1647 S PLAZA Way, Flagstaff, AZ 86001

$5,200,000
Property Type: Comm/Industry Sale Square Footage: 32,017 Lot Size (sq. ft.): 113,725 Status: Closed
Current Price: $5,200,000 List Date: 6/04/2021 Last Modified: 9/05/2025

Description

Excellent investment opportunity. This 32,017 SF building is on 2.6 acres located on the west side of town across the street from Home Depot and near newly expanding residential areas. The building is 93% leased. Light industrial zoning allows for many quiet and clean uses. See Flagstaff Zoning Code here: https://www.codepublishing.com/AZ/Flagstaff/html/Flagstaff10/Flagstaff1040030.html#10.40.30.050

More Information MLS# 6245822

Contract Info

Ownership: Fee Simple Current Price: $5,200,000 Sold Price: $5,200,000 Status: Closed List Date: 2021-05-26

Location, Tax & Legal

Assessor's Map #: 24 Legal Description (Abbrev): LOT 7 WOODLANDS VILLAGE UNIT 1 Assessor's Parcel #: 7 Add'l Parcels: No Tax Municipality: Flagstaff Census Tract: 1102 Taxes: 38417 Legal: LOT 7 WOODLANDS VILLAGE UNIT 1 Map Code/Grid: C79 House Number: 1647 Compass: S Street Name: PLAZA St Suffix: Way City/Town Code: Flagstaff State/Province: AZ Zip Code: 86001 Zip4: 7102 County Code: Coconino Subdivision: WOODLANDS VILLAGE UNIT 1 Assessor Number: 112-24-007 Tax Year: 2020

General Property Description

Ttl Apx SqFt Bldg: 32017 # of Buildings: 1 Uncvrd Parking Spcs: 10 Year Built: 1986 Zoning: Lt industrial

Legal Info

Range: 07E Section: 20 Township: 21N Lot Number: 7

Construction

Metal: 1

Roofing

Other: 1

Floors

Other: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 38417 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 526578

Building Type

Commercial: 1 Industrial: 1

Business Type

Mixed: 1

Stories

1 Story: 1

Pmt & Rate Info

Cap Rate: 6.39 Equity: 5500000 Total Owed: 0

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

10.1 Feet to 12 Feet: 1

Heating

Other: 1 See Remarks: 1

Cooling

Other: 1 See Remarks: 1

Loading Facilities

Other (See Remarks): 1

Source of Fincl Data

Owner: 1

Fencing

None: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1 Paved: 1

Electric

City Electric: 1

Gas

City Gas: 1

New Financing

Cash Only: 1 Cash to Loan: 1 1031 Exchange: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Sold Info

Loan Type: Exchange Payment Type: Other Clsing Cost Split: Buyer - B Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Directions: On S Plaza Way between S Woodlands Village Blvd and S Yale St Geo Lat: 35.186373 Geo Lon: -111.66759

Status Change Info

Off Market Date: 2022-01-17 Under Contract Date: 2021-12-01 Close of Escrow Date: 2021-12-29 Sold Price: $5,200,000

Income Expenses

Gross Annual Sch Inc: 526578 Net Operating Income: 351558

Property Features

Building Type: Commercial; Industrial Business Type: Mixed Stories: 1 Story Construction: Metal Roofing: Other Floors: Other Ceiling Height: 10.1 Feet to 12 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Fencing: None Parking Features: Free; Paved Electric: City Electric Gas: City Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan; 1031 Exchange Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner Environmental: None
Listing Office: da Vinci Realty, LLC
IDX
Last Updated: September - 05 - 2025
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