Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    5 Acres in Joseph City Title is generated by Realmo AI

    005 N Porter Road, Joseph City, AZ 86032

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Joseph City, AZ

    Lot size:
    5.00 Acres
    Added:
    Nov 7, 2023
    Days on Market:
    930
    Last Refresh:
    May 25 at 5:06 pm

    Property Features for 005 N Porter Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    104-01-005Q
    Lot size
    5.00 Acres

    Taxes and HOA fees

    Tax Description
    SECTION 29, T19N,R19E:W2 SW4 NE4 NW4 OUT OF 104-04-005H FOR2004ROLL
    Tax Annual Amount
    17

    We can help!

    Listing Contact
    Joseph E Holland

    Listing agent Joseph E Holland License #BR642476000

    Listing office White Mountain Realty 11 CR N3164 PO Box 117, Vernon, AZ

    Listing date Nov 7, 2023

    MLS# 248703 Listing URL

    Copyright © 2026 White Mountain Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 5 Acres of Land
    • Off‑Grid Potential
    • Enjoy a Four‑Season Climate
    • Starry Nights
    • Quiet and Peaceful Setting
    • Located North of Joseph City

    Overview

    This is a 5-acre land parcel located north of Joseph City, Arizona. The property is described as an off-grid location with four seasons, starry nights, and quiet surroundings. The listing agent is a principal of the seller LLC and a licensed real estate broker in the state of Arizona. The property was acquired through tax lien foreclosure, and limited information is available regarding its history beyond public records. Buyers are advised to verify all material facts during the inspection period. The property is located off N Porter Road in Joseph City.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Joseph City
    County
    Navajo
    State
    Arizona
    Longitude
    -110.352
    Latitude
    35.0501

    Nearby Similar for Sale

    • $15,000

      40 Acres Off-Grid Land

      40 acres of land perfect for off-grid living.
      60 N Porter Road, Joseph City, AZ 86032
      View Details
    • $200,000

      200 Acre Open Sky Property

      200 acre off-grid land, 9 miles from Joseph City.
      TBD-200AC Porter Road, Joseph City, AZ 86032
      View Details
    • $12,000

      Land Near Chevelon Creek

      Prairie property near Chevelon Creek, perfect for outdoor living.
      Chevron Creek Estates Lot 32, Joseph City, AZ 86032
      View Details
    • $9,747

      Remote Land Parcel For Sale

      Remote land parcel available in Navajo County.
      10313 Porter Avenue -, Joseph City, AZ 86032
      View Details
    • $20,395

      Joseph City Land For Sale

      40+ acre off-grid property with endless views in Arizona.
      104-15-011, Joseph City, AZ 86032
      View Details
    • $20,000

      Joseph City Land For Sale

      40 acres of land perfect for off-grid adventures.
      Joseph City, Joseph City, AZ 86032
      View Details
    • $18,800

      40 Acres Ranch Style Property

      Ranch style property perfect for recreational exploring and hunting.
      N 2 Mi from Joseph City Tank Street, Joseph City, AZ 86032
      View Details
    • $20,000

      40 Acres in Joseph City

      Undeveloped 40-acre land parcel located north of Joseph City, Arizona.
      0006 Porter Road, Joseph City, AZ 86032
      View Details
    • $20,000

      40 Acres North of Joseph City

      Undeveloped 40-acre land parcel north of Joseph City, Arizona.
      0008 N Porter Road, Joseph City, AZ 86032
      View Details
    • $20,000

      40 Acres in Joseph City

      40.35 acre land parcel located north of Joseph City.
      0003 N Porter Road, Joseph City, AZ 86032
      View Details
    • $20,000

      40 Acres in Joseph City

      40 acres of Arizona high country desert for ranching.
      N Porter Rd, Joseph City, AZ 86032
      View Details

    FAQs

    What type of property is this?
    Land - Undeveloped 5-acre land parcel in Joseph City, Arizona.
    Where is this land located?
    The property is located at 005 N Porter Road Joseph City, AZ.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 5 Acres of Land; Off‑Grid Potential; Enjoy a Four‑Season Climate
    (928) 243-8701
    We can help!
    Listing Contact
    Joseph E Holland
    Real Estate License ID: BR642476000
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    005 N Porter Road, Joseph City, AZ 86032
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!