Downtown Eloy Mixed-Use
409-413 N Main St Eloy, AZ 85131
409-413 N Main St, Eloy, AZ, 85131
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For Sale
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Mixed-use property in Downtown Eloy, Arizona, suitable for owner-user.
Property Size7,226 SF
Price / SF$89.95
Days on Market669
Property Features for 409-413 N Main St
General Information
- Standard status
- Active
- Size
- 7,226 SF
- Property subtype
- Retail, Office, Industrial
Listing Agency
Commercial Properties Inc Tempe
(602) 561-2946
Listed by
Toby Campbell · License #AZ SA537130000
Source
Crexi
Added: Sep 18, 2024 Checked: Jul 17 at 10:28 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 Commercial Properties Inc Tempe
Investment Insights
Based on property information with market context.
This mixed-use property in Downtown Eloy, Arizona, offers a versatile space suitable for office, retail, or flex use. The property features 3-phase power, presenting an opportunity for an owner-user. The building has a total area of 7,226 square feet.
Key Highlights
- Owner/user opportunity awaits in downtown Eloy, AZ.
- Prime downtown Eloy, AZ location.
- Versatile office/retail/flex property type.
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 | $93.6k | $12.96 |
| − Vacancy | −$11.0k | −$1.52 |
| EGI | $82.7k | $11.44 |
| − OpEx | −$31.0k | −$4.29 |
| NOI | $51.7k | $7.15 |
7,226 SF · lease $12.96/SF/yr · vacancy 11.70% · expense 37.50%
Alternative Uses
Best Use
Office B
$1.42M
$1.25M – $1.66M
NOI $99,671 @ 7.0% cap · market cap 15.33%
Second Best
Retail
$1.01M
$886.8K – $1.18M
NOI $70,941 @ 7.0% cap · market cap 10.91%
Theoretical Best
Office A
$2.00M
$1.75M – $2.33M
NOI $139,839 @ 7.0% cap · market cap 21.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use property in Downtown Eloy, Arizona, suitable for owner-user.
Where is this mixed-use property located?
The property is located at 409-413 N Main St Eloy, AZ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Owner/user opportunity awaits in downtown Eloy, AZ.; Prime downtown Eloy, AZ location.; Versatile office/retail/flex property type.
