1600 Butler Ave, Flagstaff, AZ 86001
This exceptional 12.71-acre property, identified as Butler Commons, presents a unique mixed-use development opportunity in Flagstaff, Arizona. Located at 1600 E Butler Ave, Flagstaff, AZ 86001 (APN: 104-070-01C & 104-070-05M), this site boasts a highly desirable location with convenient access to major transportation arteries. The property benefits from frontage along Historic Route 66 and a full diamond interchange at the intersection of Butler Avenue and I-40, ensuring excellent visibility and accessibility. Butler Avenue itself is a strong commercial corridor, providing further advantages for potential development. The property is currently vacant and zoned for Light Industrial use, offering flexibility for a variety of commercial, industrial, and potentially retail uses. A significant advantage is the presence of a strong credit, national anchor tenant currently occupying a portion of the site, presenting an opportunity for immediate income generation. This high barrier-to-entry submarket makes this a compelling investment opportunity for developers seeking a prime location with diverse development potential. The property's size and strategic location make it ideal for a range of projects, capitalizing on Flagstaff's growing economy and robust commercial landscape. Contact us today to discuss pricing and explore the possibilities.
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
Similar Nearby for Lease
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.