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

    440 W Ponderosa Dr Snowflake, AZ 85937

    View on Map
    Sponsored
    Picture of Residential land & home lots at W Ponderosa Dr 440, Snowflake, AZ
    For Sale
    $65,000

    LAND - Snowflake, AZ

    Type:Single Family Residence
    Lot size:
    2.90 Acres
    Days on Market:
    6
    Last Refresh:
    Mar 10 at 8:06 pm

    Property Features for 440 W Ponderosa Dr

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    202-18-003L
    Lot size
    2.90 Acres

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Joseph E Holland

    White Mountain Realty - Vernon (928) 532-5000

    Listing agent Joseph E Holland (928) 532-5000

    Listing date Mar 4, 2026

    MLS# 259805 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.

    Learn more

    Property Insight Report

    Overview

    Snowflake, AZ Land Opportunity

    This 2.9-acre property is located in Snowflake, Arizona. The land is currently being surveyed for a split to be recorded prior to the close of escrow. Situated in the heart of Snowflake, the location is suitable for building either a weekend getaway or a primary residence. Snowflake is known for its small-town atmosphere and community celebrations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Snowflake
    County
    Navajo
    State
    Arizona
    Longitude
    -110.086206
    Latitude
    34.497366

    Nearby Similar for Sale

    • $1,600,000
      5,000 SF

      Retail Property in Snowflake, AZ

      Retail space specializing in firearms and shooting sports accessories.
      1362 E Snowflake Blvd, Snowflake, AZ 85937
      View Details
    • $320,000
      3,000 SF

      5.81 Acres with 3,000 SF Barn

      5.81-acre parcel with barn, near Main St in Snowflake.
      7545 E Sherwood Ln, Snowflake, AZ 85937
      View Details
    • $320,000
      3,000 SF

      5.81 Acres in Snowflake, AZ

      5.81-acre fenced parcel with barn, close to Snowflake Main Street.
      7545 E Sherwood Ln, Snowflake, AZ 85937
      View Details
    • $40,000
      36.00 Acres

      Snowflake, AZ - 36 Acre Land

      36 acres of fenced land ready for grazing animals.
      8400 N Terry Trl, Snowflake, AZ 85937
      View Details
    • $135,000
      10.14 Acres

      Secluded 10-Acre Property with Utilities

      10-acre property near Snowflake, AZ, with septic and solar.
      Clyde Rd, Snowflake, AZ 85937
      View Details
    • $700,000
      563.94 Acres

      Ranch Property with Breathtaking Views

      Unique ranch property in Snowflake, Arizona, featuring a caretaker's cabin.
      5744 Old Woodruff Rd, Snowflake, AZ 85937
      View Details
    • New
      $349,000
      120.01 Acres

      Arizona Land Ideal for Ranching

      120-acre property perfect for ranching, homesteading, or off-grid living.
      9572 Old School Bus Trl, Snowflake, AZ 85937
      View Details
    • $649,000
      3.37 Acres

      Snowflake Land with Income Potential

      3.37 acres with multi-family zoning and mini-storage facility.
      1st S 1St St W, Snowflake, AZ 85937
      View Details
    • Contact for pricing
      2.36 Acres

      Land in Snowflake, Arizona

      Secluded land near White Mountains, suitable for various uses.
      3845 Apache Rd, Snowflake, AZ 85937
      View Details
    • $2,445,000
      6,283 SF

      Prime Snowflake Commercial Space

      6,283 SF Commercial Building, 0.51 Acres
      161 Main St, Snowflake, AZ 85937
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.9 acres in Snowflake, Arizona, ideal for residential development.
    Where is this residential land & home lot located?
    The property is located at 440 W Ponderosa Dr Snowflake, AZ.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - 2.9 acres of land.; - Surveyed for a split prior to close of escrow (COE).; - Great location in the heart of Snowflake.
    (928) 243-8701
    Request Owner's contact information
    440 W Ponderosa Dr Snowflake, AZ 85937
    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.
    440 W Ponderosa Dr
    Snowflake, AZ 85937
    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
    440 W Ponderosa Dr Snowflake, AZ 85937
    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

    We can help!
    Listing Contact
    Joseph E Holland
    (928) 243-8701 (928) 532-5000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!