1647 S PLAZA Way, Flagstaff, AZ 86001 (MLS# 6245822)

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

Overview

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

Listing Details MLS# 6245822

Location, Tax & Legal

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
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

Contract Info

Ownership
Fee Simple

General Property Description

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

Remarks Misc

Directions
On S Plaza Way between S Woodlands Village Blvd and S Yale St

Status Change Info

Off Market Date
2022-01-17
Under Contract Date
2021-12-01
Close of Escrow Date
2021-12-29

Legal Info

Township
21N
Range
07E
Section
20
Lot Number
7

More Information

Income Expenses

Gross Annual Sch Inc
526578
Net Operating Income
351558

Sold Info

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

Construction

Metal
Yes

Roofing

Other
Yes

Floors

Other
Yes

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
Yes
Industrial
Yes

Business Type

Mixed
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Cap Rate
6.39
Equity
5500000
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Ceiling Height

10.1 Feet to 12 Feet
Yes

Heating

Other
Yes
See Remarks
Yes

Cooling

Other
Yes
See Remarks
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

Other (See Remarks)
Yes

Source of Fincl Data

Owner
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Paved
Yes

Electric

City Electric
Yes

Gas

City Gas
Yes

New Financing

Cash Only
Yes
Cash to Loan
Yes
1031 Exchange
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

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
IDX
Last Updated: September - 05 - 2025
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