Two-Suite Office
For Sale
$595,000
3681 N Robert Road, Prescott Valley, AZ 86314
Commercial Sale, Prescott Valley, AZ
Property Size2,380 SF
Lot Size0.24 Acres
Price / SF$250
Days on Market197
Property Features for 3681 N Robert Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C1
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
15
Security features
Security
Interior features
Ceiling Fan(s), Security/Alarm
Exterior features
Handicap Access
Accessibility
Accessible Approach with Ramp
Lot features
Landscaped
Directions
Traveling North on N Robert Rd, property is on the Southeast Corner of the intersection of N Robert Rd and E Lakeshore Drive.
Standard status
Active
Lot size
0.24 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PRESCOTT VALLEY UNIT 2 LOT 286 LESS THE NW PTN SEC 13-14-1W 3189/ 315
Tax Annual Amount
5326
Legal Description
PRESCOTT VALLEY UNIT 2 LOT 286 LESS THE NW PTN SEC 13-14-1W 3189/ 315
Utilities
Utilities
Phone Available
Heating system
Natural Gas
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
2001
Floors in Building
1
Number of units
2
Flooring type
Tile, Carpet
Building materials
Frame, Stucco
Roof type
Rolled Hot Mop
Listing Agency:
Arizona Commercial
(928) 515-1223
Listed By:
Matthew Fish · License #BR626105000
(480) 309-1089
Added: Feb 23
Changed: Sep 8
Last Checked: Sep 8 at 6:06AM
MLS# 1079752
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.
Built in 2001, this 2,380-square-foot professional office building is configured as two separate suites on a 0.24-acre parcel. Suite A contains 1,200 square feet with two private offices, a reception area, half bathroom, and space that can be adapted into a third office. Suite B measures 1,280 square feet and includes three private offices, a half bathroom, and a dedicated breakroom. Carpet and tile flooring, central air, natural gas heating, security/alarm features, and accessible ramp entry are included.
The property occupies the signalized corner of Robert Road and Lakeshore Drive at 3681 N Robert Road in Prescott Valley. Its location provides convenient access to State Route 69 and Prescott Valley’s primary business district, with ample parking serving the building. C1 zoning and the two-suite layout support both owner-user and investment-oriented occupancy strategies. The source data also identifies a projected 6.6% cap rate.
The property occupies the signalized corner of Robert Road and Lakeshore Drive at 3681 N Robert Road in Prescott Valley. Its location provides convenient access to State Route 69 and Prescott Valley’s primary business district, with ample parking serving the building. C1 zoning and the two-suite layout support both owner-user and investment-oriented occupancy strategies. The source data also identifies a projected 6.6% cap rate.
Key Highlights
- 2,380 SF professional office building on 0.24 acres
- Two suites: 1,200 SF and 1,280 SF
- Suite A includes two offices, reception, half bathroom, and third‑office conversion space
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
Lease Details
2
Office units
Yes
Highway access
Yes
Paved road access
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 - C1-zoned professional office property with separate suites, private offices, parking, and access to State Route 69.
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: 2,380 SF professional office building on 0.24 acres; Two suites: 1,200 SF and 1,280 SF; Suite A includes two offices, reception, half bathroom, and third‑office conversion space
