Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2611 State Rte 89a Sedona, AZ 86336-5246
    Back to Search
    Property profile & analytics

    2611 State Rte 89a Sedona, AZ 86336-5246

    View on Map
    • Turn key restaurants
    • 2,869 SF
    • 1.00 lot acres
    Off-Market
    Property ID
    US07-0752648
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Thai Spices Natural Restaurant / Restaurant

    Property Details for 2611 State Rte 89a

    Year built
    1985
    Construction
    CONCRETE
    Lot size
    1.00 lot acres
    Property size
    2,869 SF
    Property type
    Turn key restaurants
    APN
    408-24-016A
    APU
    40824016A

    Description

    This exceptional Sedona commercial property presents a significant development opportunity. Boasting approximately 1.7 acres of land, the offering includes two parcels: 2611 W SR 89A and 2635 W SR 89A, totaling 2,870 square feet of building space. The property enjoys prominent visibility with roughly 250 feet of frontage along the highly trafficked Highway 89A, enhanced by three convenient curb cuts. The existing building is currently occupied, and the business is not included in the sale

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Sedona
    County
    Yavapai
    State
    Arizona
    Longitude
    -111.806
    Latitude
    34.8621
    CBSA code
    39150
    CBSA name
    PRESCOTT VALLEY-PRESCOTT, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $13,002
    $174,685
    $74,269
    $248,954
    -
    $970,470
    $412,606
    $1,383,076

    Comparable in this City

    • Value Estimation
      $2,175,000
      7,434 SF

      3235 State Rte 89a

      RESTAURANT • 7,434 SF
      3235 State Rte 89a, Sedona, AZ 86336-4917
      View Details
    • Value Estimation by Request
      3,307 SF

      1855 State Rte 89a

      RESTAURANT • 3,307 SF
      1855 State Rte 89a, Sedona, AZ 86336-5557
      View Details
    • Value Estimation
      $590,000
      5,612 SF

      25 Schnebly Hl Rd

      RESTAURANT • 5,612 SF
      25 Schnebly Hl Rd, Sedona, AZ 86336-4233
      View Details
    • Value Estimation
      $2,635,000
      5,814 SF

      1405 State Rte 89a

      RESTAURANT • 5,814 SF
      1405 State Rte 89a, Sedona, AZ 86336-5753
      View Details
    • Value Estimation by Request
      2,187 SF

      1439 State Rte 89a

      RESTAURANT • 2,187 SF
      1439 State Rte 89a, Sedona, AZ 86336-5753
      View Details
    • Value Estimation by Request
      2,012 SF

      1600 State Rte 89a

      RESTAURANT • 2,012 SF
      1600 State Rte 89a, Sedona, AZ 86336-5601
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,583 SF

      Sedona Adventure Resort Opportunity

      Premier adventure resort with hotel, cafe, tour company, and venue.
      9440 N State Route 89A, Sedona, AZ 86336
      View Details
    • $259,000
      847 SF

      Commercial Suite in Plaza West

      Ground-floor commercial suite in Sedona's primary commercial corridor.
      2155 State Route 89A, Sedona, AZ 86336
      View Details
    • Contact for pricing
      12,514 SF

      Prime Commercial Property in Sedona

      Commercial property in West Sedona with income and growth potential.
      2655-2679 W State Route 89A, Sedona, AZ 86336
      View Details
    • Contact for pricing
      2,916 SF

      Apple Orchard with Commercial Potential

      2.32-acre property with home, orchard, and commercial building.
      1100 Az-179, Sedona, AZ 86336
      View Details
    • $3,999,000
      283,725 SF

      West Sedona Land with Views

      6.5 acres of land with Red Rock views.
      165 Golden Eagle Dr, Sedona, AZ 86336
      View Details
    • $250,000
      1.74 Acres

      Sedona Land with Cathedral Views

      1.74 acres in Sedona with panoramic Cathedral Rock views.
      Chavez Ranch Rd, Sedona, AZ 86336
      View Details

    Similar Nearby for Lease

    • $30 SF/Yr

      Retail Space in Sedona Location

      Retail space available in premier Sedona location on SR 179.
      671 Az-179, Sedona, AZ 86336
      View Details
    • Contact for pricing
      684 SF

      Retail Space in Sedona, Arizona

      Retail space available for lease in Sedona, Arizona.
      2740 W State Route 89A, Sedona, AZ 86336
      View Details
    • Contact for pricing
      684 SF

      Sedona Retail Space Available

      Retail property available for lease in Sedona, Arizona.
      2756-2782 W State Rte, Sedona, AZ 86336
      View Details
    • Contact for pricing
      420 SF

      Sedona Office Space Available

      Office space for rent in Sedona, Arizona, 420 square feet.
      1485 W State Route 89A, Sedona, AZ 86336
      View Details
    • Contact for pricing

      Office Suites in Sedona Business Park

      Office suites available for lease in West Sedona business park.
      210 Sunset Dr, Sedona, AZ 86336
      View Details
    • Contact for pricing
      2,052 SF

      Sedona Office Space Available

      Office space available for lease in Sedona, Arizona.
      2030 W State Route 89A, Sedona, AZ 86336
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2611 State Rte 89a
    Sedona, AZ 86336-5246
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2611 State Rte 89a, Sedona, AZ, 86336
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!