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

    21495 W RYLEE NICOLE Lane unit 5 Congress, AZ 85332

    View on Map
    For Sale
    $45,000

    LAND - Congress, AZ

    Lot size:
    1.28 Acres
    Added:
    May 21, 2025
    Days on Market:
    316
    Last Refresh:
    Apr 1 at 4:06 am

    Property Features for 21495 W RYLEE NICOLE Lane unit 5

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    pad
    Standard status
    Active
    APN
    201-17-286
    Lot size
    1.28 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxDescription
    LOT 5 ANTELOPE CREEK PHASE 1 BOOK 58 PAGE 3
    TaxAnnualAmount
    72

    We can help!

    Listing Contact
    Melanie A Lakovich
    Melanie A Lakovich

    Listing agent Melanie A Lakovich License #SA691552000

    Listing office HomeSmart 8388 E Hartford Dr #100, Scottsdale, AZ

    Listing date May 21, 2025

    MLS# 6869613 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

    Land in Revitalizing Congress, AZ

    This 1.28-acre lot is located in Congress, Arizona, a small town rich in history and natural beauty. The community is transitioning from a mining hub to a peaceful residential area. The lot offers tranquil desert living and is located in an up-and-coming community. Its proximity to Wickenburg allows residents access to amenities in the neighboring town.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Congress
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.832056
    Latitude
    34.109379

    Nearby Similar for Sale

    • $395,000

      Highway Frontage Multi-Zone Parcel

      7.67 acres with residential and commercial zoning.
      22055 W Sunrise Road, Congress, AZ 85332
      View Details
    • $375,000

      Congress, AZ - 4 Acre Land

      4-acre parcel bordering BLM land, ideal for equestrian facilities.
      W Hawkeye Road unit: 7, Congress, AZ 85332
      View Details
    • $69,900

      Arizona Land with Seller Financing

      10.01 acres of land with seller financing available.
      44B W Traveler Way unit: 44B, Congress, AZ 85332
      View Details
    • $65,000

      Commercial Land in Congress, AZ

      0.31-acre commercial land parcel with highway access in Congress, AZ.
      26730 S Grandview Drive E unit: A, Congress, AZ 85332
      View Details
    • $79,900

      Congress, AZ Land For Sale

      16.08 acres of land between Wickenburg and Prescott.
      44C W Traveler Way unit: 44C, Congress, AZ 85332
      View Details
    • $315,000

      8-Acre Fenced Land Parcel

      8-acre land, fenced, shared well, electricity nearby, ready to build.
      Xx00 W Saguaro Hill Trail, Congress, AZ 85332
      View Details
    • $149,900

      Vacant Lot in North Ranch

      Quarter-acre lot with dual access and owner financing.
      30654 SUN RIDER Way unit: 101, Congress, AZ 85332
      View Details
    • $149,900

      Land in North Ranch Community

      Quarter-acre lot with dual access in active adult community.
      30654 Sun Rider Way, Congress, AZ 85332
      View Details
    • $378,000

      8.27 Acres Ranch Land

      Prime land to build your dream ranch in Congress, AZ.
      Buck Stitch Road unit: 4, Congress, AZ 85332
      View Details
    • $378,000

      8.27 Acres Ranch Land

      Prime land to build your dream ranch in Congress, AZ.
      Buck Stitch Road, Congress, AZ 85332
      View Details
    • $522,000

      Congress, AZ Horse Property

      18-acre horse property with Congress Water access.
      SW Slick Fork Trail unit: 3, Congress, AZ 85332
      View Details
    • $185,000

      Pristine Desert Land Bordering State Land

      36 acres of desert land near Wickenburg and Prescott.
      W Traveler Way lot: 46, Congress, AZ 85332
      View Details

    FAQs

    What type of property is this?
    Commercial land - Land in a historic town with natural beauty.
    Where is this commercial land located?
    The property is located at 21495 W RYLEE NICOLE Lane unit 5 Congress, AZ.
    What is the asking price?
    The asking price for this property is $45,000.
    What are key features of this property?
    This property features: Beautiful lot in an up and coming community.; Proximity to Congress, Arizona, rich in history and natural beauty.; Unique blend of Old West heritage and tranquil desert living.
    (602) 803-1237
    We can help!
    Listing Contact
    Melanie A Lakovich
    Melanie A Lakovich
    Real Estate License ID: SA691552000
    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!