Property profile

1600 Butler Ave Flagstaff, AZ 86001

OFF-MARKET
Retail properties & Spaces
12.71 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Lot 12.71 ac (553,648 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1600 Butler Ave Flagstaff, AZ 86001
Flagstaff metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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