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
Interior Features
Other (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) Interior Features: 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

Last Updated: September - 05 - 2025
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