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

    975 S Water Canyon Rd Eagar, AZ 85925

    View on Map
    Sponsored
    For Sale
    $1,000,000

    LAND - Eagar, AZ

    Type:Single Family Residence
    Lot size:
    39.50 Acres
    Days on Market:
    18
    Last Refresh:
    Mar 9 at 7:06 pm

    Property Features for 975 S Water Canyon Rd

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Active
    APN
    104-29-002A
    Lot size
    39.50 Acres

    We can help!

    Listing Contact
    Katie Slone
    Katie Slone

    Keller Williams Realty Phoenix - Show Low (480) 769-9333

    Listing agent Katie Slone (480) 768-9333

    Listing date Feb 19, 2026

    MLS# 258443

    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

    39 Acres Near Big Lake

    This 39-acre property is located 8 miles from Big Lake, Arizona. The land provides access to fishing, camping, hiking, and off-roading opportunities. The property is suitable for ATV/UTV trail riding and is located near skiing and snow recreation areas in the White Mountains. The land is surrounded by open space and mountain views. It is suitable for building a cabin or getaway. The buyer has the option to purchase 8 acres or the entire 39.5 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Whitmore’s Garage Auto Repair Shop

    Suggested Use

    Building Supply Auto Repair Shop Hair Salon Hotel & Motel Food Market HVAC Service Car Rental Facility Daycare Center Travel Agency Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Eagar
    County
    Apache
    State
    Arizona
    Longitude
    -109.287745
    Latitude
    34.091543

    Nearby Similar for Sale

    • $375,000
      2,500 SF

      Commercial Building on Main Street

      Multi-use commercial building with spacious layout and ample parking.
      374 N Main St, Eagar, AZ 85925
      View Details
    • $650,000
      Pending

      Charming Triplex with Income Potential

      Well-maintained triplex in Eagar, AZ, offering income potential.
      55 E Central Ave, Eagar, AZ 85925
      View Details
    • $285,000
      11,680 SF

      Versatile Mixed-Use Commercial Property

      Commercial space with offices and living quarters on Main Street.
      26 S Main St, Eagar, AZ 85925
      View Details
    • $375,000
      2,500 SF

      Eagar Main Street Commercial Building

      Prime Commercial Space, High Visibility
      374 Main St, Eagar, AZ 85925
      View Details
    • $650,000
      7,712 SF

      Eagar Commercial Complex - Prime Location

      High-Occupancy Investment Opportunity in Eagar, AZ
      74 Main St, Eagar, AZ 85925
      View Details
    • $399,500
      4,730 SF

      Eagar Commercial Building - Main Street

      High-traffic corner lot, ideal for business.
      89 Main St, Eagar, AZ 85925
      View Details

    FAQs

    What type of property is this?
    Recreation land - Recreational land near Big Lake, Arizona, with mountain views.
    Where is this recreation land located?
    The property is located at 975 S Water Canyon Rd Eagar, AZ.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - 39-acre property, with an option to buy 8 acres, ideal for outdoor recreation; - Located just 8 miles from Big Lake, Arizona, offering fishing, camping, and boating opportunities; - Direct access to endless ATV/UTV trails
    (928) 242-6749
    Request Owner's contact information
    975 S Water Canyon Rd Eagar, AZ 85925
    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.
    975 S Water Canyon Rd
    Eagar, AZ 85925
    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
    975 S Water Canyon Rd Eagar, AZ 85925
    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
    Katie Slone
    Katie Slone
    (928) 242-6749 (480) 768-9333
    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!