Quonset Hut Warehouse
For Sale
$329,000
4588 N Haskell Ave, Willcox, AZ 85643
Commercial site with private well, septic system, and an existing billboard.
Property Size3,290 SF
Lot Size2.06 Acres
Price / SF$100
Days on Market23
Property Features for 4588 N Haskell Ave
General Information
Standard status
Active
Size
3,290 SF
Lot size
2.06 Acres
Property subtype
Commercial
Additional Details
Gross Income
$5,000
Building Details
Year Built
1966
Construction
Quonset hut
Listing Agency:
Mesquite Ranch Realty Inc
(520) 405-1077
Listed By:
Nancy Welch
Source:
Searchallarizonahouses
Added: Aug 8
Changed: Aug 29
Last Checked: Aug 25 at 7:39AM
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 Mesquite Ranch Realty Inc
Investment Insights
Based on property information with market context.
This warehouse property occupies 2.06 acres at 4588 N Haskell Ave in Willcox, Arizona. The site includes a Quonset hut, a private well, and an on-site septic system, providing defined building and site infrastructure for commercial use.
Constructed in 1966, the property also includes an existing billboard. Its combination of warehouse space, acreage, and privately served utilities creates a straightforward commercial asset with both building and land components.
Constructed in 1966, the property also includes an existing billboard. Its combination of warehouse space, acreage, and privately served utilities creates a straightforward commercial asset with both building and land components.
Key Highlights
- 2.06‑acre warehouse property in Willcox, AZ
- Quonset hut included on site
- Private well and on‑site septic system
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
$18,767
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
5.70%
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%
$375,340
$375.3K
Cap Rate 7%
$268,100
$268.1K
Cap Rate 9%
$208,522
$208.5K
Market Conditions
NOI Build-Up for 3,290 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
$24.5K $7.44/SF
− Vacancy
−$2.4K −$0.73/SF
EGI
$22.1K $6.71/SF
− OpEx
−$3.3K −$1.01/SF
NOI
$18.8K $5.70/SF
Area
Cochise County, AZ
Vacancy
9.80%
Lease Rate
$7.44 /SF/Yr
Expense Ratio
15.00%
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%
$375,340
Cap Rate 7%
$268,100
Cap Rate 9%
$208,522
Alternative Uses
Best Use
Warehouse
$268.1K
$234.6K – $312.8K
NOI $18,767 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$487.5K
$426.6K – $568.8K
NOI $34,126 @ 7.0% cap · market cap 10.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85643, AZ
8,208
Population
3,965
Households
2.1
Avg Household Size
41
Median Age
18%
College-Educated
83%
High-School Grad
2,206.7 sq mi
ZIP Area
4
Density / Sq Mi
$56,952
Median Household Income
$32,712
Median Earnings
$700
Median Rent
$161,500
Median Home Value
Market
Vacancy Rate% for Industrial 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?
Warehouse - Commercial site with private well, septic system, and an existing billboard.
Where is this warehouse located?
The property is located at 4588 N Haskell Ave Willcox, AZ.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 2.06‑acre warehouse property in Willcox, AZ; Quonset hut included on site; Private well and on‑site septic system
