Live-Work Property with Detached
8358 Silver Creek Drive Show Low, AZ 85901
New
8358 Silver Creek Drive, Show Low, AZ, 85901
Contact for pricing
For Sale
Contact for pricing
Versatile live-work property with a detached garage, commercial or residential zoning, and lake privileges rights included.
Property Size864 SF
Price / SF$364.58
Days on Market6
Property Features for 8358 Silver Creek Drive
General Information
- Standard status
- Active
- Size
- 864 SF
- Property subtype
- Office
Building Details
- Year Built
- 1982
Listing Agency
United Country Arizona Country Real Estate
(623) 777-9082
Listed by
Doreen Letson · License #AZ BR646242000
Source
Crexi
Added: Jul 15 Checked: Jul 20 at 4:44 am
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 United Country Arizona Country Real Estate
Investment Insights
Based on property information with market context.
This versatile live-work property is zoned for either commercial or residential use and includes ownership rights to enjoy White Mountain Lake privileges. The primary building offers three bedrooms or office spaces, one bathroom, a kitchen area, washer and dryer hookups, and a spacious living or reception area. Two access points and a graveled driveway support convenient entry, with water, septic, and electric already in place.
An approximately 860-square-foot detached garage is also included, with concrete floors and roll-up doors for vehicles, equipment, storage, or workshop use.
The property includes additional site improvements noted in the remarks, including security fencing, and a cargo container along with a completed building foundation. An adjoining parcel is available by the same owner.
An approximately 860-square-foot detached garage is also included, with concrete floors and roll-up doors for vehicles, equipment, storage, or workshop use.
The property includes additional site improvements noted in the remarks, including security fencing, and a cargo container along with a completed building foundation. An adjoining parcel is available by the same owner.
Key Highlights
- Zoned for either commercial or residential use, offering live‑work flexibility for the buyer
- Main building totals 864 SF and includes 3 bedrooms or office spaces, plus 1 bathroom
- Property includes washer and dryer hookups, kitchen area, and a spacious living or reception area
Local Financial Insights For Mixed Use
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 | $22.5k | $26.04 |
| − Vacancy | −$1.1k | −$1.28 |
| EGI | $21.4k | $24.76 |
| − OpEx | −$8.0k | −$9.29 |
| NOI | $13.4k | $15.48 |
864 SF · lease $26.04/SF/yr · vacancy 4.90% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$191.0K
$167.2K – $222.9K
NOI $13,373 @ 7.0% cap · market cap 4.25%
Second Best
Office B
$167.6K
$146.7K – $195.6K
NOI $11,734 @ 7.0% cap · market cap 3.73%
Theoretical Best
Specialty Retail
$234.8K
$205.4K – $273.9K
NOI $16,435 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Versatile live-work property with a detached garage, commercial or residential zoning, and lake privileges rights included.
Where is this live-work space located?
The property is located at 8358 Silver Creek Drive Show Low, AZ.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Zoned for either commercial or residential use, offering live‑work flexibility for the buyer; Main building totals 864 SF and includes 3 bedrooms or office spaces, plus 1 bathroom; Property includes washer and dryer hookups, kitchen area, and a spacious living or reception area
