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Property profile & analytics
OFF-MARKET
Warehouses

4860 Ken Morey Dr Bellemont, AZ 86015

17,700 SF 1.43 ac lot Built 1995
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Year built 1995
Total area 17,700 SF
Lot 1.43 ac (62,291 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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