Climate-Controlled Flex
For Sale
$1,175,000
6655 Inter Cal Way, Prescott, AZ 86301
Industrial Light zoning supports a range of industrial uses in a configurable commercial building.
Property Size4,900 SF
Price / SF$239.80
Days on Market208
Property Features for 6655 Inter Cal Way
General Information
Standard status
Active
Size
4,900 SF
Total Parking Spaces
12
Property subtype
Commercial
Zoning
IL
Warehouse & Industrial
Clear Span
Yes
Conditioned Warehouse
Yes
Building Details
Year Built
2021
Building Size
4,900 SF
Construction
red-iron
Listing Agency:
Arizona Commercial
(480) 309-1089
Listed By:
Matthew Fish · License #BR626105000
Source:
Searchprescotthouses
Added: Feb 3
Changed: Aug 29
Last Checked: Aug 29 at 10:15AM
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 Arizona Commercial
Investment Insights
Based on property information with market context.
Completed in 2021, this 4,900-square-foot flex building combines a clear-span warehouse with two private offices and a half bathroom. Climate control extends throughout the facility, with two HVAC units serving the warehouse and mini-split systems in the offices. The interior can be configured as two separate 2,450-square-foot units.
Exterior functionality includes 12 paved parking spaces, two 16-foot overhead doors, two walk-through entrances, and a circular drive reached through two concrete aprons. A graded pad provides additional outdoor storage capacity or room for future building expansion. The property carries Industrial Light (IL) zoning and includes a layout suited to a range of industrial applications.
Exterior functionality includes 12 paved parking spaces, two 16-foot overhead doors, two walk-through entrances, and a circular drive reached through two concrete aprons. A graded pad provides additional outdoor storage capacity or room for future building expansion. The property carries Industrial Light (IL) zoning and includes a layout suited to a range of industrial applications.
Key Highlights
- 4,900 square feet of flex and industrial space completed in 2021
- Clear‑span red‑iron construction with full‑building climate control
- Configurable into two 2,450‑square‑foot units
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
$94,627
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
8.05%
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%
$1,892,540
$1.9M
Cap Rate 7%
$1,351,814
$1.4M
Cap Rate 9%
$1,051,411
$1.1M
Market Conditions
NOI Build-Up for 4,900 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
$142.3K $29.04/SF
− Vacancy
−$7.1K −$1.45/SF
EGI
$135.2K $27.59/SF
− OpEx
−$40.6K −$8.28/SF
NOI
$94.6K $19.31/SF
Area
Yavapai County, AZ
Vacancy
5.00%
Lease Rate
$29.04 /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%
$1,892,540
Cap Rate 7%
$1,351,814
Cap Rate 9%
$1,051,411
Alternative Uses
Best Use
Warehouse
$1.64M
$1.44M – $1.92M
NOI $114,904 @ 7.0% cap · market cap 9.78%
Second Best
Industrial
$1.35M
$1.18M – $1.58M
NOI $94,627 @ 7.0% cap · market cap 8.05%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86301, AZ
25,115
Population
13,863
Households
1.8
Avg Household Size
57
Median Age
37%
College-Educated
96%
High-School Grad
33.4 sq mi
ZIP Area
752
Density / Sq Mi
$71,962
Median Household Income
$33,989
Median Earnings
$1,580
Median Rent
$495,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
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 - Industrial Light zoning supports a range of industrial uses in a configurable commercial building.
Where is this flex space located?
The property is located at 6655 Inter Cal Way Prescott, 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: 4,900 square feet of flex and industrial space completed in 2021; Clear‑span red‑iron construction with full‑building climate control; Configurable into two 2,450‑square‑foot units
