Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Freestanding Commercial Building on High-Traffic Corridor Title is generated by Realmo AI

    460 N Switzer Canyon DR., Flagstaff, AZ 86001

    View on Map
    Claim this Listing
    For Sale
    $2,525,000

    10,000 SF commercial building with high visibility and accessibility.

    Type:Retail
    Property size:
    10,000 SF
    Price / SF:
    $252/SF
    Added:
    Apr 8, 2026
    Days on Market:
    57
    Last Refresh:
    Apr 8 at 8:01 pm

    Property Features for 460 N Switzer Canyon DR.

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1975

    We can help!

    Listing Contact
    Darien Degher
    Darien Degher

    Listing agent Darien Degher License #SA640115000

    Listing office Coldwell Banker Dallas Real Estate

    Listing date Apr 8, 2026

    Source Cbcworldwide

    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 Coldwell Banker Dallas Real Estate

    HighLights

    • 10,000 sq ft freestanding commercial building with high visibility and accessibility.
    • Zoned Highway Commercial, suitable for medical, professional services, retail, or specialty commercial uses.
    • Flexible floor plan allows for single‑tenant occupancy or subdivision.
    • Prominent frontage on a major thoroughfare with high daily traffic counts.
    • On‑site parking and signage opportunities.
    • Located in a growing mixed‑use corridor with residential, office, and retail.

    Overview

    This 10,000 square foot freestanding commercial building is positioned along a highly trafficked, mixed-use corridor, offering outstanding visibility and accessibility. Zoned Highway Commercial, the building is suited for a range of uses, including medical, professional services, retail, or specialty commercial users. The flexible floor plan allows for efficient single-tenant occupancy or the potential for subdivision, enhancing adaptability to changing market demands. Prominent frontage along a major thoroughfare ensures strong exposure to daily traffic counts, while the surrounding mix of residential, office, and retail uses supports consistent consumer and employee activity. The freestanding configuration provides identity, signage opportunities, and convenient on-site parking. It is a compelling option for owner-users seeking long-term control or investors pursuing stable income with future upside. This property offers a strategic blend of visibility, zoning flexibility, and functional design in a growing commercial corridor.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    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.

    Component $ $/SF
    Gross rent $232.8k $23.28
    − Vacancy −$48.9k −$4.89
    EGI $183.9k $18.39
    − OpEx −$46.0k −$4.60
    NOI $137.9k $13.79
    10,000 SF · lease $23.28/SF/yr · vacancy 21.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $1.97M
    $1.72M – $2.30M (±1% cap)
    NOI $137,934 @ 7.0% cap · market cap 5.46%
    Second Best
    Retail
    $1.73M
    $1.51M – $2.02M (±1% cap)
    NOI $120,952 @ 7.0% cap · market cap 4.79%
    Theoretical Best
    Office A
    $2.76M
    $2.42M – $3.23M (±1% cap)
    NOI $193,523 @ 7.0% cap · market cap 7.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Proof Physical Therapy ... Medical Clinic Pure Edibles & Concentrates (Bike/Boat/Book/etc) Store Lincare Production Facility Jordan Williams Physician Noble Herb Dispensary (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Barbara Rae Gurley — 102 N San Francisco St, Flagstaff, AZ 86001
    • Sam's Club Floral — 1851 E Butler Ave, Flagstaff, AZ 86001

    Location Insight

    • Map
    • Local Demand
    City
    Flagstaff
    County
    Coconino
    State
    Arizona
    Longitude
    -111.6352481
    Latitude
    35.1976641

    Nearby Similar for Sale

    • $2,400,000
      10,000 SF

      Freestanding Commercial Building in Flagstaff

      10,000 SF commercial building in high-traffic area, Flagstaff, AZ.
      460 N Switzer Canyon Drive, Flagstaff, AZ 86001
      View Details
    • $2,500,000
      7,634 SF

      Updated Office Space on Route 66

      Versatile office building in central Flagstaff with high exposure.
      2290 E Route 66, Flagstaff, AZ 86004
      View Details
    • $2,150,000
      9,800 SF

      Flagstaff Warehouse/Office Facility For Sale

      Freestanding warehouse/office in Flagstaff's Northwoods Business Centre.
      2126 N Walgreens Street, Flagstaff, AZ 86004
      View Details
    • $549,000
      1,639 SF

      Medical Office Near Flagstaff Center

      Professional medical office building with convenient access to medical center.
      1360 N Rim Drive, Flagstaff, AZ 86001
      View Details
    • $4,900,000
      22,000 SF

      Mountain Resort with Western Charm

      280-acre resort with cabins, RV park, steakhouse, and more.
      1901 South Mormon Lake Rd, Flagstaff, AZ 86038
      View Details
    • $899,000

      Turnkey Equestrian Facility in Flagstaff

      10-acre horse property with arena, stalls, and stunning views.
      13170 STOCKMENS Road, Flagstaff, AZ 86004
      View Details
    • $2,900,000
      6,659 SF

      Flagstaff Multifamily Reposition Opportunity

      Value-add multifamily property on Historic Route 66 in Flagstaff.
      2100 E Route 66, Flagstaff, AZ 86004
      View Details
    • $1,950,000
      6,029 SF

      Downtown Flagstaff Commercial Flex Space

      6,000 SF commercial space in the heart of Flagstaff.
      417 W Santa Fe Avenue, Flagstaff, AZ 86001
      View Details
    • $895,000
      3,150 SF

      Flagstaff Fourplex Investment Opportunity

      Four-unit property in high-demand Flagstaff location near amenities.
      2420 N West Street, Flagstaff, AZ 86004
      View Details
    • $899,000

      Turnkey Equestrian Facility on 10 Acres

      10-acre Flagstaff horse property with arena, stalls, and storage.
      13170 Stockmens Road, Flagstaff, AZ 86004
      View Details
    • $1,200,000
      3,648 SF

      Detached Homes Near 4th Street

      Two newer homes near amenities, ideal for investors or occupants.
      2406 E 4th Avenue, Flagstaff, AZ 86004
      View Details
    • $2,150,000
      9,800 SF

      Flagstaff Warehouse/Office Freestanding Facility

      9,800 SF warehouse/office on 1.02 acres with fenced yard.
      2126 N. Walgreens St, Flagstaff, AZ 86004
      View Details

    FAQs

    What type of property is this?
    Storefront property - 10,000 SF commercial building with high visibility and accessibility.
    Where is this storefront property located?
    The property is located at 460 N Switzer Canyon DR. Flagstaff, AZ.
    What is the asking price?
    The asking price for this property is $2,525,000.
    What are key features of this property?
    This property features: 10,000 sq ft freestanding commercial building with **high visibility and accessibility**.; Zoned Highway Commercial, suitable for medical, professional services, retail, or specialty commercial uses.; **Flexible floor plan** allows for single‑tenant occupancy or subdivision.
    (928) 607-3749
    We can help!
    Listing Contact
    Darien Degher
    Darien Degher
    Real Estate License ID: SA640115000
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    460 N Switzer Canyon DR. Flagstaff, AZ 86001
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!