area
- Includes 3 nursing stations with multiple sinks plus a ±2,000 SF flex room and dedicated water treatment room
Financial Insights For Healthcare Medical
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 | $221.2k | $29.04 |
| − Vacancy | −$14.4k | −$1.89 |
| EGI | $206.8k | $27.15 |
| − OpEx | −$82.7k | −$10.86 |
| NOI | $124.1k | $16.29 |
7,618 SF · lease $29.04/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.77M
$1.55M – $2.07M
NOI $124,108 @ 7.0% cap · market cap 4.14%
Second Best
Office B
$1.58M
$1.38M – $1.85M
NOI $110,798 @ 7.0% cap · market cap 3.69%
Theoretical Best
Warehouse
$2.55M
$2.23M – $2.98M
NOI $178,641 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Medical center - Medical office building with 8 private rooms, multiple nursing stations, and 41 on-site parking spaces.
Where is this medical center located?
The property is located at 3605 Ranch Drive Prescott, AZ.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Medical office building built in 2009, totaling ±7,618 SF; Former Fresenius Kidney Dialysis Center with 8 private rooms and ±2,500 SF open office area; Includes 3 nursing stations with multiple sinks plus a ±2,000 SF flex room and dedicated water treatment room
