2724 Lakin DrFlagstaff, AZ 86004

Property Details for 2724 Lakin Dr

Year built

1981

Construction

STEEL FRAME

Lot size

0.52 AC

Property size (Sq ft)

4,356 SF

Property type

Office properties

Property subtype

Office buildings

APN

108-10-074E

APU

10810074E

Description

This 560-square-foot commercial space at 2724 E Lakin Drive Unit 4, Flagstaff, AZ, presents a fantastic opportunity for a small business. The unit has undergone a complete remodel, boasting fresh paint and new flooring throughout. Its prime location in Flagstaff makes it highly accessible and visible to potential customers. The property is a general commercial space, ideal for a variety of uses. Utilities are conveniently metered separately for gas and electricity, offering tenants greater control over their expenses. Water usage will be prorated monthly. The monthly rental rate is $800, with an additional $20.65 rental tax, resulting in a total monthly payment of $820.65. This all-inclusive price makes budgeting simple and predictable. The property sits on a lot with zero acres, making it a compact and efficient space. This move-in ready office is perfect for entrepreneurs seeking a well-maintained and conveniently located space to establish or expand their business. Don't miss this chance to secure a prime commercial location in the thriving Flagstaff market. Inquire today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $698,325

  6.5%

  $644,608

  7%

  $598,564

• Comparable approach

  Method

  Valuation

  Relative Method

  $671,477

  Geo Method

  $671,477

• Alternative Use

  Use

  Valuation

  Residential

  $799,314

  Hospitality

  $732,167

  Educational

  $609,154

  Medical

  $630,104

  Retail

  $947,574

Location Insight

City

Flagstaff

County

Coconino

State

Arizona

Latitude

35.2114

Longitude

-111.606

CBSA code

22380

CBSA name

FLAGSTAFF, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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