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

    14 W Shimmering Sand Place lot 494 Oro Valley, AZ 85755

    View on Map
    Pending
    $248,810

    LAND - Oro Valley, AZ

    Lot size:
    1.79 Acres
    Added:
    Jul 16, 2019
    Days on Market:
    2460
    Last Refresh:
    Apr 9 at 7:06 am

    Property Features for 14 W Shimmering Sand Place lot 494

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Oro Valley - PAD
    Standard status
    Pending
    APN
    219-04-1180
    Lot size
    1.79 Acres

    Taxes and HOA fees

    Tax Year
    2018
    Tax Description
    From Parcel:219200002C/Stone Canyon Viii Rancho Vistas Neighborhood 12 Lot 494
    Tax Annual Amount
    2535

    Utilities

    Water source
    Public

    We can help!

    Listing Contact
    Beth Hardwick

    Listing agent Beth Hardwick

    Listing office Realty Executives Arizona Territory 3300 E Sunrise Dr #50, Tucson, AZ

    Listing date Jul 16, 2019

    MLS# 21918863 Listing URL

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

    Overview

    Land in Stone Canyon Community

    This 1.79-acre land parcel is located within the gates of Stone Canyon, a private golf community in Oro Valley, Arizona. The property offers views of the Catalina and Tortolita Mountains and features sunsets. The flat lot contains desert vegetation and saguaro cacti. Community amenities include a 19-hole championship golf course, clubhouse, health and fitness center, tennis courts, a family pool, and an 80-foot lap pool. Stone Canyon is ranked among the best residential golf courses by Golfweek.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Oro Valley
    County
    Pima
    State
    Arizona
    Longitude
    -110.965
    Latitude
    32.4486

    Nearby Similar for Sale

    • $215,000

      Oro Valley Land with Views

      1.93 acre lot with panoramic views in Oro Valley.
      520 E Eden Place unit: 25, Oro Valley, AZ 85704
      View Details
    • $375,000

      Premium Lot with Mountain Views

      Exceptional 1+ acre lot in La Reserve, Oro Valley.
      1580 E Crimson Canyon Place unit: 9, Oro Valley, AZ 85737
      View Details
    • $4,650,888
      14,766 SF

      Net Leased Walgreens Investment

      Net leased Walgreens in Oro Valley, Arizona with rental growth.
      10405 N La Canada Dr, Oro Valley, AZ 85737
      View Details
    • $375,000

      Residential Lot in Gated Community

      3.3+ acre residential lot with mountain and city views.
      10891 N Desert Whisper Way unit: 5, Oro Valley, AZ 85737
      View Details
    • $14,558,000
      55,066 SF

      Oro Valley Industrial Investment Opportunity

      High-value industrial asset with long-term tenant in aerospace sector.
      12350 North Vistoso Park Road, Oro Valley, AZ, 85737
      View Details
    • $525,000
      1 SF

      Land Near Innovation Park

      Commercial land parcel with parking lot improvements and easy highway access.
      2155 East Rancho Vistoso Boulevard, Oro Valley, AZ, 85755
      View Details
    • $710,000
      2,525 SF

      Oro Valley Medical Office Space

      Medical office space for sale in Oro Valley, Arizona.
      2506 E Vistoso Commerce Loop, Oro Valley, AZ
      View Details
    • $295,000

      Residential Lot in Gated Community

      3.3+ acre residential lot with mountain and city views.
      10876 N Desert Whisper Way unit: 21, Oro Valley, AZ 85737
      View Details
    • Contact for pricing
      4,520 SF

      Freestanding Drive-Thru Restaurant For Sale

      Freestanding drive-thru restaurant in Oro Valley, Arizona, for sale.
      9660 North Oracle Road, Oro Valley, AZ 85704
      View Details
    • $275,000

      Luxury Lot in Gated Community

      Easy-to-build-on lot with expansive views in Oro Valley.
      530 E Thunderstorm Place unit: 116, Oro Valley, AZ 85755
      View Details
    • Contact for pricing

      Oracle Road Development Land

      Development land available on Oracle Road with high traffic volume.
      12855 North Oracle Road, Oro Valley, AZ 85704
      View Details
    • Contact for pricing
      11,128 SF

      Oro Valley Retail Space Available

      Retail space for lease in affluent Oro Valley.
      7621-7755 N Oracle Rd, Oro Valley, AZ
      View Details

    FAQs

    What type of property is this?
    Land - Residential land with mountain views in a golf community.
    Where is this land located?
    The property is located at 14 W Shimmering Sand Place lot 494 Oro Valley, AZ.
    What is the asking price?
    The asking price for this property is $248,810.
    What are key features of this property?
    This property features: Stunning Catalina & Tortolita Mountain Views; Located within the gates of Stone Canyon, a private golf community; Access to outstanding community amenities including a 19‑hole championship golf course, clubhouse, health & fitness center, tennis courts, family & lap pool
    (520) 390-0894
    We can help!
    Listing Contact
    Beth Hardwick
    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!