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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    500 Willard St Cottonwood, AZ 86326-8110

    • Industrial properties
    • 4,466 SF
    • 2.00 lot acres
    OFF-MARKET
    Last Sale
    May 25, 2022
    $1,700,000
    Value Estimations
    $1,430,000
    Show details
    Cap Rate Potential
    4.4%
    Industrial properties
    Location Intelligence
    Property ID
    US07-0475500
    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

    • Industrial properties

    Property Details for 500 Willard St

    Year built
    2001
    Construction
    STEEL FRAME
    Lot size
    2.00 lot acres
    Property size
    4,466 SF
    Property type
    Industrial properties
    Property subtype
    Industrial live-work properties
    APN
    406-08-024R
    APU
    40608024R

    Description

    This exceptional 11,252-square-foot industrial property in Cottonwood, Arizona, presents a unique investment opportunity. Located at 500 S Willard St, 86326, this single-tenant warehouse boasts a spacious layout ideal for various businesses. The property features a substantial 5,000-square-foot warehouse area, complemented by a 1,500-square-foot mezzanine level offering additional storage or office space. A significant 4,500-square-foot office area provides ample room for administrative functions, including a kitchen and break room. Further enhancing its utility is a separate 1,786-square-foot detached storage building, providing even more capacity. Convenient access is ensured by two 12' x 14' roll-up doors at grade level. The property also includes a generously sized bull-pen area and ample parking, both covered and uncovered. A fully fenced perimeter ensures security, and the property benefits from substantial outside storage space. This versatile property is situated in Yavapai County and offers a compelling combination of warehouse, office, and storage space, making it an attractive option for a wide range of businesses.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,385,000
      ML approach
      $1,415,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,005,000
      6.5%
      $930,000
      7%
      $860,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,446,000
      Market price range: $437k - $1.45M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $970,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Cottonwood
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.03
    Latitude
    34.7306
    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
    $13,386
    $46,649
    $304,434
    $351,083
    -
    $259,159
    $1,691,298
    $1,950,457

    Comparable in this City

    • Value Estimation by Request
      2,700 SF

      501 7th St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,700 SF
      501 7th St, Cottonwood, AZ 86326-8204
      View Details
    • Value Estimation by Request
      2,001 SF

      2649 Vlg Dr

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,001 SF
      2649 Vlg Dr, Cottonwood, AZ 86326-5875
      View Details
    • Value Estimation by Request
      2,194 SF

      295 Willard St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 2,194 SF
      295 Willard St, Cottonwood, AZ 86326-3695
      View Details
    • Value Estimation by Request
      4,525 SF

      403 6th St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 4,525 SF
      403 6th St, Cottonwood, AZ 86326-4245
      View Details
    • Value Estimation by Request
      3,178 SF

      357 6th St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 3,178 SF
      357 6th St, Cottonwood, AZ 86326-4243
      View Details
    • Value Estimation
      $585,000
      4,000 SF

      310 6th St

      MIXED USE (COMMERCIAL/INDUSTRIAL) • 4,000 SF
      310 6th St, Cottonwood, AZ 86326-4242
      View Details

    Similar Nearby for Sale

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      Cottonwood Industrial Warehouse

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      Cottonwood Industrial Property - AZ

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      Cottonwood Industrial Lots Ready to Build

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    • $149,500
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      Cottonwood Industrial Lots Ready to Build

      Prime industrial lots with utilities on site and flexible zoning.
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    • $5,700,000
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      Cottonwood Industrial Property - 10 Acres

      Massive industrial building, 10 acres, ideal for heavy industry.
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    • $399,000
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      Commercial Property in Cottonwood, AZ

      Commercial property in Cottonwood, AZ, with stable cash flow.
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    Similar Nearby for Lease

    • $1,124 /Mo
      899 SF

      Cottonwood Flex Space For Rent

      Flex space with warehouse and office in Cottonwood, Arizona.
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    • $14 SF/Yr
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      Cottonwood Medical Office Building

      Prime Medical Office, 2,000 sq ft
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    • Contact for pricing
      1,500 SF

      Retail Space in Cottonwood, AZ

      Retail space available for lease in Cottonwood, Arizona.
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    • $14 SF/Yr
      2,000 SF

      Cottonwood Medical Office Building

      Prime Medical Office Space, Cottonwood
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    • $1,595 /Mo

      Residential Lease in Cottonwood, Arizona

      Residential lease available in Cottonwood, Arizona.
      1765 Manzanita Dr, Cottonwood, AZ 86326
      View Details
    • $1,785 /Mo
      893 SF

      Cottonwood Office Space For Rent

      Office space available for lease in Cottonwood, Arizona.
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      View Details
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    500 Willard St
    Cottonwood, AZ 86326-8110
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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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