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

    3377 Mogollon Drive Overgaard, AZ 85933

    View on Map
    Claim this Listing
    For Sale
    $35,000

    LAND - Overgaard, AZ

    Type:Single Family Residence
    Lot size:
    0.22 Acres
    Added:
    Jun 24, 2025
    Days on Market:
    297
    Last Refresh:
    Apr 16 at 6:06 am

    Property Features for 3377 Mogollon Drive

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    206-11-273
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Description
    ZANE GREY ACRES #4 LOT 277

    Utilities

    Utilities
    Electricity Available

    We can help!

    Listing Contact
    Derek Chisam
    Derek Chisam

    Listing agent Derek Chisam License #SA657900000

    Listing office West USA Realty - Heber 1824 Arizona Hwy 260 Ste A, Phoenix, AZ

    Listing date Jun 24, 2025

    MLS# 256699 Listing URL

    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.

    Overview

    Residential Land in Overgaard, Arizona

    This .22 acre lot in Overgaard, Arizona, is suitable for building a home or placing a manufactured home. The property benefits from available water and power, as well as paved road access. The property is not subject to HOA restrictions, offering flexibility for development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Storage Facility Discount Store Electrical Service Catering Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Overgaard
    County
    Navajo
    State
    Arizona
    Longitude
    -110.553
    Latitude
    34.3906

    Nearby Similar for Sale

    • $293,000
      1,200 SF

      Versatile Commercial Property on Highway 260

      Commercial property with residential zoning and highway frontage.
      1898 State Route 260, Overgaard, AZ 85933
      View Details
    • $555,000
      880 SF

      Highway Frontage Land with Cabin

      Residential and commercial land with highway frontage and rustic cabin.
      3091 AZ-277, Overgaard, AZ 85933
      View Details
    • $75,000

      Overgaard Commercial Land For Sale

      Prime commercial land on Hwy 260 in Overgaard, Arizona.
      2261 State Route 260, Overgaard, AZ 85928
      View Details
    • $129,900

      Overgaard Land Parcel For Sale

      1.94 acre parcel in Overgaard, build your dream cabin!
      Country Club Drive, Overgaard, AZ 85933
      View Details
    • $149,900

      Overgaard Land with No HOA

      2.03 acres in Overgaard, AZ, with utilities and paved access.
      2230 Country Club Drive, Overgaard, AZ 85933
      View Details
    • $36,500

      Overgaard Land with Views

      Over half acre lot with utilities and septic system.
      1971 Bradley Lane, Overgaard, AZ 85933
      View Details
    • $200,000

      Overgaard Land with No HOA

      1.25 acre homes-only parcel near US National Forest.
      2968 CONSTELLATION 029 Lane, Overgaard, AZ 85933
      View Details
    • $200,000

      Overgaard Land Near National Forest

      1.25-acre parcel near US National Forest in Overgaard, AZ.
      2968 CONSTELLATION 028 Lane, Overgaard, AZ 85933
      View Details
    • $99,900

      Picturesque Acre in Overgaard, Arizona

      1-acre property perfect for a mountain home in Overgaard.
      3673 Pine Rim Drive, Overgaard, AZ 85933
      View Details
    • $110,000

      Versatile Commercial/Residential Land Parcel

      Large, level 1.76-acre lot with utilities in Bison Ranch.
      2310 Quarter Horse Trail, Overgaard, AZ 85933
      View Details
    • $67,777

      Residential Lot in Mogollon Airpark

      Residential lot near shopping, dining, and community amenities.
      2794 SKYHAWK Drive, Overgaard, AZ 85933
      View Details
    • $85,000

      Land in Heber-Overgaard, AZ

      0.87-acre lot, perfect to build your dream home.
      Cedar Bark Trail Parcel #4 --, Overgaard, AZ 85933
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Ready-to-build .22 acre lot with utilities and paved roads.
    Where is this residential land & home lot located?
    The property is located at 3377 Mogollon Drive Overgaard, AZ.
    What is the asking price?
    The asking price for this property is $35,000.
    What are key features of this property?
    This property features: Ready‑to‑build .22 acre lot; No HOA; Water and power available
    (480) 390-6393
    We can help!
    Listing Contact
    Derek Chisam
    Derek Chisam
    Real Estate License ID: SA657900000
    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!