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2234 Cedar Ave Flagstaff, AZ 86004-1922

OFF-MARKET Commercial real estate Google Maps
800 SF 0.18 ac lot Built 1961
Entity Owned 2-yr Hold ~ Est. High Equity
Estimated value (blended)
$385k
Range $347k – $424k (±10%)
Property ID US07-0693614

Property summary

AI-generated overview

This exceptional 800-square-foot commercial property at 2234 E Cedar Ave, Flagstaff, AZ 86004, offers a unique leasing opportunity. The building, constructed in 1961 and extensively renovated in 2024, features a blend of executive, creative, and traditional office spaces within a multi-tenant setting. Currently, 400 square feet of versatile space is available for lease. The property boasts a convenient location in the East Flagstaff (Cedar Ave) submarket, near the intersection of E Cedar Ave and 4th St, ensuring high visibility and accessibility. The 7,913-square-foot lot provides ample space, including two on-site parking spaces. The interior features modern mini-split power and a brand-new buildout. The property is zoned CC and has an APN of 10907001C. This Class B building presents a rare chance to secure a well-maintained, updated office space in a thriving Flagstaff location. The available space is ideal for businesses seeking a modern, functional, and conveniently located office environment. Don't miss this opportunity to establish your business in this vibrant area.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1961
Construction CONCRETE
Total area 800 SF
Lot 0.18 ac (7,884 SF)
APN 109-07-001C
UPID US07-0693614

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2024
Last sale
$375,000
2 recorded transactions
2024
$375,000
2011
Price N/A

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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