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    Brokers
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    • Brokers

    James Michael Akins, Prescott, AZ

    License ID: BR523480000
    Years of Experience
    19
    Association
    Prescott Area Association Of Realtors Inc

    Service Locations

    Contact details

    Phone:
    (928) 925-2983
    Office Address:
    5119 Raindrop Rd, Prescott, AZ 86301

    Property Types

    • Land

    Performance

    Listings
    29
    Total transactions
    661
    Total transactions amount
    $34M
    Price range
    $34k - 77k
    Average price
    $51k

    Listings

    For Sale (29)

    View map
    • New
      $62,000
      40.00 Acres

      Land in Ash Fork, Arizona

      40 acre land parcel for sale in Ash Fork.
      296 Quartz Hill Rd, Ash Fork, AZ 86320
      View Details
    • $45,000
      10.01 Acres

      Land Near Jumbo Tank, Ash Fork

      10.01 acre land parcel near Jumbo Tank in Ash Fork.
      18b Warren Run Rd, Ash Fork, AZ 86320
      View Details
    • $55,000
      10.00 Acres

      10 Acres in Ash Fork

      10-acre parcel with potential cabin near Jumbo Tank.
      18a Warren Run Rd, Ash Fork, AZ 86320
      View Details
    • $95,000
      4.01 Acres

      Land in Dewey-Humboldt, Arizona

      4-acre surveyed land with mountain views, suitable for building.
      Of Dewey Overlook Way, Dewey, AZ 86327
      View Details
    • $98,000
      40.00 Acres

      40 Acres Near National Forest

      40 acre parcel near National Forest with mature trees.
      50 Bullock Rd, Ash Fork, AZ 86320
      View Details
    • $55,000
      40.00 Acres

      40 Acres in Ash Fork

      40-acre parcel with driveway, pad, and panoramic views.
      295 Old Deputy Shortline, Ash Fork, AZ 86320
      View Details
    • $39,900
      10.00 Acres

      Land in Ash Fork, AZ

      10-acre recreational land with financing options in Ash Fork.
      49 Norma Way, Ash Fork, AZ 86320
      View Details
    • $49,900
      10.00 Acres

      Land in Ash Fork, Arizona

      10 acre property with sheds, ideal for cabin construction.
      49 Norma Way, Ash Fork, AZ 86320
      View Details
    • Contact for pricing
      10.00 Acres

      Usable Land in Ash Fork

      10 acres of usable land, ideal for animals.
      135 NW Boars Breath Rd, Ash Fork, AZ 86320
      View Details
    • $65,000
      20.06 Acres

      Land with Cabin and Views

      20+ acre parcel with shed/cabin and mountain views.
      224 E2 Rocky Rd, Ash Fork, AZ 86320
      View Details
    • $84,900
      20.00 Acres

      20 Acres in Ash Fork

      20 acre property with electricity and potential for splits.
      205 Couchman Trl, Ash Fork, AZ 86320
      View Details
    • $89,000
      20.00 Acres

      20 Acres Fenced Land

      20-acre fenced land parcel with septic system near National Forest.
      228 Flying Wrench Rd, Ash Fork, AZ 86320
      View Details
    • $45,000
      2.45 Acres

      Land For Sale, Williams, AZ

      2.45 acres partially fenced with water tank and driveway.
      4353 N Highview Dr, Williams, AZ 86046
      View Details
    • $165,000
      134.43 Acres

      Rare 134+ Acre Land Parcel

      134+ acres near Williams, AZ, with state land access.
      6800 Grand Vis Rnch Rd, Williams, AZ 86046
      View Details
    • $33,900
      10.00 Acres

      Land Near Prescott National Forest

      10-acre land parcel near Prescott National Forest in Ash Fork.
      61 Norma Sw4 Rd, Ash Fork, AZ 86320
      View Details
    • $33,900
      10.00 Acres

      Ash Fork Land For Sale

      10 acre parcels with mature trees near Prescott National Forest.
      61 Colt Ct Se4 Rd, Ash Fork, AZ 86320
      View Details
    • $33,900
      10.00 Acres

      Land Parcel Near National Forest

      10-acre land parcel with mature trees near Prescott National Forest.
      61 Norma Nw4 Rd, Ash Fork, AZ 86320
      View Details
    • $33,900
      10.00 Acres

      Land Near Prescott National Forest

      10-acre land parcel with mature trees, near national forest.
      61 Colt Ct Ne4 Rd, Ash Fork, AZ 86320
      View Details
    • $35,000
      4.70 Acres

      Heavily Treed Land in Williams

      4.7 acres of predominantly flat, treed land for sale.
      2653 W Plate Rd, Williams, AZ 86046
      View Details
    • $35,000
      4.70 Acres

      Heavily Treed Land in Williams

      4.7 acres of flat, treed land near Williams, Arizona.
      2715 W Plate Rd, Williams, AZ 86046
      View Details
    • $45,000
      40.00 Acres

      40 Acres in Ash Fork

      40-acre parcel with rolling terrain near Prescott National Forest.
      307 Of Old Deputy Shortline, Ash Fork, AZ 86320
      View Details
    • $32,000
      10.00 Acres

      Ash Fork Land Parcel

      10 acre land parcel in Ash Fork, Arizona.
      10 NW Chain Rnch Rd, Ash Fork, AZ 86320
      View Details
    • $38,000
      10.00 Acres

      10 Acres Near Paved Road

      10 acre parcel, easily accessible, panoramic views, near Ash Fork.
      Sw4 Blossom Hill Rd, Ash Fork, AZ 86320
      View Details
    • $40,000
      10.00 Acres

      10 Acres in Ash Fork

      10-acre parcel near paved road with panoramic views.
      Se4 Blossom Hill Rd, Ash Fork, AZ 86320
      View Details
    • Contact for pricing
      1.65 Acres

      Land in Seligman, Arizona

      1.65 acre property with paved access and electricity.
      27200 W Fort Rock Rd, Seligman, AZ 86337
      View Details
    • $72,500
      27.70 Acres

      Land in Ash Fork, Arizona

      27.7 acres of land with perimeter fencing.
      164 Rattlesnake Rd, Ash Fork, AZ 86320
      View Details
    • $41,000
      20.00 Acres

      Land with Western Views

      20-acre land with mature trees and sunset views.
      10 N2 Of Looking Glass, Ash Fork, AZ 86320
      View Details
    • $41,000
      20.00 Acres

      20 Acres Land in Ash Fork

      20 acre land parcel in Ash Fork, Arizona.
      10 S2 Of Looking Glass, Ash Fork, AZ 86320
      View Details
    • $75,000
      20.00 Acres

      20 Acres with Camping Pads

      20-acre parcel with mature trees and camping pads.
      39303 N Bullock Rd, Ash Fork, AZ 86320
      View Details

    Leases and Sales on Map

    • For Sale

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    James Michael Akins, Prescott, AZ
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    James Michael Akins, Prescott, AZ
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