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

    E PRONGHORN Lane Prescott Valley, AZ 86315

    View on Map
    Claim this Listing
    Picture of Residential land & home lots at E PRONGHORN Lane, Prescott Valley, AZ
    For Sale
    $350,000

    LAND - Prescott Valley, AZ

    Lot size:
    9.70 Acres
    Added:
    Feb 25, 2025
    Days on Market:
    416
    Last Refresh:
    Apr 17 at 3:06 am

    Property Features for E PRONGHORN Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RCU-2A
    Standard status
    Active
    APN
    103-01-059-H
    Lot size
    9.70 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    900

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Scott A Harris

    Listing agent Scott A Harris

    Listing office Realty ONE Group 17235 N 75th C-190, Phoenix, AZ

    Listing date Feb 25, 2025

    MLS# 6826331 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.

    Overview

    Land in Prescott Valley, AZ

    This 9.7-acre lot in Prescott Valley, Arizona, offers space for constructing a house, shop, barn, and guest house. The property features views in all directions. A well is located on the property, and power access is available along the road. The zoning is RCU-2A.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Prescott Valley
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.310851
    Latitude
    34.664614

    Nearby Similar for Sale

    • $595,000

      Professional Office Building, Prescott Valley

      Move-in-ready office building in a visible Prescott Valley location.
      3681 N Robert Road, Prescott Valley, AZ 86314
      View Details
    • $600,000

      Prime Commercial Land Opportunity

      Corner parcel with high visibility, ideal for development or business.
      8057 E Yavapai Road, Prescott Valley, AZ 86314
      View Details
    • $200,000

      Prime Prescott Valley Commercial Land

      Versatile 0.41-acre commercial/industrial land in a growing corridor.
      5841-5859 N Hill Drive, Prescott Valley, AZ 86314
      View Details
    • $699,000

      Prescott Valley Duplex on Large Lot

      Duplex with solar, updated unit, and development potential.
      4501 N Jokake Circle, Prescott Valley, AZ 86314
      View Details
    • $520,000

      Prescott Valley Duplex Opportunity

      Well-maintained duplex in central Prescott Valley with solid rental history.
      8501 E Leigh Drive, Prescott Valley, AZ 86314
      View Details
    • $4,000,000

      Equipped Greenhouse Facility in Prescott

      Turnkey greenhouse facility for commercial cultivation or agricultural operations.
      10282 E Valley Road, Prescott Valley, AZ 86314
      View Details
    • $449,900

      Prescott Valley Duplex Investment Opportunity

      Well-maintained duplex in desirable location with income potential.
      7174 E Thrush Lane, Prescott Valley, AZ 86314
      View Details
    • $530,900

      Prescott Valley Duplex For Sale

      Duplex in great location with excellent rental history.
      7076 E Spouse Drive, Prescott Valley, AZ 86314
      View Details
    • $525,000

      Prescott Valley Duplex Investment Opportunity

      Well-maintained duplex near shopping, schools, and entertainment district.
      8348 E Stevens Drive, Prescott Valley, AZ 86314
      View Details
    • $275,000

      Prescott Valley Commercial Development Opportunity

      1.03-acre commercial land parcel in thriving Prescott Valley market.
      Florentine Road, Prescott Valley, AZ 86314
      View Details
    • $675,000

      Turnkey Prescott Valley 4-Plex Investment

      Well-maintained, fully occupied 4-unit multifamily property with immediate income.
      7980 E Lakeshore Drive, Prescott Valley, AZ 86314
      View Details
    • $999,000

      Well-Maintained Prescott Valley Fourplex

      Four 3-bedroom units with yards and garages in Prescott Valley.
      8849 Len Court, Prescott Valley, AZ 86314
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 9.7 acre lot with well and power access.
    Where is this residential land & home lot located?
    The property is located at E PRONGHORN Lane Prescott Valley, AZ.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Ample Space: Plenty of space to build a house, shop, barn, and guest house.; Well on Property: Includes a pre‑existing water source.; Beautiful Views: Offers scenic views in all directions.
    (623) 252-1339
    We can help!
    Listing Contact
    Scott A Harris
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!