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Investment Highlights

  • Light Industrial zoning supports diverse commercial and industrial applications.
  • Future frontage on Lone Tree Road after completion of the widening project.
  • Multiple parcels provide flexibility for phased development or expansion.
  • Includes an existing 5,400-square-foot office/warehouse building with current lease income.
  • Convenient access to Butler Avenue and major Flagstaff transportation corridors.
  • Located near downtown Flagstaff and Northern Arizona University, ensuring strong market demand.

Executive Summary

This industrial property presents a rare opportunity in the heart of Flagstaff, offering 1.11 acres across 5½ parcels with Light Industrial zoning. The site includes an existing 5,400-square-foot office/warehouse building currently under lease until April 1, 2026, providing immediate income potential for investors. Additional parcels consist of gravel parking lots and vacant land, creating flexibility for future development or expansion.
Strategically located near Butler Avenue and Lone Tree Road, the property benefits from excellent connectivity to major thoroughfares and Flagstaff’s commercial core. Planned road improvements on Lone Tree Road will enhance visibility and access, further strengthening the site’s long-term value. The zoning allows for a wide range of industrial and commercial uses, making this an attractive acquisition for owner-users, developers, or investors seeking a foothold in a growing market.
With proximity to downtown Flagstaff, Northern Arizona University, and key transportation routes, this property combines operational convenience with strong growth potential.

Property Facts

Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.79 AC
Construction Status Proposed
Rentable Building Area 30,000 SF
No. Stories 1
Tenancy Single
Zoning LI - Light Industrial

Amenities

  • Yard

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 10,000-30,000 SF
  • Industrial
  • Full Build-Out
  • Oct 2026

Space can be leased with one of the following options: Option 1: New construction of a 30,000 sq ft facility sporting 25,000 sq ft warehouse and 5,000 sq ft office - rate would be $18.50/ sq ft NNN with a minimum 7-year term. Option 2: Hybrid new construction sporting 15,000 sq ft warehouse and retaining the existing 5,400 SF warehouse for a total of 20,400 sq ft. The rate would be $18.50/sq ft NNN, with a minimum 7-year term. Option 3: Lease the existing 5,400 sq ft warehouse at $17.50/sq ft plus $2,000/month if yard space is required. Call for construction options for this site.

Space Size Space Use Condition Available
1st Floor 10,000-30,000 SF Industrial Full Build-Out Oct 2026

1st Floor

Size
10,000-30,000 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Oct 2026

1st Floor

Size 10,000-30,000 SF
Space Use Industrial
Condition Full Build-Out
Available Oct 2026

Space can be leased with one of the following options: Option 1: New construction of a 30,000 sq ft facility sporting 25,000 sq ft warehouse and 5,000 sq ft office - rate would be $18.50/ sq ft NNN with a minimum 7-year term. Option 2: Hybrid new construction sporting 15,000 sq ft warehouse and retaining the existing 5,400 SF warehouse for a total of 20,400 sq ft. The rate would be $18.50/sq ft NNN, with a minimum 7-year term. Option 3: Lease the existing 5,400 sq ft warehouse at $17.50/sq ft plus $2,000/month if yard space is required. Call for construction options for this site.

Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 104-01-015
  • 104-01-016A
  • 104-01-014A
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$189,692 CAD
  • Listing ID: 39907799

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 205 S Gabel St, Flagstaff, AZ 86001

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