Medical Office Units with Flexible
F3-1785 W State Route 89a, Sedona, AZ 86336
For Sale
New
$700,000
Two adjoining suites can be acquired individually or as a combined commercial space.
Property Size1,683 SF
Price / SF$415.92
Days on Market5
Property Features for F3-1785 W State Route 89a
General Information
Standard status
Size
Zoning
Additional Details
Asking Price
Road Access
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Listing Agency:
RE/MAX Sedona
(928) 282-4166
Listed By:
Taylor Coleman- Underwood · License #SA682595000
(307) 840-0669
Source:
Exprealty
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 6 at 11:14AM
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 RE/MAX Sedona
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Investment Insights
Based on property information with market context.
Two adjoining medical office units offer a combined 1,683 square feet, with the option to acquire them together or separately. The property has C-1 zoning and a history of medical office use. Unit 3G contains 923 square feet and has been remodeled, with a reception area, private office, full kitchen, and ¾ bathroom. Unit 3H provides 760 square feet in an existing office configuration and is in good overall condition.
Located on State Route 89A in West Sedona, the property has direct access to the corridor. The two suites offer separate or combined ownership options within the same commercial property.
Located on State Route 89A in West Sedona, the property has direct access to the corridor. The two suites offer separate or combined ownership options within the same commercial property.
Key Highlights
- 1,683 square feet across two adjoining medical office units
- Unit 3G: 923 SF with reception, private office, full kitchen, and ¾ bathroom
- Unit 3H: 760 SF in office configuration and good overall condition
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,214
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,280
$464.3K
Cap Rate 7%
$331,629
$331.6K
Cap Rate 9%
$257,933
$257.9K
Market Conditions
NOI Build-Up for 1,683 SF
Gross rent
$39.2K $23.28/SF
− Vacancy
−$8.2K −$4.89/SF
EGI
$31.0K $18.39/SF
− OpEx
−$7.7K −$4.60/SF
NOI
$23.2K $13.79/SF
Area
Coconino County, AZ
Vacancy
21.00%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,280
Cap Rate 7%
$331,629
Cap Rate 9%
$257,933
Alternative Uses
Best Use
Office B
$331.6K
$290.2K – $386.9K
NOI $23,214 @ 7.0% cap · market cap 3.32%
Second Best
Healthcare Medical
$291.3K
$254.9K – $339.9K
NOI $20,394 @ 7.0% cap · market cap 2.91%
Theoretical Best
Office A
$465.3K
$407.1K – $542.8K
NOI $32,570 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
976
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 86336, AZ
11,125
Population
8,066
Households
1.4
Avg Household Size
62
Median Age
51%
College-Educated
95%
High-School Grad
203.7 sq mi
ZIP Area
55
Density / Sq Mi
$65,000
Median Household Income
$34,981
Median Earnings
$1,456
Median Rent
$705,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two adjoining suites can be acquired individually or as a combined commercial space.
Where is this medical office space located?
The property is located at F3-1785 W State Route 89a Sedona, AZ.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 1,683 square feet across two adjoining medical office units; Unit 3G: 923 SF with reception, private office, full kitchen, and ¾ bathroom; Unit 3H: 760 SF in office configuration and good overall condition
