Sign Up Successful!
You now have access to more from Realmo!
    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

    Arizona Park Est Unit I --, Unit 266 Sanders, AZ 86512

    Sponsored
    For Sale
    Contact for pricing

    LAND - Sanders, AZ

    Lot size:
    1.15 Acres
    Days on Market:
    9
    Last Refresh:
    Feb 6 at 1:06 pm

    Property Features for Arizona Park Est Unit I --

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res
    APN
    207-26-266
    Lot size
    1.15 Acres

    We can help!

    Listing Contact
    Tamie Aguilera

    RE/MAX Fine Properties (480) 792-9500

    Listing agent Tamie Aguilera (928) 600-8708

    Listing date Jan 29, 2026

    MLS# 6975972 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.

    Learn more

    Property Insight Report

    Overview

    Arizona Land Parcel For Sale

    Located in Arizona Park Estates Unit 1 in Apache County, this 1.15-acre residential lot offers approximately 50,094 square feet of raw land. The property features wide-open space, high-desert scenery, and desert views at an elevation between 5,001 and 6,000 feet. Zoned for residential and agricultural use, the property allows for various potential uses, including a single-family home, manufactured or mobile home, RV use, or rural living. The lot has natural high-desert vegetation and a rectangular configuration. It is accessed via dirt roads, maintaining a peaceful feel. There are no HOA restrictions and no existing structures. No utilities are currently in place, providing buyers with a blank canvas for development. Located approximately 1 to 2 miles from US Highway 191, the property offers a balance of seclusion and accessibility. With very low annual taxes and flexible rural zoning, this property is suitable for investment, building, or securing land in northern Arizona. The property is offered individually or with a neighboring parcel for expanded acreage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sanders
    County
    Apache
    State
    Arizona
    Longitude
    -109.319442
    Latitude
    35.200221

    Nearby Similar for Sale

    • $320,000
      3,000 SF

      Sanders, AZ Commercial Opportunity

      Commercial building with apartment, warehouse, and highway frontage.
      36792 Us-191, Sanders, AZ 86512
      View Details
    • $175,000
      255.00 Acres

      255 Acres in Sanders, AZ

      255 acres with mountain views, ideal for ranch.
      255 Acres, Sanders, AZ 86512
      View Details
    • $385,000
      3,114 SF

      Versatile Commercial Meeting Hall

      Well-maintained meeting hall suitable for various events and gatherings.
      36809 Us-191, Sanders, AZ 86512
      View Details
    • Contact for pricing
      9,180 SF

      Freestanding Retail Building I-40 Frontage

      9,180 SF retail building on 1.23 acres for sale.
      339 S 191 Exit 339, Sanders, AZ 86512
      View Details
    • Contact for pricing
      9,180 SF

      9,180 SF Retail Opportunity

      9,180 SF retail property on 1.23 acres.
      36802 Highway 191, Sanders, AZ 86512
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.15-acre residential/agricultural lot in Apache County, Arizona.
    Where is this residential land & home lot located?
    The property is located at Arizona Park Est Unit I --, Unit 266 Sanders, AZ.
    What is the asking price?
    The asking price for this property is $7,499.
    What are key features of this property?
    This property features: - Large 1.15-acre residential lot offering ample space and privacy.; - Flexible residential/agricultural zoning allows for single-family homes, manufactured/mobile homes, RV use, or rural living.; - Located near US Highway 191, providing convenient access while maintaining a secluded feel.
    (928) 600-8708
    Request Owner's contact information
    Arizona Park Est Unit I --, Unit 266 Sanders, AZ 86512
    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.
    Arizona Park Est Unit I --, Unit 266
    Sanders, AZ 86512
    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
    Arizona Park Est Unit I --, Unit 266 Sanders, AZ 86512
    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
    Tamie Aguilera
    (928) 600-8708
    Learn more
    Google sign-in failed. Please try again or use another login method.