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    1051 Milton Rd Flagstaff, AZ 86001

    For Sale
    $4,500,000

    7,000 SF Retail Space, $4.5M

    Property size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 7,000-square-foot retail property, located at 1051 S Milton Rd in Flagstaff, Arizona (APN 103-03-003), presents a compelling investment opportunity. Situated on a 24,394-square-foot lot, this single-story building boasts a prime location at a high-traffic intersection of Milton Road and Riordan Road. Built in 1978, the property is zoned Highway Commercial (HC), the most desirable commercial zoning designation along Milton Road. The asking price is $4,500,000, translating to $642.86 per square foot. Its strategic location is surrounded by established businesses, creating a robust market for various commercial ventures. Potential uses include food service (both sit-down and fast food), retail, hotel, student housing, multi-family housing, shopping centers, and various small industrial users. This property offers significant potential for growth and return on investment due to its high visibility and location within a thriving commercial area of Flagstaff. The property's size and zoning provide flexibility for a wide range of commercial development opportunities. This is a rare opportunity to acquire a well-positioned retail space in a desirable Arizona market.

    Property Features for 1051 Milton Rd

    General Information

    Property type
    Retail properties
    Square Feet
    7,000 SF

    Building Details

    Year Built
    1978
    Stories
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Los Gordos Mexican ... Mexican Restaurant Little Thai Kitchen Thai Restaurant Crystal Creek Sandwich ... Sandwich Shop Dulcería y Raspados ... Candy Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Flagstaff
    County
    Coconino
    State
    Arizona
    Longitude
    -111.6617407
    Latitude
    35.1904135

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    FAQs

    What type of property is this?
    Retail property - 7,000 SF Retail Space, $4.5M
    Where is this retail property located?
    The property is located at 1051 Milton Rd Flagstaff, AZ.
    What is the asking price?
    The asking price for this property is $4,500,000.
    (928) 440-5450
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    1051 Milton Rd Flagstaff, AZ 86001
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    Flagstaff, AZ 86001
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    1051 Milton Rd Flagstaff, AZ 86001
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