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

    3965 N Robert Road Prescott Valley, AZ 86314

    View on Map
    Claim this Listing
    Pending
    $650,000

    MULTI_FAMILY - Prescott Valley, AZ

    Lot size:
    0.25 Acres
    Added:
    Oct 22, 2025
    Days on Market:
    187
    Last Refresh:
    Apr 26 at 4:06 pm

    Property Features for 3965 N Robert Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    multi
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 6, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Exterior features
    Balcony
    Standard status
    Pending
    APN
    419
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    PRESCOTT VALLEY #2 LOT 419
    Tax Annual Amount
    400

    Utilities

    Utilities
    Cable Available
    Heating system
    Electric (Heating), Zoned, Heat Pump (Heating)
    Cooling system
    Ductless, Zoned, Central Air
    Water source
    Public

    Building Details

    Year built
    2025
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Frame
    Roof type
    Asphalt

    We can help!

    Listing Contact
    Sonny Lee Ledgerwood
    Sonny Lee Ledgerwood

    Listing agent Sonny Lee Ledgerwood License #SA644167000

    Listing office Realty Executives Arizona Territory 1401 Prescott Lakes PKW, Phoenix, AZ

    Listing date Oct 22, 2025

    MLS# 1077296 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

    New Duplex in Prescott Valley

    This is a finished 2-story duplex located in Prescott Valley, Arizona. Each unit features 3 bedrooms, 2 full bathrooms, and 1 powder room. Each unit also includes a single-car garage. All utilities are separate for each unit. The kitchens and bathrooms are equipped with granite countertops. Stainless steel appliances and brushed nickel fixtures, including plumbing fixtures, are installed throughout. The flooring consists of luxury vinyl tile. The property is a new build and comes with a warranty. The lot size is 0.25 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Prescott Valley
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.32097
    Latitude
    34.600293

    Nearby Similar for Sale

    • $595,000

      Professional Office Building, Prescott Valley

      Move-in-ready office building in a visible Prescott Valley location.
      3681 N Robert Road, Prescott Valley, AZ 86314
      View Details
    • $350

      Refined Office Suite in Prescott

      Ready-to-lease workspace in a highly desirable location.
      8556 E State Route 69, Prescott Valley, AZ 86314
      View Details
    • $699,000

      Prescott Valley Duplex on Large Lot

      Duplex with solar, updated unit, and development potential.
      4501 N Jokake Circle, Prescott Valley, AZ 86314
      View Details
    • $520,000

      Prescott Valley Duplex Opportunity

      Well-maintained duplex in central Prescott Valley with solid rental history.
      8501 E Leigh Drive, Prescott Valley, AZ 86314
      View Details
    • $4,000,000

      Equipped Greenhouse Facility in Prescott

      Turnkey greenhouse facility for commercial cultivation or agricultural operations.
      10282 E Valley Road, Prescott Valley, AZ 86314
      View Details
    • $530,900

      Prescott Valley Duplex For Sale

      Duplex in great location with excellent rental history.
      7076 E Spouse Drive, Prescott Valley, AZ 86314
      View Details
    • $525,000

      Prescott Valley Duplex Investment Opportunity

      Well-maintained duplex near shopping, schools, and entertainment district.
      8348 E Stevens Drive, Prescott Valley, AZ 86314
      View Details
    • $675,000

      Turnkey Prescott Valley 4-Plex Investment

      Well-maintained, fully occupied 4-unit multifamily property with immediate income.
      7980 E Lakeshore Drive, Prescott Valley, AZ 86314
      View Details
    • $999,000

      Well-Maintained Prescott Valley Fourplex

      Four 3-bedroom units with yards and garages in Prescott Valley.
      8849 Len Court, Prescott Valley, AZ 86314
      View Details
    • $469,900

      Prescott Valley Duplex Investment Opportunity

      Duplex in Prescott Valley with large lot and garages.
      3055 N Corrine Drive, Prescott Valley, AZ 86314
      View Details
    • $449,900

      Prescott Valley Duplex Investment Opportunity

      Well-maintained duplex in desirable location with income potential.
      7174 E Thrush Lane, Prescott Valley, AZ 86314
      View Details
    • $499,000

      Prescott Valley Triplex Investment Opportunity

      Well-maintained triplex in central Prescott Valley with income and growth potential.
      2996 N Truwood Drive, Prescott Valley, AZ 86314
      View Details

    FAQs

    What type of property is this?
    Duplex - Finished 2-story duplex with separate utilities and single-car garages.
    Where is this duplex located?
    The property is located at 3965 N Robert Road Prescott Valley, AZ.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: New construction (2025) with warranty; Finished 2‑story duplex with two 3‑bedroom, 2.5‑bath units; Separate utilities for each unit
    (928) 777-0077
    We can help!
    Listing Contact
    Sonny Lee Ledgerwood
    Sonny Lee Ledgerwood
    Real Estate License ID: SA644167000
    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!