Retail Investment Opportunity in
For Sale
$1,200,000
909 N Main Street, Cottonwood, AZ 86326
Retail investment opportunity in historic Cottonwood with immediate income generation.
Property Size2,958 SF
Price / SF$405.68
Days on Market237
Property Features for 909 N Main Street
General Information
Standard status
Active
Size
2,958 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,326
Building Details
Building Size
2,958 SF
Year Built
1957
Buildings
1
Listing Agency:
da Vinci Realty
(928) 254-1770
Listed By:
Mark Belsanti · License #SA104226000
(928) 254-1770
Source:
Sunhaven-realestate
Added: Dec 30, 2025
Changed: Aug 23
Last Checked: Aug 21 at 11:35PM
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 da Vinci Realty
Investment Insights
Based on property information with market context.
Located at 909 N Main St in Cottonwood, AZ, this 2,958 SF building presents an opportunity for owner-operators or retail investors. Constructed in 1957, the property features three fully occupied units. Zoned for Light Commercial, the property is positioned within the historic Old Town Cottonwood retail landscape. The building is currently 100% occupied, providing immediate income.
Key Highlights
- Prime retail investment opportunity in Historic Old Town Cottonwood.
- 2,958 SF building with 3 fully occupied units.**
- 100% occupancy provides immediate income generation.
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
$51,276
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
4.27%
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%
$1,025,520
$1.0M
Cap Rate 7%
$732,514
$732.5K
Cap Rate 9%
$569,733
$569.7K
Market Conditions
NOI Build-Up for 2,958 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
$77.0K $26.04/SF
− Vacancy
−$3.8K −$1.28/SF
EGI
$73.3K $24.76/SF
− OpEx
−$22.0K −$7.43/SF
NOI
$51.3K $17.33/SF
Area
Yavapai County, AZ
Vacancy
4.90%
Lease Rate
$26.04 /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%
$1,025,520
Cap Rate 7%
$732,514
Cap Rate 9%
$569,733
Alternative Uses
Best Use
Retail
$732.5K
$641.0K – $854.6K
NOI $51,276 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$990.9K
$867.1K – $1.16M
NOI $69,365 @ 7.0% cap · market cap 5.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Explore this area
Business Placement
Demographics for 86326, AZ
24,465
Population
12,243
Households
2
Avg Household Size
49
Median Age
25%
College-Educated
91%
High-School Grad
45.5 sq mi
ZIP Area
538
Density / Sq Mi
$58,250
Median Household Income
$36,479
Median Earnings
$1,102
Median Rent
$312,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail investment opportunity in historic Cottonwood with immediate income generation.
Where is this retail space located?
The property is located at 909 N Main Street Cottonwood, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime retail investment opportunity in Historic Old Town Cottonwood.; 2,958 SF building with 3 fully occupied units.**; 100% occupancy provides immediate income generation.
