5700 E Old Walnut Canyon Rd Flagstaff, AZ 86004
For Sale
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This exceptional Flagstaff commercial property presents a compelling investment opportunity. The 9,600 square foot warehouse sits on a 1.77-acre lot and boasts a diversified income stream from two tenants. Wyndham Vacation Resorts occupies half the warehouse under a secure 30-year triple net lease, guaranteeing consistent revenue. The remaining half is leased to Katlon Inc. under a three-year modified gross lease, offering flexibility for future growth. Adding significant value is the fully leased 143-space RV and boat storage facility situated on 1.66 acres, currently operating with a waiting list. The combined warehouse and storage spaces yield an attractive 6.08 percent cap rate. The sale includes valuable equipment: a 1998 Chevy truck with snow plow (valued at $15,000), a 2021 John Deere tractor (valued at $61,000), and a 1994 Arctic Cat (valued at $750). These assets enhance operational efficiency and contribute to the overall property value. Note that 3.78 acres of adjacent land are available for purchase separately for $475,000. This property offers a rare combination of stable income, high occupancy, and valuable equipment, making it an ideal investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.