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

    F196 E Horse Ranch Road unit 196 Saint David, AZ 85630

    View on Map
    For Sale
    $235,000

    LAND - St. David, AZ

    Lot size:
    36.10 Acres
    Added:
    Nov 17, 2025
    Days on Market:
    136
    Last Refresh:
    Apr 2 at 1:06 am

    Property Features for F196 E Horse Ranch Road unit 196

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Cochise - RU-4
    Standard status
    Active
    APN
    120-31-196
    Lot size
    36.10 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    Dragoon Mountain Ranch Unit 1 Lot 196 Sec25&36 T17 R22 36.10Ac
    TaxAnnualAmount
    727

    We can help!

    Listing Contact
    Richard V Frank
    Richard V Frank

    Listing agent Richard V Frank License #BR643373000

    Listing office United Country RE AZ Life Homes & Land 225 N Frontage Road 105, Benson, AZ

    Listing date Nov 17, 2025

    MLS# 22529844 Listing URL

    Copyright © 2026 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    St. David Land with Views

    This is a 36+ acre property situated within the gated Dragoon Mountain Ranch community. The land offers views of the Dragoon Mountains, Cochise Stronghold, and the Whetstone Mountains. Located in the foothills of the Dragoon Mountains, the property's elevation is approximately 4500 feet. The Dragoon Mountain Ranch encompasses approximately 14,000 acres and adjoins 52,000 acres of the Coronado National Forest wilderness area. The Ranch is adjacent to thousands of acres of State Trust Lands and National Forest. The property is located near the towns of St. David, Benson and Tombstone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Saint David
    County
    Cochise
    State
    Arizona
    Longitude
    -110.12
    Latitude
    31.8934

    Nearby Similar for Sale

    • $145,000

      Highway Frontage Land in St. David

      3.36 acre parcel with highway frontage and development potential.
      39 W Patton Street, St. David, AZ 85630
      View Details
    • $65,900

      Land with Mountain and Valley Views

      36.17-acre lot with views in St. David, Arizona.
      S Cochise Trail unit: 94, St. David, AZ 85630
      View Details
    • $45,000

      Dragoon Mountain Ranch Land

      45 acres with mountain views and Coronado National Forest access.
      45 ac S De Niza Road unit: 48, St. David, AZ 85630
      View Details
    • $68,500

      Expansive Land Near Dragoon Mountains

      48+ acres of vacant land near Historic Dragoon Mountains.
      M223 COUGAR Trail unit: 1, St. David, AZ 85630
      View Details
    • $65,000

      Expansive Land Parcel in St. David

      36-acre land parcel suited for residential development in St. David.
      E Diamondback Road unit: 160, St. David, AZ 85630
      View Details
    • $72,900

      36-Acre Corner Lot in Arizona

      36-acre corner lot perfect for custom home or ranch.
      E Diamondback Road unit: 207, Unincorporated County, AZ 85630
      View Details
    • $65,000

      Expansive Land Parcel in Saint David

      36-acre land parcel suited for residential development.
      E Diamondback Road unit: 160, Saint David, AZ 85630
      View Details
    • $79,900

      Land in St. David, AZ

      8-acre land parcel in St. David, Arizona.
      W Chattanooga View, St. David, AZ 85630
      View Details
    • $78,000

      St. David Land with Mountain Views

      38.43-acre ranch property with panoramic mountain views in St. David.
      E134 E De Vaca Circle unit: 34, St. David, AZ 85630
      View Details
    • $147,000

      Land in Dragoon Mountain Ranch

      36+ acre lots in a gated community near St. David.
      5782 E De Vaca Circle unit: 18, St. David, AZ 85630
      View Details
    • $89,000

      36 Acres Rolling Land Parcel

      36 acres in St. David, AZ with owner financing.
      E Naiche ln unit: 30, St. David, AZ 85630
      View Details
    • $75,000

      Rolling 36 AC Land Parcel

      36-acre land parcel in St. David, AZ with owner financing.
      E Naiche ln unit: 29, St. David, AZ 85630
      View Details

    FAQs

    What type of property is this?
    Land - 36+ acre property in gated Dragoon Mountain Ranch community.
    Where is this land located?
    The property is located at F196 E Horse Ranch Road unit 196 Saint David, AZ.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: 36+ acre property with SPECTACULAR MOUNTAIN VIEWS.; Located within the gated community of Dragoon Mountain Ranch.; Adjoins 52,000 acres of the Coronado National Forest wilderness area.
    (520) 403-3903
    We can help!
    Listing Contact
    Richard V Frank
    Richard V Frank
    Real Estate License ID: BR643373000
    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!