Tenant-Occupied Storefront
For Sale
$300,000
644 S Arizona Blvd, Coolidge, AZ 85128
H&R Block occupies the commercial space as a tenant.
Property Size1,661 SF
Price / SF$180.61
Days on Market31
Property Features for 644 S Arizona Blvd
General Information
Standard status
Active
Size
1,661 SF
Property subtype
Commercial
Building Details
Year Built
1950
Tenancy
Single
Listing Agency:
RE/MAX Premier
Listed By:
Donna Allman · License #SA663396000
(480) 340-2808
Source:
Searchallarizonahouses
Added: Sep 20
Changed: Oct 19
Last Checked: Oct 1 at 11:20AM
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 RE/MAX Premier
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This storefront property at 644 S Arizona Boulevard is occupied by H&R Block. The commercial asset is located in Coolidge, Arizona.
Key Highlights
- Occupied by H&R Block
- Located at 644 S Arizona Boulevard in Coolidge, AZ 85128
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,307
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,140
$326.1K
Cap Rate 7%
$232,957
$233.0K
Cap Rate 9%
$181,189
$181.2K
Market Conditions
NOI Build-Up for 1,661 SF
Gross rent
$24.9K $15.00/SF
− Vacancy
−$1.6K −$0.98/SF
EGI
$23.3K $14.03/SF
− OpEx
−$7.0K −$4.21/SF
NOI
$16.3K $9.82/SF
Area
Pinal County, AZ
Vacancy
6.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,140
Cap Rate 7%
$232,957
Cap Rate 9%
$181,189
Alternative Uses
Best Use
Retail
$233.0K
$203.8K – $271.8K
NOI $16,307 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$459.2K
$401.8K – $535.7K
NOI $32,144 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
397
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85128, AZ
15,764
Population
6,527
Households
2.4
Avg Household Size
34
Median Age
12%
College-Educated
84%
High-School Grad
166.7 sq mi
ZIP Area
95
Density / Sq Mi
$57,205
Median Household Income
$40,018
Median Earnings
$1,132
Median Rent
$208,400
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
Similar Off Market Nearby
- J Warren Flowers — 541 W Coolidge Ave, Coolidge, AZ 85128
Frequently Asked Questions
What type of property is this?
Storefront property - H&R Block occupies the commercial space as a tenant.
Where is this storefront property located?
The property is located at 644 S Arizona Blvd Coolidge, AZ.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Occupied by H&R Block; Located at 644 S Arizona Boulevard in Coolidge, AZ 85128
