Leased Storefront
For Sale
$335,000
4235 N MONTEZUMA Avenue, Rimrock, AZ 86335
Currently leased building with potential for office or retail use near the former golf course.
Property Size1,297 SF
Price / SF$258.49
Days on Market49
Property Features for 4235 N MONTEZUMA Avenue
General Information
Standard status
Active
Size
1,297 SF
Property subtype
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$1,138
Building Details
Building Size
1,297 SF
Year Built
1985
Buildings
1
Listing Agency:
Chambers Realty Group
Listed By:
Hunter Rauch · License #SA646042000
(928) 301-1650
Source:
Adobegr
Added: Aug 19
Changed: Sep 29
Last Checked: Oct 5 at 9:35PM
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 Chambers Realty Group
Investment Insights
Based on property information with market context.
This 1,296-square-foot storefront property in Rimrock was constructed in 1985 and is currently leased to an operating business. The existing business is not to be disturbed, and it may be available for separate purchase from the real estate. The building could support office or retail use, subject to applicable requirements.
The property is located at 4235 N Montezuma Avenue, across from the former golf course. Additional land may also be purchased from the same seller, providing an option to expand the site or pursue a separate buildout.
The property is located at 4235 N Montezuma Avenue, across from the former golf course. Additional land may also be purchased from the same seller, providing an option to expand the site or pursue a separate buildout.
Key Highlights
- 1,296‑square‑foot storefront building
- Currently leased to an operating business
- Constructed in 1985
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,466
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,320
$449.3K
Cap Rate 7%
$320,943
$320.9K
Cap Rate 9%
$249,622
$249.6K
Market Conditions
NOI Build-Up for 1,296 SF
Gross rent
$33.7K $26.04/SF
− Vacancy
−$1.7K −$1.28/SF
EGI
$32.1K $24.76/SF
− OpEx
−$9.6K −$7.43/SF
NOI
$22.5K $17.33/SF
Area
Yavapai County, AZ
Vacancy
4.90%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$449,320
Cap Rate 7%
$320,943
Cap Rate 9%
$249,622
Alternative Uses
Best Use
Retail
$320.9K
$280.8K – $374.4K
NOI $22,466 @ 7.0% cap · market cap 6.71%
Second Best
Office B
$269.3K
$235.6K – $314.2K
NOI $18,849 @ 7.0% cap · market cap 5.63%
Theoretical Best
Warehouse
$434.2K
$379.9K – $506.5K
NOI $30,391 @ 7.0% cap · market cap 9.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 86335, AZ
5,229
Population
2,767
Households
1.9
Avg Household Size
49
Median Age
19%
College-Educated
95%
High-School Grad
274.3 sq mi
ZIP Area
19
Density / Sq Mi
$54,540
Median Household Income
$29,230
Median Earnings
$1,475
Median Rent
$291,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Storefront property - Currently leased building with potential for office or retail use near the former golf course.
Where is this storefront property located?
The property is located at 4235 N MONTEZUMA Avenue Rimrock, AZ.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1,296‑square‑foot storefront building; Currently leased to an operating business; Constructed in 1985
