617 Humphreys St Flagstaff, AZ 86001
- Office buildings
- 2,618 SF
- 0.16 lot acres
Current Use by Public Records
- ABC Arizona Biofeedback Center / Psychologist
- Sydeman Sumner J / Psychologist
- Southwest Kidney Institute / Medical Clinic / Nephrologist
- Clinical Trial Connection / Medical Clinic
- Richard Flick / Nephrologist
Property Details for 617 Humphreys St
- Year built
- 1993
- Construction
- STEEL FRAME
- Lot size
- 0.16 lot acres
- Property size
- 2,618 SF
- Property type
- Office buildings
- APN
- 101-07-013A
- APU
- 10107013A
Description
This exceptional 850-square-foot office suite is ideally situated in downtown Flagstaff, offering a prime location for businesses seeking a professional and convenient workspace. The property, located in a two-story building constructed in 1993, features a single-tenant occupancy, ensuring privacy and control. The layout includes two private offices, a spacious lobby/waiting area perfect for client interaction, and a large reception workstation, enhancing operational efficiency. Two dedicated parking spaces are included, providing ample convenience for staff and visitors. The monthly rent is $1800, with a security deposit of $2000 required. A minimum two-year lease term is preferred. Utilities are divided between tenant and landlord responsibilities: tenants are responsible for electricity, phone, and internet services, while the landlord covers water, sewer, and trash removal. Please note that this space is not suitable for hair, nail, or lash salons. The property's address is conveniently located near Columbus Street in Coconino County, and its APN is 10107013A. This is a fantastic opportunity to establish a presence in a vibrant downtown Flagstaff location. The building consists of one building with a total of two parking spaces.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $985,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $735,000
- 6.5%
- $755,000
- 7%
- $770,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $685,000
- Geo Method
- $785,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $720,000
- Retail
- $705,000
- Mixed-Use
- $810,000
- Hospitality
- $770,000
- Educational
- $890,000
- Residential Income
- $840,000
- Energy
- $840,000
- Income-Based Land
- $830,000
- Food Service
- $815,000
Location Insight
- Map
- Local Demand
- City
- Flagstaff
- County
- Coconino
- State
- Arizona
- Longitude
- -111.649
- Latitude
- 35.2044
- CBSA code
- 22380
- CBSA name
- FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA