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Retail Space with Business Included
For Sale
$499,000

Evergreen Ln, Pinetop, AZ 85935

Commercial Building +Business, Pinetop/Lakeside, AZ

Property Size2,500 SF
Lot Size0.03 Acres
Price / SF$199.60
Days on Market583

Property Features for Evergreen Ln

General Information

Property type Residential
Property subtype Retail
Zoning Business, Commercial
Interior features Wood Burning Stove
Subdivision Unsubdivided
Lot features Corner Lot, Fenced- Partial, Road Type- Paved
Directions HWY 61 east of Show Low, AZ to Concho AZ 101 Evergreen Ln Concho, AZ
Standard status Active
APN 201-42-247B
Size 2,500 SF
Lot size 0.03 Acres

Building Details

Year built 2006
Roof type Shingle
Listing Agency: Cooke Land & Cattle Company
Listed By: Troy Cooke · License #BR550478000
Added: Mar 2, 2025 Changed: Sep 2 Last Checked: Oct 6 at 1:06PM
MLS# 1721197

Copyright © 2026 Gila Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,500-square-foot retail property includes both the real estate and an operating feed-store business. The premises support sales of hay, feed, tack, and propane, with stainless steel equipment, a squeeze, forklift, and other miscellaneous equipment included. A wood-burning stove is also present, and the space includes room for a possible breakfast and lunch operation.

Built in 2006, the property occupies 0.03 acres in Pinetop/Lakeside, Arizona. Zoning is identified as Business, Commercial. The sale includes inventory along with the business and real property, providing a combined retail and operating-business offering.

Key Highlights

  • 2,500‑square‑foot retail property with business and real property included
  • Feed, hay, tack, and propane sales operation
  • Squeeze, forklift, stainless steel equipment, and other miscellaneous equipment included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,337
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$866,740 $866.7K
Cap Rate 7%
$619,100 $619.1K
Cap Rate 9%
$481,522 $481.5K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$65.1K $26.04/SF
− Vacancy
−$3.2K −$1.28/SF
EGI
$61.9K $24.76/SF
− OpEx
−$18.6K −$7.43/SF
NOI
$43.3K $17.33/SF
Area
Navajo 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 Rate 5%
$866,740
Cap Rate 7%
$619,100
Cap Rate 9%
$481,522

Alternative Uses

Best Use
Retail
$619.1K
$541.7K – $722.3K (±1% cap)
NOI $43,337 @ 7.0% cap · market cap 8.68%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$679.4K
$594.5K – $792.6K (±1% cap)
NOI $47,556 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

25
Businesses Nearby

Demographics for 85935, AZ

3,945
Population
5,596
Households
0.7
Avg Household Size
53
Median Age
46%
College-Educated
98%
High-School Grad
45.2 sq mi
ZIP Area
87
Density / Sq Mi
$64,934
Median Household Income
$31,824
Median Earnings
$905
Median Rent
$381,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Retail property includes an established feed-store operation, commercial equipment, and a wood-burning stove.
Where is this retail space located?
The property is located at Evergreen Ln Pinetop, AZ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 2,500‑square‑foot retail property with business and real property included; Feed, hay, tack, and propane sales operation; Squeeze, forklift, stainless steel equipment, and other miscellaneous equipment included
More about this property
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