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    Property profile & analytics

    2103 Gulfstream Prescott, AZ 86301

    • Commercial real estate
    • 511,162 SF
    • 11.73 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-1498358
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2103 Gulfstream

    Lot size
    11.73 lot acres
    Property size
    511,162 SF
    Property type
    Commercial real estate

    Description

    This exceptional 11.73-acre industrial lot (511,162 square feet) in Prescott, Arizona's Prescott Regional Airpark and Commerce Center, presents a unique investment opportunity. Located at 2103 Gulfstream, Prescott, AZ 86301, this property boasts convenient access and is situated directly southeast of the Prescott Regional Airport (Earnest A. Love Field). Zoned IL, it offers significant potential for various industrial uses. Utilities including APS electric, Unisource natural gas, City of Prescott water, sewer, and refuse, Century Link telephone, and Cableone internet are readily available. While some grading may be required, the property's strategic location within a master-planned development offers significant advantages. Note that an APS easement is present on the site. The asking price is $1,292,220.50, translating to $2.53 per square foot. This lot can be combined with adjacent lots (3, 57, and 58) to create a larger 23.75-acre parcel. Join established businesses like Sturm Ruger and others in this thriving Prescott location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Prescott
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.41311
    Latitude
    34.6461767

    Comparable in this City

    • $524,827
      4.33 Acres

      Prescott Airpark Lot 40

      4.33-acre industrial lot, prime location
      2237 Cirrus Dr, Prescott, AZ 86301
      View Details
    • $473,000
      3.88 Acres

      Prescott Airpark Lot 53

      3.88-acre lot, ideal location
      6405 Lear Ln, Prescott, AZ 86301
      View Details
    • $1,072,500
      6.07 Acres

      Prescott Industrial Land - $1M+

      6.07-acre industrial lot, prime Prescott location.
      2100 Gulfstream, Prescott, AZ 86301
      View Details
    • $4,735,930

      Warehouse on 2.91ac Site

      10,060 SF warehouse on 2.91ac site, new construction opportunity.
      6400 Lear Ln, Prescott, AZ 86301
      View Details
    • $3,120,000
      Pending

      Prescott Commercial Investment Opportunity

      Leased commercial building with income and growth potential.
      420 Miller Valley Rd, Prescott, AZ 86301
      View Details
    • $130,000
      0.02 Acres

      Mini Warehouse for RV Storage

      713 SF mini warehouse with 24/7 security in Prescott, AZ.
      2899 Venture Dr, Prescott, AZ 86301
      View Details

    Similar Nearby for Sale

    • $524,827
      4.33 Acres

      Prescott Airpark Lot 40

      4.33-acre industrial lot, prime location
      2237 Cirrus Dr, Prescott, AZ 86301
      View Details
    • $473,000
      3.88 Acres

      Prescott Airpark Lot 53

      3.88-acre lot, ideal location
      6405 Lear Ln, Prescott, AZ 86301
      View Details
    • $1,072,500
      6.07 Acres

      Prescott Industrial Land - $1M+

      6.07-acre industrial lot, prime Prescott location.
      2100 Gulfstream, Prescott, AZ 86301
      View Details
    • $4,735,930

      Warehouse on 2.91ac Site

      10,060 SF warehouse on 2.91ac site, new construction opportunity.
      6400 Lear Ln, Prescott, AZ 86301
      View Details
    • $3,120,000
      Pending

      Prescott Commercial Investment Opportunity

      Leased commercial building with income and growth potential.
      420 Miller Valley Rd, Prescott, AZ 86301
      View Details
    • $130,000
      0.02 Acres

      Mini Warehouse for RV Storage

      713 SF mini warehouse with 24/7 security in Prescott, AZ.
      2899 Venture Dr, Prescott, AZ 86301
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      Pending

      Versatile Industrial Space in Prescott

      14,400 SF industrial building for lease or sale.
      2232 Cirrus Dr, Prescott, AZ 86301
      View Details
    • $12 SF/Yr
      261,360 SF

      Industrial Space in Prescott Available

      81,600 SF industrial space for lease in Prescott, Arizona.
      2222 Cirrus Unit 103 Dr, Prescott, AZ 86301
      View Details
    • $12 SF/Yr
      261,360 SF

      Industrial Space in Prescott Available

      81,600 SF industrial space for lease in Prescott, Arizona.
      2222 Cirrus Unit 102 Dr, Prescott, AZ 86301
      View Details
    • $11 SF/Yr
      108,900 SF

      Commercial Suite in Prescott, Arizona

      Commercial suite with modern amenities near courthouse square.
      430 N Mount Vernon Ave, Prescott, AZ 86301
      View Details
    • $13 SF/Yr
      Pending

      Versatile Commercial Space Near Downtown

      Adaptable commercial space suitable for retail, office, or service businesses.
      540 6Th St, Prescott, AZ 86301
      View Details
    • New
      $1,600 /Mo
      14,810 SF

      Industrial Unit in Prescott, Arizona

      1,440 SF industrial unit for lease in Prescott, AZ.
      418 N Washington Unit Ave E, Prescott, AZ 86301
      View Details
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    2103 Gulfstream
    Prescott, AZ 86301
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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