Office Units with Private
For Sale
$345,000
51426 Us Highway 60 89, Wickenburg, AZ 85390
Office space with gravel parking and easy Hwy 60 access, plus on-site private well and septic services.
Property Size800 SF
Price / SF$431.25
Days on Market82
Property Features for 51426 Us Highway 60 89
General Information
Standard status
Active
Size
800 SF
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$868
Amenities
private well
septic
full chain-link fencing with gate
small storage shed
Listing Agency:
HomeSmart
Listed By:
Nikkie Miller · License #SA676050000
(928) 232-3302
Source:
Exprealty
Added: Jun 26
Changed: Sep 6
Last Checked: Sep 14 at 10:35AM
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 HomeSmart
Investment Insights
Based on property information with market context.
This office unit property is currently set up for office use and includes gravel parking. The building features a storefront presence and benefits from easy access from US Highway 60. The property totals 800 SF and also includes a small storage shed.
On-site utilities include a private well and septic. For security, the property has full chain-link fencing with a gate for secure locking and leaving. Additional land is available next door for potential expansion.
Overall, the site combines an office-ready interior configuration with highway visibility and practical on-site utilities, making it well suited for business or residential use depending on how the space is ultimately configured.
On-site utilities include a private well and septic. For security, the property has full chain-link fencing with a gate for secure locking and leaving. Additional land is available next door for potential expansion.
Overall, the site combines an office-ready interior configuration with highway visibility and practical on-site utilities, making it well suited for business or residential use depending on how the space is ultimately configured.
Key Highlights
- 800 SF office unit
- Easy access to US Highway 60 with highway visibility
- Private well and septic on site
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
$13,880
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
4.02%
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%
$277,600
$277.6K
Cap Rate 7%
$198,286
$198.3K
Cap Rate 9%
$154,222
$154.2K
Market Conditions
NOI Build-Up for 800 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 $30.60/SF
− Vacancy
−$6.0K −$7.47/SF
EGI
$18.5K $23.13/SF
− OpEx
−$4.6K −$5.78/SF
NOI
$13.9K $17.35/SF
Area
Maricopa County, AZ
Vacancy
24.40%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
25.00%
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%
$277,600
Cap Rate 7%
$198,286
Cap Rate 9%
$154,222
Alternative Uses
Best Use
Office B
$198.3K
$173.5K – $231.3K
NOI $13,880 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$247.5K
$216.5K – $288.7K
NOI $17,322 @ 7.0% cap · market cap 5.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 85390, AZ
9,102
Population
5,702
Households
1.6
Avg Household Size
62
Median Age
35%
College-Educated
96%
High-School Grad
475.6 sq mi
ZIP Area
19
Density / Sq Mi
$65,985
Median Household Income
$43,070
Median Earnings
$1,234
Median Rent
$465,800
Median Home Value
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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?
Office units - Office space with gravel parking and easy Hwy 60 access, plus on-site private well and septic services.
Where is this office units located?
The property is located at 51426 Us Highway 60 89 Wickenburg, AZ.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 800 SF office unit; Easy access to US Highway 60 with highway visibility; Private well and septic on site
