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Medical Office Building with Lab

625 Ruth Street Prescott, AZ 86301

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Medical/professional office building with a lab, 12 private offices, multiple entrances, and 30 on-site parking spaces.

Type:Office
Property size:
2,820 SF
Lot size:
0.55 Acres
Price / SF:
$230.14/SF
Added:
Jul 8, 2026
Days on Market:
7
Last Refresh:
Jul 11 at 2:02 am

Property Features for 625 Ruth Street

General Information

Standard status
Active
Size
2,820 SF
Lot size
0.55 Acres
Property subtype
Office

Building Details

Year Built
2000

Listing office Better Homes and Gardens BloomTree Realty

Listing date Jul 8, 2026

Source Crexi

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 Better Homes and Gardens BloomTree Realty


Investment Insights

Based on property information with market context.

This well-maintained medical and professional office building is available for purchase after a tenant relocation. The property consists of three interconnected modular buildings totaling approximately 12,820 square feet, designed with an efficient layout for medical or office use. Interior features include 12 private offices, a large waiting room, a separate reception area, a kitchen/break room, a medical lab, and two ADA-compliant restrooms. There are five separate building entrances, including ADA access on the east side.

The site is located on Business Regional (BR) zoned land and provides 30 on-site parking spaces, with additional street parking available. An outdoor area immediately south of the building is set among natural granite boulders and mature native landscaping. The property is positioned at the southeast corner of W. Hillside Avenue and Ruth Street, with street frontage, visibility, and monument signage in a well-established mixed-use neighborhood.

For context, the building is less than 1/2 mile south of Dignity Health Hospital’s West Campus and about 1 mile north of Prescott’s downtown Courthouse Square, with proximity to neighborhood shopping centers anchored by major retailers.

Key Highlights

  • 2000‑built medical/professional office building with 12 private offices, medical lab, large waiting room, and reception area
  • Approximately 3 interconnected modular buildings totaling 12,820 SF on 0.55 acres of BR‑zoned land
  • ADA‑compliant features include 2 ADA restrooms and ADA access on the east side of the building

Local Financial Insights For Healthcare Medical

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 $81.9k $29.04
− Vacancy −$5.3k −$1.89
EGI $76.6k $27.15
− OpEx −$30.6k −$10.86
NOI $45.9k $16.29
2,820 SF · lease $29.04/SF/yr · vacancy 6.50% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$656.3K
$574.3K – $765.7K (±1% cap)
NOI $45,942 @ 7.0% cap · market cap 7.08%
Second Best
Office B
$585.9K
$512.7K – $683.6K (±1% cap)
NOI $41,015 @ 7.0% cap · market cap 6.32%
Theoretical Best
Warehouse
$944.7K
$826.6K – $1.10M (±1% cap)
NOI $66,128 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Parking Lot & Garage Catering Service (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Electrical Service Clothing & Fashion Store (Bike/Boat/Book/etc) Store Supermarket

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

Similar Off Market Nearby

  • Prescott Animal Hospital — 1318 W Iron Springs Rd, Prescott, AZ 86305
  • Harmony Veterinary Care — 826 Sunset Ave, Prescott, AZ 86305
  • Killian Raenell DVM — 1318 W Iron Springs Rd, Prescott, AZ 86305
  • Pauletto Tammy J DVM — 1318 W Iron Springs Rd, Prescott, AZ 86305, United States
  • Nolte Bryan DVM — 1318 W Iron Springs Rd, Prescott, AZ 86305

FAQs

What type of property is this?
Medical Office Space - Medical/professional office building with a lab, 12 private offices, multiple entrances, and 30 on-site parking spaces.
Where is this medical office space located?
The property is located at 625 Ruth Street Prescott, AZ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 2000‑built medical/professional office building with 12 private offices, medical lab, large waiting room, and reception area; Approximately 3 interconnected modular buildings totaling 12,820 SF on 0.55 acres of BR‑zoned land; ADA‑compliant features include 2 ADA restrooms and ADA access on the east side of the building
Contact an agent
(619) 997-3329 Call to check price and availability
More about this property
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