Freestanding Storefront
For Sale
$249,000
437 W Butterfield Road, Chino Valley, AZ 86323
Commercial Light (CL) zoning accommodates retail, office, and other commercial uses.
Property Size720 SF
Lot Size0.51 Acres
Price / SF$345.83
Days on Market15
Property Features for 437 W Butterfield Road
General Information
Standard status
Active
Size
720 SF
Lot size
0.51 Acres
Property subtype
Retail
Zoning
CL
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Asking Price
$249,000
Taxes and HOA fees
Annual Taxes
$1,264
Building Details
Building Size
720 SF
Year Built
1991
Buildings
1
Tenancy
Single
Listing Agency:
Better Homes And Gardens Real Estate Bloomtree Realty
(619) 997-3329
Listed By:
Raymond G. Zogob · License #SA553424000
Source:
Adobegr
Added: Aug 2
Changed: Aug 13
Last Checked: Aug 15 at 12:25PM
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 Better Homes And Gardens Real Estate Bloomtree Realty
Investment Insights
Based on property information with market context.
This freestanding commercial building provides approximately 720 square feet of interior space, including a reception and waiting area, two private offices, a dedicated workstation, and one restroom. Constructed in 1991, the property is suited to a compact storefront or office configuration.
The building occupies a 0.51-acre parcel at 437 W Butterfield Road in Chino Valley, Arizona, near State Route 89. The site has street frontage, a mostly fenced perimeter, and on-site parking with access around all four sides of the building.
Commercial Light (CL) zoning allows for retail, office, and other commercial uses identified in the property information. The former occupant was Tombstone Tactical.
The building occupies a 0.51-acre parcel at 437 W Butterfield Road in Chino Valley, Arizona, near State Route 89. The site has street frontage, a mostly fenced perimeter, and on-site parking with access around all four sides of the building.
Commercial Light (CL) zoning allows for retail, office, and other commercial uses identified in the property information. The former occupant was Tombstone Tactical.
Key Highlights
- Approximately ±720 SF freestanding commercial building
- Reception and waiting area, two private offices, workstation, and restroom
- 0.51‑acre parcel with mostly fenced perimeter
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
$12,481
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
5.01%
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%
$249,620
$249.6K
Cap Rate 7%
$178,300
$178.3K
Cap Rate 9%
$138,678
$138.7K
Market Conditions
NOI Build-Up for 720 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
$18.7K $26.04/SF
− Vacancy
−$919 −$1.28/SF
EGI
$17.8K $24.76/SF
− OpEx
−$5.3K −$7.43/SF
NOI
$12.5K $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 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%
$249,620
Cap Rate 7%
$178,300
Cap Rate 9%
$138,678
Alternative Uses
Best Use
Retail
$178.3K
$156.0K – $208.0K
NOI $12,481 @ 7.0% cap · market cap 5.01%
Second Best
Office B
$149.6K
$130.9K – $174.5K
NOI $10,472 @ 7.0% cap · market cap 4.21%
Theoretical Best
Warehouse
$241.2K
$211.1K – $281.4K
NOI $16,884 @ 7.0% cap · market cap 6.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86323, AZ
18,422
Population
8,541
Households
2.2
Avg Household Size
51
Median Age
19%
College-Educated
90%
High-School Grad
114.7 sq mi
ZIP Area
161
Density / Sq Mi
$62,815
Median Household Income
$37,385
Median Earnings
$1,167
Median Rent
$349,900
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.
Similar Off Market Nearby
- The Watering Can flower shoppe — 323 W Butterfield Rd, Chino Valley, AZ 86323
- Old Soul Floral — 1174 az-89 unit 1, chino valley, az 86323
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial Light (CL) zoning accommodates retail, office, and other commercial uses.
Where is this storefront property located?
The property is located at 437 W Butterfield Road Chino Valley, AZ.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Approximately ±720 SF freestanding commercial building; Reception and waiting area, two private offices, workstation, and restroom; 0.51‑acre parcel with mostly fenced perimeter
