Flagstaff, AZ
Commercial Real Estate Market Trends & Data
Flagstaff's Demographic Profile
Flagstaff has 25,672 households and a median income of $64,627, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 75,098 |
| # Households | 25,672 |
| Median age | 29 |
| Median household income | $64,627 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 14,386 |
| 5-year population change | 0% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Flagstaff, AZ
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| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Flagstaff | $291 | 14,228 SF | 5.71% |
| Sedona | $405 | 4,597 SF | 8.80% |
| Clarkdale | $262 | 10,352 SF | 6.22% |
| Williams | $302 | 6,448 SF | 6.77% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Flagstaff | $217 | 6,166 SF | 5.71% |
| Sedona | $475 | 3,758 SF | 8.80% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Flagstaff | $339 | 6,063 SF |
| Sedona | $1,811 | 5,702 SF |
| Cornville | $160 | 4,536 SF |
| Clarkdale | $535 | 3,979 SF |
| Camp Verde | $354 | 4,542 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Flagstaff | $308 | 11,490 SF | 6.02% |
| Camp Verde | $224 | 4,900 SF | 6.02% |
| Winslow | $136 | 130,705 SF | 7.16% |
Commercial Properties For Sale in Flagstaff
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Flagstaff pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Flagstaff | $283 | 10,921 SF |
| Parks | $325 | 3,000 SF |
| Sedona | $1,184 | 7,233 SF |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Flagstaff, AZ and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.
FAQs About Commercial Investing in Flagstaff
Flagstaff offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Flagstaff. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Flagstaff. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Flagstaff. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Flagstaff, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.