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Property profile & analytics
OFF-MARKET Estimated value $760,000
Office buildings

617 Humphreys St Flagstaff, AZ 86001-3063

2,618 SF 0.16 ac lot Built 1993
Entity Owned 6-yr Hold Free & Clear
Property ID
US07-1324507
Property summary
AI-generated overview

This exceptional 850-square-foot office suite is ideally situated in downtown Flagstaff, offering a prime location for businesses seeking a professional and convenient workspace. The property, located in a two-story building constructed in 1993, features a single-tenant occupancy, ensuring privacy and control. The layout includes two private offices, a spacious lobby/waiting area perfect for client interaction, and a large reception workstation, enhancing operational efficiency. Two dedicated parking spaces are included, providing ample convenience for staff and visitors. The monthly rent is $1800, with a security deposit of $2000 required. A minimum two-year lease term is preferred. Utilities are divided between tenant and landlord responsibilities: tenants are responsible for electricity, phone, and internet services, while the landlord covers water, sewer, and trash removal. Please note that this space is not suitable for hair, nail, or lash salons. The property's address is conveniently located near Columbus Street in Coconino County, and its APN is 10107013A. This is a fantastic opportunity to establish a presence in a vibrant downtown Flagstaff location. The building consists of one building with a total of two parking spaces.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1993
Construction STEEL FRAME
Total area 2,618 SF
Lot 0.16 ac (6,970 SF)
APN 101-07-013A
UPID US07-1324507
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • ABC Arizona Biofeedback Center Physician Medical Clinic
  • Sydeman Sumner J Physician Medical Clinic
  • Southwest Kidney Institute Medical Clinic
  • Clinical Trial Connection Medical Clinic
  • Richard Flick Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.03M
CAP Approach CAP
$595k
Comparable Approach Comparable
$468k
Blend (final) Blend
$760k
Owner & transaction history
Copper St Invs Prop LLC · 6 yrs held
Copper St Invs Prop LLC
since 2020
Last sale
$746,000
7 recorded transactions
2020
$746,000
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage $1.0M +23.0%
Commercial (general) $1.0M +22.1%
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