Move-in Ready Prescott Valley
For Sale
Contact for pricing
3681 N Robert Road, Prescott Valley, AZ 86314
Professional office building in a visible location with flexible suites.
Property Size2,380 SF
Price / SF$250
Days on Market175
Property Features for 3681 N Robert Road
General Information
Standard status
Active
Size
2,380 SF
Class
B
Total Parking Spaces
15
Property subtype
Office
Zoning
C1
Occupancy
50%
Investment Type
Value Add
Net Operating Income
$29,838
Building Details
Year Built
2001
Year Renovated
2026
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
Arizona Commercial Real Estate
(928) 642-3032
Listed By:
Matthew Fish · License #BR626105000
Source:
Crexi
Added: Feb 28
Changed: Aug 15
Last Checked: Aug 21 at 3:58PM
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 Arizona Commercial Real Estate
Investment Insights
Based on property information with market context.
This 2,460 sq. ft. professional office building is located on the signalized corner of Robert Road and Lakeshore in Prescott Valley. It offers street presence, ample parking, and access to State Route 69, the Entertainment District, and Prescott Valley's main business district. The building is divided into two suites. Suite A features 1,200 sq. ft. with two private offices, a reception area, a half bathroom, and flex space that can convert to a third office, suitable for professional services, medical, or administrative use. Suite B offers 1,260 sq. ft. with three private offices, a half bathroom, and a breakroom. This property is suitable for an owner-user or investor.
Key Highlights
- High‑visibility location on a signalized corner (Robert Road and Lakeshore) in Prescott Valley.
- Move‑in‑ready, 2,460 sq. ft. professional office building.
- Divided into two well‑appointed suites (Suite A: 1,200 sq. ft., Suite B: 1,260 sq. ft.) offering flexibility for owner‑user or investor.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,615
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$692,300
$692.3K
Cap Rate 7%
$494,500
$494.5K
Cap Rate 9%
$384,611
$384.6K
Market Conditions
NOI Build-Up for 2,380 SF
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.
Gross rent
$55.4K $23.28/SF
− Vacancy
−$9.3K −$3.89/SF
EGI
$46.2K $19.39/SF
− OpEx
−$11.5K −$4.85/SF
NOI
$34.6K $14.54/SF
Area
Yavapai County, AZ
Vacancy
16.70%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$692,300
Cap Rate 7%
$494,500
Cap Rate 9%
$384,611
Alternative Uses
Best Use
Office B
$494.5K
$432.7K – $576.9K
NOI $34,615 @ 7.0% cap · market cap 5.82%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$797.3K
$697.6K – $930.2K
NOI $55,811 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
920
Businesses Nearby
Explore this area
Business Placement
Demographics for 86314, AZ
39,461
Population
16,806
Households
2.3
Avg Household Size
44
Median Age
23%
College-Educated
89%
High-School Grad
26.6 sq mi
ZIP Area
1,483
Density / Sq Mi
$67,263
Median Household Income
$37,829
Median Earnings
$1,432
Median Rent
$363,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Professional office building in a visible location with flexible suites.
Where is this office building located?
The property is located at 3681 N Robert Road Prescott Valley, AZ.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: High‑visibility location on a signalized corner (Robert Road and Lakeshore) in Prescott Valley.; Move‑in‑ready, 2,460 sq. ft. professional office building.; Divided into two well‑appointed suites (Suite A: 1,200 sq. ft., Suite B: 1,260 sq. ft.) offering flexibility for owner‑user or investor.
