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    Live-Work Office and Workshop Title is generated by Realmo AI

    897 S 5 AVE, Yuma, AZ 85364

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    For Sale
    $285,000

    COMMERCIAL - Yuma, AZ

    Property size:
    1,608 SF
    Lot size:
    1,526.68 Acres
    Price / SF:
    $177/SF
    Added:
    Apr 21, 2026
    Days on Market:
    44
    Last Refresh:
    Jun 3 at 6:06 pm

    Property Features for 897 S 5 AVE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1,526.68 Acres

    Taxes and HOA fees

    Tax Description
    Yuma Heights Amend Block 1 Lot 11

    Building Details

    Building materials
    Stucco

    We can help!

    Listing Contact
    Christine McConnaughay
    Christine McConnaughay

    Listing agent Christine McConnaughay License #BR036090000

    Listing office Realty Executives McConnaughay 331 Madison Ave, Yuma, AZ

    Listing date Apr 21, 2026

    MLS# 20261801

    Copyright © 2026 Yuma Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Mixed‑use zoning: commercial and residential
    • Front building is 996 SF with 2 bedrooms, full hall bath, kitchen/dining, enclosed porch used as 3rd office, and enclosed porch office space
    • Second building is 612 SF and is used as a workshop; breezway connects the two buildings
    • 2nd building includes a 3/4 bathroom open to exterior
    • Front building roof replaced in 2021; HVAC installed in 2015
    • On‑site amenities include block chemical storage, Mexican brick fence, 3 gates (2020), window shades (2020), bathroom remodel, and 2 new fans

    Overview

    This property consists of two connected buildings with a practical live-work layout. The front building contains a living room, full hall bathroom, and two bedrooms, with the second bedroom opening to the living area and used as an office. The kitchen/dining area includes an enclosed porch that serves as a third office. A breezeway connects to the second building, which includes a 3/4 bathroom open to the exterior and is currently used as a workshop.

    Zoned for commercial and residential use, the site is located at 897 S 5 Ave in Yuma, AZ. Additional on-site features include block chemical storage and a Mexican brick fence, along with multiple gated openings. The front building roof was replaced in 2021. Other noted improvements include HVAC installed in 2015, three gates installed in 2020, window shades installed in 2020, a bathroom remodel, and two new fans.

    The configuration is well suited for buyers or operators seeking a combined office and workspace environment, with multiple enclosed rooms already set up for office use in the front building and a dedicated workshop building behind. It may also fit an end user looking for a property with basic mechanical and interior updates listed among the recent improvements.

    Local Financial Insights For Office B

    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 $42.5k $26.40
    − Vacancy −$9.6k −$5.97
    EGI $32.9k $20.43
    − OpEx −$8.2k −$5.11
    NOI $24.6k $15.33
    1,608 SF · lease $26.40/SF/yr · vacancy 22.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $352.0K
    $308.0K – $410.7K (±1% cap)
    NOI $24,643 @ 7.0% cap · market cap 8.65%
    Second Best
    Industrial
    $103.4K
    $90.5K – $120.7K (±1% cap)
    NOI $7,239 @ 7.0% cap · market cap 2.54%
    Theoretical Best
    Specialty Retail
    $825.9K
    $722.7K – $963.6K (±1% cap)
    NOI $57,814 @ 7.0% cap · market cap 20.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Penny Pest Control Garden Center

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Yuma
    County
    Yuma
    State
    Arizona
    Longitude
    -114.6255096
    Latitude
    32.7113466

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    FAQs

    What type of property is this?
    Flex space - Two connected buildings offer office-ready rooms and a workshop setup, with commercial-residential zoning in Yuma, AZ.
    Where is this flex space located?
    The property is located at 897 S 5 AVE Yuma, AZ.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: Mixed‑use zoning: commercial and residential; Front building is 996 SF with 2 bedrooms, full hall bath, kitchen/dining, enclosed porch used as 3rd office, and enclosed porch office space; Second building is 612 SF and is used as a workshop; breezway connects the two buildings
    (928) 580-3947
    We can help!
    Listing Contact
    Christine McConnaughay
    Christine McConnaughay
    Real Estate License ID: BR036090000
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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