Flex Space with Secure
For Sale
$2,850,000
803 N Industrial Dr, Camp Verde, AZ 86322
Industrial improvements from 2016 include substantial electrical infrastructure and fenced commercial grounds.
Property Size11,928 SF
Lot Size15.00 Acres
Price / SF$238.93
Days on Market484
Property Features for 803 N Industrial Dr
General Information
Standard status
Active
Size
11,928 SF
Lot size
15.00 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Additional Details
Heavy Power
Yes
Building Details
Year Built
2016
Listing Agency:
Coldwell Banker Northland
Listed By:
Becky McBride info@cwbanker.com
Source:
Findyourphoenixhome
Added: May 4, 2025
Changed: Aug 29
Last Checked: Aug 29 at 10:35AM
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 Coldwell Banker Northland
Investment Insights
Based on property information with market context.
This 11,928-square-foot flex property occupies a 15-acre footprint in Camp Verde. Originally constructed for agricultural and processing operations, the improvements include infrastructure that can be repurposed for commercial or industrial applications. The property was built in 2016 and expanded in 2020, with 10 acres enclosed by secure fencing.
Located at 803 N Industrial Dr, the property sits directly off I-17 and Hwy 260, providing access to two major transportation routes. Its combination of enclosed land, substantial electrical capability, and existing improvements supports a range of operational configurations, including distribution, manufacturing, vehicular storage, cultivation, and other uses identified by the source information.
Located at 803 N Industrial Dr, the property sits directly off I-17 and Hwy 260, providing access to two major transportation routes. Its combination of enclosed land, substantial electrical capability, and existing improvements supports a range of operational configurations, including distribution, manufacturing, vehicular storage, cultivation, and other uses identified by the source information.
Key Highlights
- 11,928‑square‑foot flex property on a 15‑acre footprint
- 10 acres are fully fenced and secure
- Constructed in 2016 and expanded in 2020
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
$230,349
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
8.08%
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%
$4,606,980
$4.6M
Cap Rate 7%
$3,290,700
$3.3M
Cap Rate 9%
$2,559,433
$2.6M
Market Conditions
NOI Build-Up for 11,928 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
$346.4K $29.04/SF
− Vacancy
−$17.3K −$1.45/SF
EGI
$329.1K $27.59/SF
− OpEx
−$98.7K −$8.28/SF
NOI
$230.3K $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%
$4,606,980
Cap Rate 7%
$3,290,700
Cap Rate 9%
$2,559,433
Alternative Uses
Best Use
Warehouse
$4.00M
$3.50M – $4.66M
NOI $279,709 @ 7.0% cap · market cap 9.81%
Second Best
Industrial
$3.29M
$2.88M – $3.84M
NOI $230,349 @ 7.0% cap · market cap 8.08%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86322, AZ
12,696
Population
5,230
Households
2.4
Avg Household Size
48
Median Age
20%
College-Educated
85%
High-School Grad
319.5 sq mi
ZIP Area
40
Density / Sq Mi
$59,018
Median Household Income
$33,365
Median Earnings
$1,036
Median Rent
$293,700
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 improvements from 2016 include substantial electrical infrastructure and fenced commercial grounds.
Where is this flex space located?
The property is located at 803 N Industrial Dr Camp Verde, AZ.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 11,928‑square‑foot flex property on a 15‑acre footprint; 10 acres are fully fenced and secure; Constructed in 2016 and expanded in 2020
