Search
Automotive Service Building with Lifts
For Sale
$599,999

H7-2700 N Lake Valley Rd, Prescott Valley, AZ 86314

Automotive facility with service bays, vehicle lifts, office space, restroom, and a shop layout supporting light industrial operations.

Property Size2,154 SF
Price / SF$278.55
Days on Market21

Property Features for H7-2700 N Lake Valley Rd

General Information

Standard status Active
Size 2,154 SF

Taxes and HOA fees

Annual Taxes $970

Building Details

Buildings 1
Listing Agency: My Home Group Real Estate
Listed By: Joshua Herrin
Source: Exprealty
Added: Aug 1 Changed: Aug 19 Last Checked: Aug 20 at 9:24AM

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 My Home Group Real Estate

Investment Insights

Based on property information with market context.

This 2,154 SF automotive service building is arranged for hands-on vehicle work, with multiple service bays, installed vehicle lifts, an office and reception area, restroom, and functional shop space. The lifts and permanently attached fixtures convey with the sale, while tools, inventory, diagnostic equipment, machinery that is not permanently attached, and personal property are excluded unless separately agreed in writing.

The offering includes three combined parcels identified as H-5, H-6, and H-7. The property is located at H7-2700 N Lake Valley Rd in Prescott Valley, Arizona. Automotive and light industrial use is supported by the existing configuration; buyers should independently verify zoning and permitted uses.

Key Highlights

  • 2,154 SF automotive service building
  • Multiple service bays with installed vehicle lifts
  • Office and reception area plus restroom

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
$41,597
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
6.93%
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%
$831,940 $831.9K
Cap Rate 7%
$594,243 $594.2K
Cap Rate 9%
$462,189 $462.2K
Market Conditions
NOI Build-Up for 2,154 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
$62.6K $29.04/SF
− Vacancy
−$3.1K −$1.45/SF
EGI
$59.4K $27.59/SF
− OpEx
−$17.8K −$8.28/SF
NOI
$41.6K $19.31/SF
Area
Yavapai County, AZ
Vacancy
5.00%
Lease Rate
$29.04 /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%
$831,940
Cap Rate 7%
$594,243
Cap Rate 9%
$462,189

Alternative Uses

Best Use
Industrial
$594.2K
$520.0K – $693.3K (±1% cap)
NOI $41,597 @ 7.0% cap · market cap 6.93%
Second Best
Retail
$533.4K
$466.7K – $622.3K (±1% cap)
NOI $37,339 @ 7.0% cap · market cap 6.22%
Theoretical Best
Warehouse
$721.6K
$631.4K – $841.9K (±1% cap)
NOI $50,511 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Auto shops

Suggested Use

Top Pick Electrical Service HVAC Service Locksmith Garden Center (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,082
Businesses Nearby
Well-served
Demand for This Use

Demographics for 86314, AZ

39,461
Population
16,806
Households
2.3
Avg Household Size
44
Median Age
23%
College-Educated
89%
High-School Grad
26.6 sq mi
ZIP Area
1,483
Density / Sq Mi
$67,263
Median Household Income
$37,829
Median Earnings
$1,432
Median Rent
$363,700
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Blind Brothers 6901 E 1st St c, Prescott Valley, AZ 86314
  • Mile High Offroad 6851 E 1st St, Prescott Valley, AZ 86314
  • Pep Boys 6801 E 1st St, Prescott Valley, AZ 86314
  • Amberlyn Customs 7235 E 2nd St d, Prescott Valley, AZ 86314
  • AAMCO Transmissions & Total Car Care 6871 e 1st st, prescott valley, az 86314

Frequently Asked Questions

What type of property is this?
Auto shop - Automotive facility with service bays, vehicle lifts, office space, restroom, and a shop layout supporting light industrial operations.
Where is this auto shop located?
The property is located at H7-2700 N Lake Valley Rd Prescott Valley, AZ.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 2,154 SF automotive service building; Multiple service bays with installed vehicle lifts; Office and reception area plus restroom
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message