Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    Berry Way Salome, AZ 85348

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Salome, AZ

    Lot size:
    0.19 Acres
    Added:
    Aug 12, 2025
    Days on Market:
    263
    Last Refresh:
    May 1 at 4:06 pm

    Property Features for Berry Way

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    304-78-156
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    SUBDIVISION: CASTLE LAKES UNIT 2 LOT: 739 SECTION: 22 TOWNSHIP: 5N RANGE: 13W
    Tax Annual Amount
    40

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    The Modern Desert Real Estate Group

    Listing agent The Modern Desert Real Estate Group License #SA661681000

    Listing office Keller Williams Arizona Living Realty 135 Park Avenue, Lake Havasu City, AZ

    Listing date Aug 12, 2025

    MLS# 1036714 Listing URL

    Copyright © 2026 Lake Havasu 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.

    Overview

    Residential Land in Salome, Arizona

    Located in Castle Lakes Subdivision, these lots offer potential for desert living. The location is near medical facilities, dining, lodging, and fuel. Combine neighboring parcels to create a custom haven. The property offers a balance of opportunity and tranquility. The lot size is 0.19 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Salome
    County
    La Paz
    State
    Arizona
    Longitude
    -113.608691
    Latitude
    33.752962

    Nearby Similar for Sale

    • $149,000
      1,120 SF

      Highway 60 Commercial Property

      Commercial property on Highway 60 with multiple rooms and amenities.
      66599 Highway 60, Salome, AZ 85348
      View Details
    • $300,000
      4,617 SF

      Renovated Commercial Building on Highway

      Renovated commercial building in Salome, Arizona, with flexible use options.
      66695 Highway 60, Salome, AZ 85348
      View Details
    • $400,000

      79.95 Acres on Salome Hwy

      79.95 acres with 3000 feet of frontage on Salome Hwy.
      80376 SALOME Road, Salome, AZ 85348
      View Details
    • $159,000

      Salome, AZ Land with Garage

      Corner lot with metal garage/workshop and RV hookups.
      66850 Senora Dr, Salome, AZ 85348
      View Details
    • $485,000
      2,593 SF

      Salome, AZ Commercial Building

      Three-unit apartment building with one office in prime location.
      66850 Highway 60, Salome, AZ 85348
      View Details
    • $550,000
      5,544 SF

      Established Grocery Store and Shop

      Thriving grocery store and sandwich shop in Brenda, Arizona.
      41625 Highway 60, Salome, AZ 85348
      View Details
    • $899,000

      38.9 Acres in Salome, AZ

      38.9 acres of level Arizona land with road access.
      W Salome Road, Salome, AZ 85348
      View Details
    • $47,500

      Salome Land with Utilities

      Two acre leveled land with new utilities and mountain views.
      41647 S Mcvay Rd, Salome, AZ 85348
      View Details
    • $109,900

      Turnkey RV Lots with Utilities

      Move-in ready RV lots with full hookups and no HOA.
      67911 Palm Blvd, Salome, AZ 85348
      View Details
    • $190,000

      Prime Commercial Lot Near I-10

      1.89 acre commercial lot near I-10 in Salome, AZ.
      40694 Vicksburg Rd, Salome, AZ 85348
      View Details
    • $59,000

      Commercial Land on Salome Road

      C-2 commercial land with high-visibility frontage on Salome Road.
      67192 Salome Road lot: 2, Salome, AZ 85348
      View Details
    • $59,000

      Commercial Land on Salome Road

      High-visibility commercial land with flexible potential in La Paz County.
      67192 Salome Road lot: 1, Salome, AZ 85348
      View Details

    FAQs

    What type of property is this?
    Land - Land in Castle Lakes Subdivision, ideal for custom home.
    Where is this land located?
    The property is located at Berry Way Salome, AZ.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Ideal location for peaceful desert living in Castle Lakes Subdivision.; Potential to combine neighboring parcels for an expansive custom haven.; Conveniently located moments from dining, lodging, and fuel.
    (719) 650-4959
    We can help!
    Listing Contact
    The Modern Desert Real Estate Group
    Real Estate License ID: SA661681000
    Learn More
    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

    Berry Way, Salome, AZ 85348

    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!