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

    1024 N Desert Sky Drive unit 003F Clarkdale, AZ

    View on Map
    For Sale
    Under Contract
    $264,000

    LAND - Clarkdale, AZ

    Lot size:
    9.45 Acres
    Added:
    Oct 13, 2025
    Days on Market:
    170
    Last Refresh:
    Mar 31 at 11:06 pm

    Property Features for 1024 N Desert Sky Drive unit 003F

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RCU-2a
    Fencing
    Barbed Wire
    Standard status
    Active Under Contract
    APN
    406-27-003-F
    Lot size
    9.45 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    AN IRREGULAR PARCEL LYING IN THE SW4NW4, SW PARCEL CORNER LYING A PPROX 678'N OF THE W4 CORNER SAID

    We can help!

    Listing Contact
    Philip Terbell

    Listing agent Philip Terbell License #BR043633000

    Listing office RealtyOneGroup Mountain Desert 544 S 6th St #103, Lake Havasu City, AZ

    Listing date Oct 13, 2025

    MLS# 6933696 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

    Verde Valley View Parcel

    This 9.45-acre parcel is located between Clarkdale and Jerome, Arizona. The property is situated on a cascading hillside, offering panoramic views of the Verde Valley, including Sycamore Canyon, Jerome, Sedona Red Rocks, Flagstaff peaks, Mingus Mountain, and Bill Williams Mountain. The site is suitable for personal vineyards, a dream home, raising cattle, keeping horses, or building an off-grid oasis. The parcel is large enough to be split into four separate building parcels. It features private road access and an end-of-road location, and it abuts USFS land in the rear. The property is currently on a cattle lease and has RCU-2a zoning. To access the property, proceed forward to an extreme right-hand turn leading uphill to a large turnaround at the top, with the property lying forwards and backwards from the clearing. The owner will need to drill their own well and run electric to the parcel, if desired.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vineyards

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Hotel & Motel Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clarkdale
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.078441
    Latitude
    34.757103

    Nearby Similar for Sale

    • $245,000

      Clarkdale Land Development Opportunity

      1.86 acre residential land with development potential in Clarkdale, AZ.
      1618 Main Street, Clarkdale, AZ 86324
      View Details
    • $1,499,000
      4,058 SF

      Turnkey Restaurant Opportunity in Clarkdale

      Fully equipped restaurant with expansion potential on 1.75 acres.
      1481 Az-89a, Clarkdale, AZ 86324
      View Details
    • $149,000

      Clarkdale Acreage with Verde River Views

      2.5 acres with unblockable views in Clarkdale, Arizona.
      Parcel 3 Randall Road, Clarkdale, AZ 86324
      View Details
    • $125,000

      Land in Mountain Gate, Clarkdale

      Vacant lot in desirable Mountain Gate neighborhood with mountain views.
      409 POWDER BOX Road unit: 165, Clarkdale, AZ 86324
      View Details
    • $150,000

      Land Parcel in Clarkdale, Arizona

      Two-acre parcel with well, septic, and paved road access.
      4685 W Horizon View Drive, Clarkdale, AZ 86324
      View Details
    • $179,000

      Land with Panoramic Verde Valley Views

      Four-lot subdivision with views near Cottonwood and Sedona.
      094 N WildHorse Lane unit: 094,095,096,097,098, Clarkdale, AZ 86324
      View Details
    • $1,500,000

      Land with Verde Valley Views

      12.9 acres with views, development potential, and utilities.
      016 New Venture Road unit: 016 P And H, Clarkdale, AZ 86324
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Picturesque land parcel with panoramic Verde Valley views.
    Where is this agricultural land / farmland located?
    The property is located at 1024 N Desert Sky Drive unit 003F Clarkdale, AZ.
    What is the asking price?
    The asking price for this property is $264,000.
    What are key features of this property?
    This property features: Panoramic views of the Verde Valley, including Sycamore Canyon, Jerome, Sedona Red Rocks, and Flagstaff peaks.; Large parcel with potential to be split into 4 separate building parcels.; Abuts USFS land in the rear, providing direct access to nature.
    (928) 300-2252
    We can help!
    Listing Contact
    Philip Terbell
    Real Estate License ID: BR043633000
    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!