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Office-Retail-Flex Building
For Sale
$650,000

409 413 N Main St, Eloy, AZ 85131

Multi-use office, retail, and flex configuration with HVAC, three-phase power, and double doors connecting two suites.

Property Size7,226 SF
Days on Market238

Property Features for 409 413 N Main St

General Information

Standard status Active
Size 7,226 SF
Total Parking Spaces 8
Property subtype Office

Additional Details

Heavy Power Yes

Building Details

Building Size 7,226 SF
Listing Agency: Commercial Properties Inc
Listed By: Toby Campbell · License #SA537130000
Source: Cpiaz
Added: Feb 25 Changed: Oct 3 Last Checked: Oct 20 at 6:24PM

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 Commercial Properties Inc

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Investment Insights

Based on property information with market context.

This office, retail, and flex property offers an owner-user opportunity with a multi-suite layout connected by double doors. The building features HVAC cooling and 3-phase power, supporting a range of light commercial and operational needs. Two suites are connected internally, helping streamline workflow and space utilization.

On-site amenities include eight parking spaces in front of the building, with street parking also allowed.

The property is available for sale.

Key Highlights

  • Office/retail/flex space offered for sale with 3‑phase power
  • HVAC throughout
  • 8 front parking spaces for the building; street parking also allowed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,499
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,980 $790.0K
Cap Rate 7%
$564,271 $564.3K
Cap Rate 9%
$438,878 $438.9K
Market Conditions
NOI Build-Up for 7,226 SF
Gross rent
$69.4K $9.60/SF
− Vacancy
−$8.6K −$1.19/SF
EGI
$60.8K $8.41/SF
− OpEx
−$21.3K −$2.94/SF
NOI
$39.5K $5.47/SF
Area
Pinal County, AZ
Vacancy
12.40%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,980
Cap Rate 7%
$564,271
Cap Rate 9%
$438,878

Alternative Uses

Best Use
Office B
$1.42M
$1.25M – $1.66M (±1% cap)
NOI $99,671 @ 7.0% cap · market cap 15.33%
Second Best
Retail
$1.01M
$886.8K – $1.18M (±1% cap)
NOI $70,941 @ 7.0% cap · market cap 10.91%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M (±1% cap)
NOI $139,839 @ 7.0% cap · market cap 21.51%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Hair Salon Big Box & Wholesale Store Bakery

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

Lease Details

Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

222
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85131, AZ

16,723
Population
5,381
Households
3.1
Avg Household Size
38
Median Age
13%
College-Educated
77%
High-School Grad
306.7 sq mi
ZIP Area
55
Density / Sq Mi
$55,137
Median Household Income
$26,957
Median Earnings
$940
Median Rent
$243,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Similar Off Market Nearby

  • crashnerds LLC — 802 N D St, Eloy, AZ 85131

Frequently Asked Questions

What type of property is this?
Flex space - Multi-use office, retail, and flex configuration with HVAC, three-phase power, and double doors connecting two suites.
Where is this flex space located?
The property is located at 409 413 N Main St Eloy, AZ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Office/retail/flex space offered for sale with 3‑phase power; HVAC throughout; 8 front parking spaces for the building; street parking also allowed
More about this property
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