$750,000
Flagstaff, AZ 86001
MLS# 197131
Status: Closed
2491 sqft
1 / 8
Property Description
Introducing a prime investment/owner user opportunity at 1340 North Rim Drive, Flagstaff, AZ. This 2,491 SF building, constructed in 1982, presents a compelling prospect for office or medical investors. With its strategic location adjacent to Northern Arizona Healthcare (NAH) in Flagstaff, this asset offers a promising addition to any investor's portfolio.
Details
Contract Info
List Price/SqFt: 320.75
Property Sub-Type: Office Building
Status: Closed
Listing Agreement Date: 2024-06-11
Sold Price: $750,000
Current Price: $750,000
General Property Description
Year Built: 1982
# Docks: 0
Approx SqFt: 2491
Location, Tax & Legal
Region: 10 - North West City
APN: 10101001m
Cross Street: Cedar
Zoned: HR
Taxes: 6227.6
Tax Year: 2023
County: Coconino
Area: 130 - NoHo
Street #: 1340
Direction: N
Street Name: Rim
Suffix: Drive
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Geo Lat: 35.210339
Geo Lon: -111.647432
Location
Other: Medical Complex
Key Words
Sale/Rent: Sale
Net Op Inc: $60,000 - 79,999
Cap Rate: 9 - 9.9%
Down Payment: $20,000 - 29,999
Imprv Sz (Gross SF): 2,000 - 4,999
#Tenants/Units: 1 - 4
Land Size: 0 - .4 AC
Trade/Exchange: Submit
Remarks & Misc
Directions: HWY 180 to Cedar. Building on the right side(S) of Cedar Ave.
Status Change Info
Sold Price/SqFt: 301.08
Financing: Cash
Sold Date: 2025-03-25
Sold Price: $750,000
Inc/Exp (Annual)
= Net Op Inc $: 74730
- Debt Service $: 0
Exis Fee/Docs
Free & Clear: 1
To Show
CLO/KILO: 1
Possession
COE +: 1
Terms of Sale
1031 Exchange: 1
Cash: 1
Submit: 1
Leases
Other: Owner
Util Pd by Tenant
Cable TV: 1
Electricity: 1
RE Insurance: 1
Interior Amenities
Duo-Pane Win.: 1
Fire Alarm Sys.: 1
Security System: 1
Flood Zone
None: 1
Lot Street Imprvmnts
Curbs: 1
Paved Parking: 1
Sidewalks: 1
Other: Handicap Access
Utilities
(2 Phase): 1
Electric: 1
Indiv Metered: 1
Natural Gas: 1
Sewer: 1
Telephone: 1
TV Cable: 1
Occupancy
Owner Occupied: 1
Heating
Central: 1
Cooling
Central Air: 1
Management
Owner: 1
Construction
One Story: 1
Frame: 1
Roof
Asphalt Shingle: 1
Pitched: 1
Freeway Turn Time
1-4 Min: 1
5-9 Min: 1
Property Features
To Show: CLO/KILO
Terms of Sale: 1031 Exchange; Cash; Submit
Util Pd by Tenant: Cable TV; Electricity; RE Insurance
Flood Zone: None
Interior Amenities: Duo-Pane Win.; Fire Alarm Sys.; Security System
Occupancy: Owner Occupied
Management: Owner
Construction: One Story; Frame
Roof: Asphalt Shingle; Pitched
Heating: Central
Cooling: Central Air
Utilities: (2 Phase); Electric; Indiv Metered; Natural Gas; Sewer; Telephone; TV Cable
Lot Street Imprvmnts: Curbs; Paved Parking; Sidewalks
Freeway Turn Time: 1-4 Min; 5-9 Min
Possession: COE +
IDX
Listing Office: da Vinci Realty
Last Updated: December - 11 - 2025
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