399 Malpais Lane $8,500,000

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    399 Malpais Lane Flagstaff, AZ 86001

    Active
    • 1.78 Acres
    • Commercial
    • MLS# 187008
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    Views: 137 Days On Site: 71

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    Property Details

    This 28,201 SF Class A office/retail building is on 1.8 acres, and located less than a mile southwest of downtown Flagstaff and across the street from the Northern Arizona University campus. Investment or Owner/User Opportunity!!See Flagstaff Zoning Code here:https://www.codepublishing.com/AZ/Flagstaff/html/Flagstaff10/Flagstaff1040030.html#1

    • General Features
      • APN 10302005y
      • Area 157 - Milton Commercial
      • Cap Rate 1 - 7.9%
      • County Coconino
      • Cumulative DOM 0
      • Directions On Malpais Lane off of Milton Road, Flagstaff's main North-South corridor.
      • Freeway Turn Time 1-4 Min
      • Leases Net
      • Location Freestanding
      • Management Manager
      • Net Op Inc $500,000+
      • Property Sub Type Office Building
      • Region 10 - North West City
      • Sale Rent sale
      • Tax Year 2020
      • Taxes 68901.00
      • Terms of Sale Cash, Submit
      • Trade Exchange Not Applicable
      • Year Built 2013
    • Building Features
      • Construction Two Story
      • Dimensions 255.38x310.56
      • Gross SqFt 28201.00
      • Heating Cooling Central A/C, Central Htg
      • Imprv Sz Gross SF 20,000 - 49,999
    • Property Features
      • Acres 1.78
      • Exterior Amenities Landscaped, Sprinkler System
      • Land Size 1 - 4.9 AC
      • Lot Street Imprvmnts Alley, Curbs, Paved Parking, Sidewalks, St-Blacktop
      • Utility Paid by Tenant Electricity, Janitorial, Nat. Gas
      • Utilities City Water, Electric, Natural Gas, Sewer, Telephone, TV Cable
      • Zoned Highway comm

    Contact

    Pat Leahy

    Pat Leahy

    REALTOR®

    BR516735000

    Foothills - Tucson

    Direct: 520-262-9583

    Neighborhood

    86001 (Flagstaff) Demographics

    29 Median Age
    51 Population Density (per sq. mile)
    61% College Educated
    $59,536 Estimated Median Income
    8,765 Estimated Total Home Owners
    8,711 Estimated Total Renters
    50% / 50% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    45,695 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $600,000 Median Sales Price
    46 Homes Sold
    21 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $8,500,000
        8/13/2021 6:25:00 AM New in Database Source: Multiple Listing Service New Value: $8,500,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Northern Arizona Association of REALTORS® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.