Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lakeside Commercial Land Opportunity Title is generated by Realmo AI

    2457 N Porter Mountain Road, Lakeside, AZ 85929

    View on Map
    Claim this Listing
    For Sale
    $980,000

    COMMERCIAL - Lakeside, AZ

    Property size:
    435,600 SF
    Lot size:
    10.00 Acres
    Price / SF:
    $2/SF
    Added:
    Mar 6, 2025
    Days on Market:
    450
    Last Refresh:
    May 30 at 11:06 am

    Property Features for 2457 N Porter Mountain Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    212-26-116
    Size
    435,600 SF
    Lot size
    10.00 Acres

    Taxes and HOA fees

    Tax Description
    CLO
    Tax Annual Amount
    2331

    We can help!

    Listing Contact
    Corina Ducharme

    Listing agent Corina Ducharme License #BR520738000

    Listing office Frank M. Smith & Associates - Main 4756 Buck Springs Road, Pinetop, AZ

    Listing date Mar 6, 2025

    MLS# 254842

    Copyright © 2026 White Mountain 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.

    HighLights

    • 10‑acre parcel in Pinetop‑Lakeside with commercial‑residential/special development zoning.
    • Great potential for development due to proximity to schools, shopping, and great visibility.
    • Utilities available: electric, gas, and sewer.
    • Complete set of engineering/building plans for a 151‑unit apartment complex available.
    • Survey plat available.
    • Additional 6 acres available for purchase, offering a total of 16 acres.

    Overview

    This is a 10-acre commercial real estate parcel located in the heart of Pinetop-Lakeside, Arizona. The property is zoned Commercial-Residential/Special Development and offers significant potential for various types of development due to its close proximity to schools and shopping, as well as its high visibility. Utilities including electric, gas, and sewer are available. The 10 acres include the following parcels: 212-26-116, 212-26-084A, 212-70-998, 212-70-997, and 212-70-999. A complete set of engineering and building plans for a 151-unit apartment complex is available. There is an additional 6 acres available for sale, offering the opportunity to own a total of 16 acres. A survey plat is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeside
    County
    Navajo
    State
    Arizona
    Longitude
    -109.971147
    Latitude
    34.162561

    Nearby Similar for Sale

    • $449,900
      1,706 SF

      Highway Frontage Commercial Opportunity

      Commercial property with highway frontage in Pinetop-Lakeside, Arizona.
      182 W White Mountain Boulevard, Lakeside, AZ 85929
      View Details
    • $1,700,000
      22,811 SF

      Lakeside Commercial Property on White Mountain

      Premier commercial property with highway frontage and operational infrastructure.
      1878 W White Mountain Boulevard, Lakeside, AZ 85929
      View Details
    • $672,000
      4,867 SF

      Lakeside Office Building with Garage

      Centrally located office building with fenced yard and garage.
      5805 Wagon Wheel Lane, Lakeside, AZ 85929
      View Details
    • $1,350,000
      2,516 SF

      Lakeside Multifamily Investment Opportunity

      Multi-unit apartment with income potential in the White Mountains.
      1897 W White Mountain Boulevard, Lakeside, AZ 85929
      View Details
    • $449,850
      2,375 SF

      Lakeside Duplex on White Mountain

      Remodeled duplex in downtown Lakeside with highway frontage.
      1624 W White Mountain Boulevard, Lakeside, AZ 85929
      View Details
    • $1,429,000
      5,000 SF

      Established Restaurant on Main Thoroughfare

      Thriving restaurant with loyal clientele and consistent revenue.
      348 W White Mountain Boulevard, Lakeside, AZ 85929
      View Details
    • $95,000
      2,761 SF

      Residential Land in Lakeside, Arizona

      Homesite with improvements and ready-to-transfer plans in Starlight Ridge.
      6994 Leo Lane, Lakeside, AZ 85929
      View Details
    • $335,000

      Lakeside Commercial Land Available

      Prime downtown Lakeside property with highway frontage and utilities available.
      21230027B W White Mountain Blvd, Lakeside, AZ 85929
      View Details
    • $175,000

      Lakeside Homesite: Build Your Dream

      Beautiful 1.29 acre homesite in desirable Lakeside location.
      5222 High Drive, Lakeside, AZ 85929
      View Details
    • $595,000

      Lakeside Equestrian/Redevelopment Opportunity

      6.02 acre property with equestrian facilities and redevelopment potential.
      1321 S Woodland Road, Lakeside, AZ 85929
      View Details
    • $59,000
      1,500 SF

      Lakeside, AZ Half-Acre Homesite

      Half-acre homesite in Lakeside, Arizona, surrounded by tall pines.
      5735 Starlight Ridge Road, Lakeside, AZ 85929
      View Details
    • $109,000

      Lakeside, AZ Corner Lot

      0.48-acre corner lot in Country Ridge Estates, Lakeside, AZ.
      5961 E STARLIGHT RIDGE Road, Lakeside, AZ 85929
      View Details

    FAQs

    What type of property is this?
    Commercial land - Large commercial land parcel in Pinetop-Lakeside, Arizona.
    Where is this commercial land located?
    The property is located at 2457 N Porter Mountain Road Lakeside, AZ.
    What is the asking price?
    The asking price for this property is $980,000.
    What are key features of this property?
    This property features: 10‑acre parcel in Pinetop‑Lakeside with commercial‑residential/special development zoning.; Great potential for development due to proximity to schools, shopping, and great visibility.; Utilities available: electric, gas, and sewer.
    (928) 242-1821
    We can help!
    Listing Contact
    Corina Ducharme
    Real Estate License ID: BR520738000
    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
    2457 N Porter Mountain Road, Lakeside, AZ 85929
    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!