$799,000
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
Maps
Contract Info
Status: Closed
Listing Agreement Date: 2024-06-11
Sold Price: $750,000
Current Price: $750,000
List Price/SqFt: 320.75
Property Sub-Type: Office Building
Location Tax Legal
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
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
General Property Description
Year Built: 1982
Approx SqFt: 2491
Status Change Info
Sold Date: 2025-03-25
Sold Price: $750,000
Sold Price/SqFt: 301.08
Financing: Cash
Leases
Other: Owner
Lot Street Imprvmnts
Other: Handicap Access
Location
Other: Medical Complex
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 +
Listing Office: da Vinci Realty
Last Updated: December - 11 - 2025
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