Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    02 Blue Sky Drive -- unit B Peeples Valley, AZ 86332

    View on Map
    For Sale
    $225,000

    LAND - Peeples Valley, AZ

    Lot size:
    6.98 Acres
    Added:
    Jan 22, 2024
    Days on Market:
    800
    Last Refresh:
    Apr 1 at 2:06 am

    Property Features for 02 Blue Sky Drive -- unit B

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RCU-2A
    Standard status
    Active
    APN
    202-03-026-P
    Lot size
    6.98 Acres

    Taxes and HOA fees

    TaxYear
    2023
    TaxAnnualAmount
    8

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Alexi Crissman

    Listing agent Alexi Crissman License #SA664107000

    Listing office Keller Williams Arizona Realty 15333 N Pima Road #130, Scottsdale, AZ

    Listing date Jan 22, 2024

    MLS# 6653866 Listing URL

    Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Peeples Valley Land For Sale

    This 6.98-acre property is located in Peeples Valley, Arizona. It is suitable for horse property and offers panoramic views of the Weaver and Bradshaw mountains. The land features a private gate at the entrance and a water well. Electrical conduit has been run to the property. The location provides seclusion and privacy, with opportunities for stargazing. There is no HOA, but CCRs restrict construction to site-built homes with a minimum of 1650 square feet.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Peeples Valley
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.764952
    Latitude
    34.295784

    Nearby Similar for Sale

    • $35,000

      Peeples Valley Acreage Ready to Build

      1.02 acre parcel ready for building in Peeples Valley.
      18207 Tawny Lane, Peeples Valley, AZ 86332
      View Details
    • $138,499

      Land in Pinon Estates

      2.24-acre homesite with mountain views in Peeples Valley, AZ.
      16655 W Blue Sky Drive, Peeples Valley, AZ 86332
      View Details
    • $536,000

      Peeples Valley Land For Sale

      43 acres of land in a private, gated community.
      0043 Blue Sky Drive unit: U, Peeples Valley, AZ 86332
      View Details
    • $110,000

      Land with Panoramic Mountain Views

      Residential land in Peeples Valley, Arizona, with utilities available.
      17327 S Rocky Boy Way, Peeples Valley, AZ 85362
      View Details
    • $350,000

      Historic Campground with Scenic Views

      Eclectic campground with historic relics, views, and natural beauty.
      S Monica Mine, Peeples Valley, AZ 86332
      View Details
    • $60,000

      Peeples Valley Mobile Home Lot

      Cozy mobile home on permitted lot in Peeples Valley.
      18100 S DOUBLE TREE Road unit: 213, Peeples Valley, AZ 86332
      View Details
    • $79,500

      Peeples Valley Land with Views

      Ready-to-build land with utilities and panoramic views.
      18351 S Peeples Valley Road, Peeples Valley, AZ 86332
      View Details
    • $225,000
      382,892 SF

      Peeples Valley Acreage For Sale

      8.79 acres in Peeples Valley with mountain views.
      01 Blue Sky Drive A, Peeples Valley, AZ 86332
      View Details
    • $225,000
      304,048 SF

      Peeples Valley Acreage For Sale

      6.98 acres in Peeples Valley with mountain views.
      03 Blue Sky Drive C, Peeples Valley, AZ 86332
      View Details
    • $225,000

      Peeples Valley Land with Views

      8.79 acres in Peeples Valley with mountain views.
      01 Blue Sky Drive -- unit: A, Peeples Valley, AZ 86332
      View Details
    • $225,000

      Peeples Valley Land with Views

      6.98 acres in Peeples Valley with mountain views.
      03 Blue Sky Drive -- unit: C, Peeples Valley, AZ 86332
      View Details
    • $175,000

      Peeples Valley Land with Views

      7.09 acres in Peeples Valley with mountain views.
      04 Blue Sky Drive -- unit: D, Peeples Valley, AZ 86332
      View Details

    FAQs

    What type of property is this?
    Land - 6.98 acres in Peeples Valley with mountain views.
    Where is this land located?
    The property is located at 02 Blue Sky Drive -- unit B Peeples Valley, AZ.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 6.98 acres of horse property with STUNNING panoramic mountain views.; Private gated entrance providing ultimate seclusion and privacy.; Water well on the property.
    (928) 671-1151
    We can help!
    Listing Contact
    Alexi Crissman
    Real Estate License ID: SA664107000
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!