Storefront Property with
New
For Sale
$199,000
607 E 12th St, Douglas, AZ 85607
Equipment is included with the existing commercial building.
Property Size1,320 SF
Price / SF$150.76
Days on Market5
Property Features for 607 E 12th St
General Information
Standard status
Active
Size
1,320 SF
Property subtype
Commercial
Building Details
Year Built
1948
Buildings
1
Listing Agency:
Novoa Realty LLC
Listed By:
Ray Novoa
(520) 249-0840
Source:
Phoenixhomehunter
Added: Sep 22
Changed: Sep 24
Last Checked: Sep 24 at 3:03PM
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 Novoa Realty LLC
Investment Insights
Based on property information with market context.
The storefront at 607 E 12th St in Douglas, Arizona, contains 1,320 square feet and was built in 1948. Equipment is included with the property.
Key Highlights
- 1,320‑square‑foot storefront building
- Equipment included with the property
- Built in 1948
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
$8,521
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
4.28%
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%
$170,420
$170.4K
Cap Rate 7%
$121,729
$121.7K
Cap Rate 9%
$94,678
$94.7K
Market Conditions
NOI Build-Up for 1,320 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
$15.0K $11.40/SF
− Vacancy
−$2.9K −$2.18/SF
EGI
$12.2K $9.22/SF
− OpEx
−$3.7K −$2.77/SF
NOI
$8.5K $6.46/SF
Area
Cochise County, AZ
Vacancy
19.11%
Lease Rate
$11.40 /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%
$170,420
Cap Rate 7%
$121,729
Cap Rate 9%
$94,678
Alternative Uses
Best Use
Retail
$121.7K
$106.5K – $142.0K
NOI $8,521 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$195.6K
$171.2K – $228.2K
NOI $13,692 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
17k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 32%
Apparel 16%
Conoco
Shops & Services
6,285 visits/mo
0.3 miles
Pizza Hut
Dining
5,337 visits/mo
0.5 miles
Melrose
Apparel
2,627 visits/mo
0.3 miles
The UPS Store
Shops & Services
2,616 visits/mo
0.4 miles
Demographics for 85607, AZ
17,738
Population
6,811
Households
2.6
Avg Household Size
35
Median Age
15%
College-Educated
78%
High-School Grad
778.4 sq mi
ZIP Area
23
Density / Sq Mi
$40,576
Median Household Income
$27,474
Median Earnings
$750
Median Rent
$134,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Equipment is included with the existing commercial building.
Where is this storefront property located?
The property is located at 607 E 12th St Douglas, AZ.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 1,320‑square‑foot storefront building; Equipment included with the property; Built in 1948
