4860 Ken Morey Dr Bellemont, AZ 86015
This exceptional investment opportunity presents two warehouse buildings totaling 17,700 square feet situated on a 1.43-acre lot in Bellemont, Arizona. The property, located at 4860 Ken Morey Dr, 86015, features two separate buildings: Building A, constructed in 1995, encompasses 10,140 square feet, while Building B, built in 2007, offers 7,560 square feet. Both buildings boast a 24-foot ceiling height and are currently 100% occupied by two tenants under NNN leases, generating a substantial net operating income (NOI) of $205,928. The property is zoned M-1 and includes seven dock-high doors and ample parking for 30 vehicles. The asking price is $3,250,000, representing a compelling price per square foot of $183.62 and a 6.34% cap rate. The leases expire on December 31, 2023. This is a fee-simple ownership opportunity with significant potential for future returns. The property's strong occupancy and attractive financial metrics make it an ideal addition to any commercial real estate portfolio. This two-story complex offers a rare combination of size, location, and income potential in the thriving Bellemont market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.