Industrial Warehouse with
For Sale
Contact for pricing
655 East 20th Street, Yuma, AZ 85365
Warehouse space includes multiple offices, a breakroom, IT room, and roll-up and sliding door access.
Property Size25,000 SF
Price / SF$104
Days on Market188
Property Features for 655 East 20th Street
General Information
Standard status
Active
Size
25,000 SF
Property subtype
INDUSTRIAL
Additional Details
Asking Price
$2,750,000
Clear Height
18 ft
Amenities
Offices
Breakroom
IT Room
Listing Agency:
A.T. Pancrazi Real Estate Services
(928) 246-7949
Listed By:
Chase Pancrazi · License ##SA711630000
(928) 246-7949
Source:
Moodyscre
Added: Feb 24
Changed: Aug 29
Last Checked: Aug 30 at 11:54PM
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 A.T. Pancrazi Real Estate Services
Investment Insights
Based on property information with market context.
This 25,000-square-foot industrial warehouse includes six offices, a breakroom, and a dedicated IT room. The building also features two roll-up doors, one sliding door, and 18-foot ceiling height, supporting a range of warehouse and operational requirements.
The property is located at 655 East 20th Street in Yuma, Arizona, with access through multiple service doors. Sale and sublease opportunities are identified for the asset; lease economics and transaction pricing are omitted here.
The property is located at 655 East 20th Street in Yuma, Arizona, with access through multiple service doors. Sale and sublease opportunities are identified for the asset; lease economics and transaction pricing are omitted here.
Key Highlights
- 25,000 square feet of industrial warehouse space
- Two roll‑up doors and one sliding door
- Six offices, one breakroom, and one IT room
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
$136,655
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
5.26%
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%
$2,733,100
$2.7M
Cap Rate 7%
$1,952,214
$2.0M
Cap Rate 9%
$1,518,389
$1.5M
Market Conditions
NOI Build-Up for 25,000 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
$172.5K $6.90/SF
− Vacancy
−$11.7K −$0.47/SF
EGI
$160.8K $6.43/SF
− OpEx
−$24.1K −$0.96/SF
NOI
$136.7K $5.47/SF
Area
Yuma County, AZ
Vacancy
6.80%
Lease Rate
$6.90 /SF/Yr
Expense Ratio
15.00%
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%
$2,733,100
Cap Rate 7%
$1,952,214
Cap Rate 9%
$1,518,389
Alternative Uses
Best Use
Warehouse
$1.95M
$1.71M – $2.28M
NOI $136,655 @ 7.0% cap · market cap 5.26%
Second Best
Industrial
$1.61M
$1.41M – $1.88M
NOI $112,539 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$12.84M
$11.24M – $14.98M
NOI $898,844 @ 7.0% cap · market cap 34.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
18 ft
Clear height
Location Intelligence
Trade Area within ½ mile
753
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85365, AZ
50,166
Population
26,353
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
87%
High-School Grad
1,349.0 sq mi
ZIP Area
37
Density / Sq Mi
$68,358
Median Household Income
$40,107
Median Earnings
$1,259
Median Rent
$189,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse space includes multiple offices, a breakroom, IT room, and roll-up and sliding door access.
Where is this warehouse located?
The property is located at 655 East 20th Street Yuma, AZ.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: 25,000 square feet of industrial warehouse space; Two roll‑up doors and one sliding door; Six offices, one breakroom, and one IT room
