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

    39688 N SERENE Ridge, Peoria, AZ 85383

    View on Map
    Claim this Listing
    For Sale
    $289,000

    LAND - Peoria, AZ

    Lot size:
    0.29 Acres
    Added:
    Dec 15, 2025
    Days on Market:
    159
    Last Refresh:
    May 23 at 6:06 pm

    Property Features for 39688 N SERENE Ridge

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    -
    Standard status
    Active
    APN
    503-99-577
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    LOT 11 RIDGE QUINTERO GOLF COUNTRY CLUB PHASE 1 MCR
    Tax Annual Amount
    70

    Utilities

    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Lois Campbell

    Listing agent Lois Campbell

    Listing office HomeSmart 17215 N 72nd Dr Bldg B Ste 115, Scottsdale, AZ

    Listing date Dec 15, 2025

    MLS# 6958373 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.

    HighLights

    • Lot with views of the golf course and the city.
    • Located in Quintero, offering a quiet and serene environment.
    • Opportunity to build a custom dream home.
    • Public Sewer Available.
    • Building is now possible as the City of Peoria is working with the golf course.
    • Prime time to buy.

    Overview

    This 0.29-acre lot in Peoria, AZ, offers an opportunity to build a custom home in the Quintero community. The property provides views of the golf course and the city. According to the listing, the City of Peoria is working with the golf course to facilitate home construction on these lots, presenting a potential opportunity for prospective buyers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Peoria
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.423119
    Latitude
    33.845507

    Nearby Similar for Sale

    • $899,900
      4,144 SF

      Peoria Assisted Living Facility

      Licensed assisted living business in Peoria, Arizona. Occupancy 100%.
      N 83 Avenue, Peoria, AZ 85383
      View Details
    • $450,000

      Peoria, AZ Hillside Lot

      Prime lot with mountain views in gated community.
      7423 W BROOKHART Way, Peoria, AZ 85383
      View Details
    • $745,000

      Peoria, AZ Land Opportunity

      Three lots available for development in Peoria, Arizona.
      9825 W Peoria Avenue, Peoria, AZ 85345
      View Details
    • $995,000

      Corner Lot Near 101 Freeway

      Corner lot near 101 Freeway, ideal for retail.
      9134 W PEORIA Avenue, Peoria, AZ 85345
      View Details
    • $824,900

      Peoria Land Parcel For Sale

      2.47 acre residential land in North Peoria, Arizona.
      113xx W Jomax Road, Peoria, AZ 85383
      View Details
    • $400,000

      Peoria Land with Desert Views

      1.147-acre lot with unobstructed desert and mountain views.
      000xx N 92ND Avenue, Peoria, AZ 85383
      View Details
    • $369,999

      Peoria, AZ Land For Sale

      3.09 acre commercial land available in Peoria, Arizona.
      W Westwind Drive, Peoria, AZ 85383
      View Details
    • $1,495,000
      2,846 SF

      Peoria Assisted Living Facility

      Turnkey assisted living facility in a desirable Peoria neighborhood.
      Peoria, AZ 85382
      View Details
    • $525,000

      Golf Course Homesite in Peoria

      Premier golf course homesite within Blackstone Country Club.
      30585 N SAGE Drive N, Peoria, AZ 85383
      View Details
    • $2,362,500

      Peoria Land with Mountain Views

      5 acre land parcel near Happy Valley Road in Peoria.
      N 73rd Avenue, Peoria, AZ 85383
      View Details
    • $799,000
      3,105 SF

      Flex Industrial Condo For Sale

      Flex industrial condo with freeway frontage, restrooms with showers.
      9299 W Olive Ave, Ste 203, Peoria, AZ 85345
      View Details
    • $3,056,900
      7,940 SF

      Medical Office Condo For Sale

      High-quality medical office condo in a thriving healthcare corridor.
      8877 West Union Hills Drive, Peoria, AZ, 85382
      View Details

    FAQs

    What type of property is this?
    Land - Land for dream home with golf course and city views.
    Where is this land located?
    The property is located at 39688 N SERENE Ridge Peoria, AZ.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: Lot with views of the golf course and the city.; Located in Quintero, offering a quiet and serene environment.; Opportunity to build a custom dream home.
    (623) 606-8075
    We can help!
    Listing Contact
    Lois Campbell
    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
    39688 N SERENE Ridge, Peoria, AZ 85383
    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!