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

    16135 W Rolling Hills Way Kirkland, AZ 86332

    View on Map
    Claim this Listing
    For Sale
    $105,000

    LAND - Kirkland, AZ

    Lot size:
    2.12 Acres
    Added:
    Jun 14, 2024
    Days on Market:
    684
    Last Refresh:
    Apr 28 at 11:06 pm

    Property Features for 16135 W Rolling Hills Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1L-2A
    Standard status
    Active
    APN
    11
    Lot size
    2.12 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    LOT 11 ROLLING HILLS BOOK 35 PAGE 44
    Tax Annual Amount
    169

    We can help!

    Listing Contact
    Karen John

    Listing agent Karen John License #SA679750000

    Listing office Superlative Realty 3623 Crossings Dr. Suite 105, Prescott, AZ

    Listing date Jun 14, 2024

    MLS# 1065330 Listing URL

    Copyright © 2026 Prescott Area 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.

    Overview

    Kirkland Land with Mountain Views

    Two parcels are being sold together in the Rolling Hills subdivision of Kirkland. The combined lots cover over 4 acres and offer panoramic views of the surrounding mountains and plains. Only site-built homes are permitted on these lots. The zoning is R1L-2A. One lot is 2.12 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Kirkland
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.899
    Latitude
    34.4627

    Nearby Similar for Sale

    • $449,995

      Kirkland, AZ 50-Acre Land Parcel

      50.25 acres in Kirkland, Arizona with agricultural potential.
      0xxxxxx W Founders Trail, Kirkland, AZ 86332
      View Details
    • $184,400

      Kirkland Land with Utilities Ready

      5-acre lot with well, septic, electric, and house pad.
      17545 W BUCKHORN Drive, Kirkland, AZ 86332
      View Details
    • $79,000

      Kirkland Acreage with Steel Building

      1.37-acre parcel with steel building near Prescott.
      7320 W Veda Lane, Kirkland, AZ 86332
      View Details
    • $69,500

      Kirkland Land with Mountain Views

      Two-acre lot in Pinon Estates with utilities and perc test.
      17424 S Juniper Drive, Kirkland, AZ 86332
      View Details
    • $124,900

      Kirkland Land with Outstanding Views

      2.07 acre property with views and building possibilities.
      17587 S TAWNY Lane, Kirkland, AZ 86332
      View Details
    • $150,000

      Kirkland Acreage with Tiny Home

      18.98 acres with unfinished off-grid tiny home.
      19250 Model Creek Road, Kirkland, AZ 86332
      View Details
    • $54,000

      Land with Mountain Views

      2.04 acre lot with utilities, horses OK, no HOA.
      7565 W Derry Drive, Kirkland, AZ 86332
      View Details
    • $39,000

      Kirkland Land in Thunderbird Meadows

      0.98-acre lot in Thunderbird Meadows development, utilities available.
      9365 S Steven Trail, Kirkland, AZ 86332
      View Details
    • $89,900

      Land with Mountain and River Views

      Four acre parcel with Hassayampa River and Bradshaw Mountain views.
      S Walnut Grove Rd (Lot3a-3), Kirkland Junction, AZ 86332
      View Details
    • $325,000

      Kirkland Land Bordering National Forest

      10 acres with well, septic, power, and national forest access.
      7025 W Wexford Drive, Kirkland, AZ 86332
      View Details
    • $89,900

      Kirkland Junction Land Parcel

      4.66 acre parcel with mountain and river views.
      S Walnut Grove Rd (Lot 3a-4), Kirkland Junction, AZ 86332
      View Details
    • $150,000

      Land with Boulder Formations

      Scenic 36.1-acre land with trees, boulders, and seasonal creek.
      S Drifter Trail, Kirkland, AZ 86332
      View Details

    FAQs

    What type of property is this?
    Land - Two parcels totaling over 4 acres with panoramic views.
    Where is this land located?
    The property is located at 16135 W Rolling Hills Way Kirkland, AZ.
    What is the asking price?
    The asking price for this property is $105,000.
    What are key features of this property?
    This property features: Two parcels totaling over 4 acres; Scenic, panoramic views of surrounding mountains and plains; Located in the Rolling Hills subdivision
    (928) 830-7557
    We can help!
    Listing Contact
    Karen John
    Real Estate License ID: SA679750000
    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!