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

    10196 E Songbird Lot Way, Unit 18 Prescott Valley, AZ 86315

    View on Map
    Sponsored
    For Sale
    $138,500

    LAND - Prescott Valley, AZ

    Lot size:
    2.02 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 12 at 2:06 pm

    Property Features for 10196 E Songbird Lot Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RCU-2A
    APN
    401-01-278
    Lot size
    2.02 Acres

    Utilities

    Sewer type
    Septic Tank

    We can help!

    Listing Contact
    Elizabeth King
    Elizabeth King

    Realty ONE Group (888) 461-0101

    Listing agent Elizabeth King (602) 625-5860

    Listing date Mar 11, 2026

    MLS# 6990006 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.

    Learn more

    Property Insight Report

    Overview

    Ventura Ranch Land in Prescott

    This 2+ acre homesite, located on Lot 18 in Ventura Ranch, is ready for immediate construction. The property is positioned to capture views of Granite Mountain and city lights. The estate-sized living allows for up to 2 horses, RV garage potential, and space for a custom home. Ventura Ranch offers private streets and an affordable HOA. Modern essentials include underground water with assured supply, APS electric, and high-speed fiber by MTE. Seller financing is available. An adjacent lot is also available. The property is located in Prescott Valley, AZ 86315.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Prescott Valley
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.286508
    Latitude
    34.676156

    Nearby Similar for Sale

    • New
      $595,000
      2,460 SF

      Professional Office Building, Prescott Valley

      Move-in-ready office building in a visible Prescott Valley location.
      3681 N Robert Rd, Prescott Valley, AZ 86314
      View Details
    • $365,000
      1,090 SF

      Commercial Property with Highway Visibility

      High-traffic location suitable for office, retail, or service businesses.
      815 S Dunivin Ln, Dewey, AZ 86327
      View Details
    • $500,000
      Pending

      Prescott Valley Commercial Investment Opportunity

      Fully leased commercial property with high visibility and strong accessibility.
      6300 E State Route 69, Prescott Valley, AZ 86314
      View Details
    • New
      $1,450,000
      1.07 Acres

      New Industrial Building Prescott Valley

      New industrial building with excellent connectivity in Prescott Valley area.
      560 S Cold Water Ln, Dewey, AZ 86327
      View Details
    • New
      $650,000
      2,886 SF

      Prescott Valley Ranch-Style Triplex

      Well-maintained triplex with in-unit laundry and private yards.
      7733 E Spouse Dr, Prescott Valley, AZ 86314
      View Details
    • New
      $469,900
      844 SF

      Prescott Valley Duplex Investment Opportunity

      Duplex in Prescott Valley with large lot and garages.
      3055 N Corrine Dr, Prescott Valley, AZ 86314
      View Details
    • New
      $650,000
      2,886 SF

      Prescott Valley Ranch-Style Triplex

      Well-maintained triplex with in-unit laundry and private yards.
      7733 E Spouse Dr, Prescott Valley, AZ 86314
      View Details
    • New
      $475,000
      Pending

      Remodeled Duplex in Prescott Valley

      Newly remodeled duplex with strong income potential in prime location.
      3164 E Yavapai Rd, Prescott Valley, AZ 86314
      View Details
    • New
      $449,900
      1,656 SF

      Prescott Valley Duplex Investment Opportunity

      Well-maintained duplex in desirable location with income potential.
      7174 E Thrush Ln, Prescott Valley, AZ 86314
      View Details
    • New
      $650,000
      0.25 Acres

      New Duplex in Prescott Valley

      Finished 2-story duplex with separate utilities and single-car garages.
      3965 N Robert Rd, Prescott Valley, AZ 86314
      View Details
    • New
      $650,000
      0.22 Acres

      New Build Duplex in Prescott

      New construction duplex with leases in place, high demand area.
      3981 N Robert Rd, Prescott Valley, AZ 86314
      View Details
    • New
      $625,000
      2,400 SF

      Prescott Valley Duplex with Income

      Income-generating duplex in Prescott Valley with recent updates.
      7869 Spouse Dr, Prescott Valley, AZ 86314
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2+ acre homesite ready for construction with mountain views.
    Where is this residential land & home lot located?
    The property is located at 10196 E Songbird Lot Way, Unit 18 Prescott Valley, AZ.
    What is the asking price?
    The asking price for this property is $138,500.
    What are key features of this property?
    This property features: - Sweeping Granite Mountain views and sparkling city lights.; - **2+ acre homesite ready for immediate construction.**; - Room for up to 2 horses and RV garage potential.
    (888) 461-0101
    Request Owner's contact information
    10196 E Songbird Lot Way, Unit 18 Prescott Valley, AZ 86315
    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.
    10196 E Songbird Lot Way, Unit 18
    Prescott Valley, AZ 86315
    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
    10196 E Songbird Lot Way, Unit 18 Prescott Valley, AZ 86315
    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

    We can help!
    Listing Contact
    Elizabeth King
    Elizabeth King
    Real Estate License ID: SA522375000
    (888) 461-0101 (480) 948-5554 (602) 625-5860
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!