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

    860 Road 1 S Chino Valley, AZ 86323

    View on Map
    Sponsored
    For Sale
    $6,750,000

    MULTI_FAMILY - Chino Valley, AZ

    Lot size:
    4.82 Acres
    Days on Market:
    8
    Last Refresh:
    Mar 23 at 4:06 pm

    Property Features for 860 Road 1 S

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CL
    Rooms
    Bathroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 5, Bedroom 4, Bathroom 5, Bedroom 3, Bathroom 2
    Bedrooms
    5
    Bathrooms
    5
    Exterior features
    Fence, Laundry Facilities, Balcony, Storage, Sprinkler/Drip
    Fencing
    Fenced
    Lot size
    4.82 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Natural Gas
    Cooling system
    Gas (Cooling), Ceiling Fan(s), Central Air
    Water source
    Private

    Building Details

    Year built
    2004
    Number of units
    48
    Flooring type
    Laminate, Tile, Vinyl, Carpet
    Building materials
    Frame, Stucco
    Roof type
    Asphalt
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Karen Klabacha

    Arizona Property Brokerage

    Listing agent Karen Klabacha

    Listing date Mar 16, 2026

    MLS# 1078641

    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.

    Learn more

    Property Insight Report

    Overview

    Mixed-Use Property in Chino Valley

    This mixed-use property, located in the center of town, features a multi-family residential area and commercial buildings. The property is currently 100% occupied and benefits from excellent property management. The commercial component includes two buildings, each containing three office spaces. Attached to the rear of these office spaces are nine storage units, accessible via both internal doors and exterior rollup doors, and finished with sheetrock and lighting. The gated residential area comprises six duplexes, each with an attached one-car garage, back patio, and fenced yard. Additionally, there are three triplexes, each featuring one bedroom, one bathroom, a storage room, a back patio, and a fenced yard. These units were constructed in 2004 and received new roofs in 2018. The property also includes three fourplexes, built in 2018, with upgraded interiors. A large common laundry room serves the complex. Each unit is separately metered for water and gas. The property operates its own private water company and is connected to the town sewer system. The property is situated on a 4.82-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Holliday Properties & Development Construction Company

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chino Valley
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.463912
    Latitude
    34.739208

    Nearby Similar for Sale

    • $585,000
      2.31 Acres

      Two Homes on 2.31 Acres

      Two homes on one parcel, perfect for rental income.
      905 Johnson Ln, Chino Valley, AZ 86323
      View Details
    • New
      $6,750,000

      Mixed-Use Property in Chino Valley

      Multi-family mixed-use property with commercial, storage, and residential units.
      860 W Road 1 S --, Chino Valley, AZ 86323
      View Details
    • New
      $6,750,000
      4.82 Acres

      Mixed-Use Property in Chino Valley

      Multi-family mixed-use property with commercial and residential units.
      860 W Road 1 S, Chino Valley, AZ 86323
      View Details
    • $1,550,000
      4.59 Acres

      Entitled Storage Facility on 4.59 Acres

      200-unit outdoor storage facility on 4.59 acres in Chino Valley.
      1468 N State Route 89, Chino Valley, AZ 86323
      View Details
    • Contact for pricing

      Chino Valley Warehouse Opportunity

      Five buildings on 4.06 acres with highway frontage.
      3707 N State Route 89, Chino Valley, AZ 86323
      View Details
    • Contact for pricing
      36,210 SF

      Whispering Winds: Chino Valley, AZ

      Mixed-use complex, 48 units, high occupancy
      860 Road 1, Chino Valley, AZ 86323
      View Details
    • $495,000
      5,500 SF

      Chino Valley Warehouse For Sale

      5,500 SF warehouse divisible to 2,100 SF available.
      3651 Az-89, Chino Valley, AZ
      View Details
    • $495,000
      5,500 SF

      Chino Valley Flex/Industrial Building

      5,500 SF flex/industrial building in Chino Valley, Arizona.
      3627 Az 89, Chino Valley, AZ
      View Details
    • $395,000
      1,800 SF

      Chino Valley Industrial Property

      1,800 SF building on approximately 1.16 acres for sale.
      3707 Az-89, Chino Valley, AZ
      View Details
    • Contact for pricing
      18,360 SF

      Chino Valley Warehouse For Sale

      18,360 SF warehouse divisible to 4,800 SF available.
      3699 Az 89, Chino Valley, AZ
      View Details
    • Contact for pricing
      16,250 SF

      Chino Valley Warehouse For Sale

      16,250 SF warehouse divisible to 3,750 SF available.
      3627-3651 Az-89, Chino Valley, AZ
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Multi-family mixed-use property with commercial, storage, and residential units.
    Where is this mixed-use property located?
    The property is located at 860 Road 1 S Chino Valley, AZ.
    What is the asking price?
    The asking price for this property is $6,750,000.
    What are key features of this property?
    This property features: - 100% Occupied Multi-Family Mixed Use Property; - Features a mix of commercial spaces (office & storage) and residential units (duplexes, triplexes, and fourplexes); - Gated residential area with garages, patios, and fenced yards
    (928) 273-0456
    Request Owner's contact information
    860 Road 1 S Chino Valley, AZ 86323
    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.
    860 Road 1 S
    Chino Valley, AZ 86323
    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
    860 Road 1 S Chino Valley, AZ 86323
    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
    Karen Klabacha
    Real Estate License ID: SA532438000
    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!