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Four-Bay Flex Building
For Sale
$1,175,000

516 S Cold Water Lane, Dewey, AZ 86327

Built in 2023, the metal flex building includes storage, secured yard area, and parking for employees or customers.

Property Size4,993 SF
Price / SF$235.33
Days on Market149

Property Features for 516 S Cold Water Lane

General Information

Standard status Active
Size 4,993 SF
Property subtype Commercial
Zoning IG

Taxes and HOA fees

Annual Taxes $5,440

Building Details

Building Size 4,993 SF
Year Built 2023
Buildings 1
Stories 1
Listing Agency: Bella Terra Realty LLC
Listed By: LeAnn Carver
Source: Aznewhorizonrealty
Added: Mar 10 Changed: Aug 4 Last Checked: Aug 4 at 4:29AM

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 Bella Terra Realty LLC

Investment Insights

Based on property information with market context.

This flex property features a metal building constructed in 2023 with four bays and dedicated storage areas. The site encompasses just over an acre and includes nine concreted parking spaces. A metal-fenced yard provides enclosed outdoor space for equipment, materials, or storage needs.

The property carries IG zoning and is addressed in Dewey while located within the Town of Prescott Valley. Its setting near Highway 169 and Highway 69 provides access across the Quad City area and supports industrial operations requiring connections for products, materials, or equipment.

Key Highlights

  • 2023‑built metal flex building
  • Four spacious bays with dedicated storage areas
  • Just over an acre of site area

Financial Insights For Industrial

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 $145.0k $29.04
− Vacancy −$7.2k −$1.45
EGI $137.7k $27.59
− OpEx −$41.3k −$8.28
NOI $96.4k $19.31
4,993 SF · lease $29.04/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$1.67M
$1.46M – $1.95M (±1% cap)
NOI $117,085 @ 7.0% cap · market cap 9.96%
Second Best
Industrial
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,423 @ 7.0% cap · market cap 8.21%
Theoretical Best
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Spa & Massage Center HVAC Service Grocery & Convenience Store Food Market Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

Demographics for 86327, AZ

11,530
Population
6,544
Households
1.8
Avg Household Size
61
Median Age
20%
College-Educated
93%
High-School Grad
256.6 sq mi
ZIP Area
45
Density / Sq Mi
$70,375
Median Household Income
$41,334
Median Earnings
$1,462
Median Rent
$359,700
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Built in 2023, the metal flex building includes storage, secured yard area, and parking for employees or customers.
Where is this flex space located?
The property is located at 516 S Cold Water Lane Dewey, AZ.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: 2023‑built metal flex building; Four spacious bays with dedicated storage areas; Just over an acre of site area
More about this property
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