Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Highway Frontage Land in Fredonia Title is generated by Realmo AI

    17 26 HWY 389, Fredonia, AZ 86022

    View on Map
    Claim this Listing
    For Sale
    $1,165,000

    Vacant Land - Fredonia, AZ

    Lot size:
    46.60 Acres
    Added:
    Sep 22, 2025
    Days on Market:
    258
    Last Refresh:
    Jun 6 at 10:06 pm

    Property Features for 17 26 HWY 389

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Agricultural,Horse Property
    Exterior features
    View of Mountains
    Standard status
    Active
    APN
    405-41-017,405-41-02
    Lot size
    46.60 Acres

    Taxes and HOA fees

    Tax Annual Amount
    372

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Shanell Heely

    Listing agent Shanell Heely License #SA698628000

    Listing office Mustang Realty LLC 18 N 10th Ave, Page, AZ

    Listing date Sep 22, 2025

    MLS# 1501053 Listing URL

    Copyright © 2026 Fredonia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 46.6 acres comprised of two parcels, offering significant size and flexibility.
    • Approximately 1,808 feet of direct frontage on Highway 389, providing high visibility.
    • Zoned agricultural with existing city water connection.
    • Ideal location along the gateway corridor to Kanab, Lake Powell, and the North Rim of the Grand Canyon.
    • Multiple entry possibilities enhancing accessibility.
    • Suitable for various commercial ventures.

    Overview

    This 46.6-acre property, consisting of two parcels, is located in Fredonia, Arizona. The land borders Highway 389 and features approximately 1,808 feet of direct highway frontage. Zoned agricultural, the property has a city water connection. It is positioned along the gateway corridor to Kanab, Lake Powell, and the North Rim of the Grand Canyon, ensuring traffic from both local and tourist sources. The property is suitable for a retail hub, service station, storage facility, or future mixed-use project. The location provides access for business development. The property offers acreage for expansion, multiple entry possibilities, and the flexibility of two separate parcels. It is an investment opportunity for developers, entrepreneurs, or those seeking to establish a commercial presence in Northern Arizona.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Fredonia
    County
    Coconino
    State
    Arizona
    Longitude
    -112.5518357
    Latitude
    36.9382243

    Nearby Similar for Sale

    • $980,000
      10,168 SF

      Fredonia Commercial Property on 3.61 Acres

      Versatile commercial property with lodging, dining, and development potential.
      465 S Main St, Fredonia, AZ 86022
      View Details
    • $650,000
      6,868 SF

      Fredonia Restaurant and Event Venue

      Established restaurant and event venue on 1.26 acres.
      2633 N US Highway 89A, Fredonia, AZ 86022
      View Details
    • $320,000

      Corner Lot on Main Street

      2.81-acre residential/commercial lot in Fredonia, Arizona.
      285 N Main St, Fredonia, AZ 86022
      View Details
    • $150,000

      Land Parcel in Fredonia, AZ

      2.5 acre vacant land parcel in Fredonia, Arizona.
      S Second West #2, Fredonia, AZ 86022
      View Details
    • $140,000

      Land Parcel in Fredonia, Arizona

      2.5-acre vacant land parcel in Fredonia, Arizona.
      S Second West #3, Fredonia, AZ 86022
      View Details
    • $90,000

      Versatile Lot in Fredonia, Arizona

      1.6-acre lot ideal for custom home or hobby farm.
      285 W Pratt St, Fredonia, AZ 86022
      View Details
    • $150,000

      Land Parcel in Fredonia, AZ

      2.5 acre vacant land parcel in Fredonia, Arizona.
      S Second West #4, Fredonia, AZ 86022
      View Details
    • $320,000

      Prime Commercial Land, Fredonia, AZ

      High-visibility 2.81-acre corner lot in growing tourist area.
      285 N Main St, Fredonia, AZ 86022
      View Details
    • $350,000

      Prime Commercial Land on Highway

      14.43 acres with highway frontage near Grand Canyon.
      HWY 389, Fredonia, AZ 86022
      View Details
    • $2,343,582
      10,542 SF

      New Dollar General Build-to-Suit

      New 10,542 SF Dollar General in Fredonia, Arizona.
      15 E Pat Dr, Fredonia, AZ
      View Details
    • $1,180,000

      Highway Frontage Development Opportunity

      118.6 acres with development potential in Fredonia, Arizona.
      HWY89A, Fredonia, AZ 86022
      View Details
    • $148,000

      Remote Land Parcel Near Fredonia

      40-acre parcel perfect for an off-grid retreat.
      White Sage Flat 601-21-001R, Fredonia, AZ 86022
      View Details

    FAQs

    What type of property is this?
    Land - 46.6 acres with highway frontage, ideal for commercial development.
    Where is this land located?
    The property is located at 17 26 HWY 389 Fredonia, AZ.
    What is the asking price?
    The asking price for this property is $1,165,000.
    What are key features of this property?
    This property features: 46.6 acres comprised of two parcels, offering significant size and flexibility.; Approximately 1,808 feet of direct frontage on Highway 389, providing high visibility.; Zoned agricultural with existing city water connection.
    (435) 819-9095
    We can help!
    Listing Contact
    Shanell Heely
    Real Estate License ID: SA698628000
    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

    Thank You for Inquiry
    17, 26 HWY 389, Fredonia, AZ 86022
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!