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    Mesquite Trl, Unit 137 Patagonia, AZ 85624

    View on Map
    Sponsored
    For Sale
    Under Contract
    $59,000

    LAND - Patagonia, AZ

    Lot size:
    36.20 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 21 at 3:06 pm

    Property Features for Mesquite Trl

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    ??
    APN
    112-43-237
    Lot size
    36.20 Acres

    Utilities

    Water source
    Well

    We can help!

    Listing Contact
    Kate Rose
    Kate Rose

    Kate Rose Realty

    Listing agent Kate Rose

    Listing date Mar 18, 2026

    MLS# 6906094 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

    Scenic Land Parcel in Patagonia

    This 36.2-acre parcel is located in the private, gated Salero Ranch community in Santa Cruz County, Arizona, east of Tubac. The property offers views from a terraced building site overlooking the valley. Salero Ranch features custom homesites, primarily 36+ acres in size, and is managed by the Salero Ranch Community Association, Inc. The community is part of a larger 16,000-acre cattle ranch that has been privately held since the 1863 Baca Float No. 3 land grant and contains ruins of some of the oldest silver mines in North America. The ranch is rimmed by the foothills of the Santa Rita Mountains to the north and the Grosvenor Hills to the south, and it adjoins hundreds of acres of State Trust Wilderness Lands, the Sonoita Creek State Natural Area, and is bordered on the north and east by the 148,000-acre Coronado National Forest. Ranch owners can enjoy a scenic nine-mile drive into the town of Patagonia. The wine country of Elgin and Sonoita are also nearby. Bond Canyon Creek frames the entrance to the Ranch. The community allows horses. The community's covenants and restrictions (CC&Rs) are designed to ensure tasteful residential development and protect property values, prohibiting mobile homes and manufactured housing. The minimum square footage of homes is 1500 sf. RV's are allowed if they are garaged. The community has underground electric service and a county-approved septic system. High-speed internet via Starlink is available. The community is accessible via a well-maintained, community-graded road network. The area offers recreational opportunities, including equestrian trails, hiking, birding, and stargazing, with the Coronado National Forest nearby. The community is located near historic Tubac and is approximately 62 miles from Tucson International Airport. The annual HOA fee is $535, and the real estate tax is $14.00 annually due to an existing grazing lease in the area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Patagonia
    County
    Santa Cruz
    State
    Arizona
    Longitude
    -110.873984
    Latitude
    31.59181

    Nearby Similar for Sale

    • $1,980,000
      1,500 SF

      Patagonia Ranch with Grazing Land

      380-acre ranch with USFS grazing land near Patagonia, Arizona.
      214 Apache Rd Poco Toro Rnch San Rafael Vly, Patagonia, AZ 85624
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 36+ acre homesite with mountain views in gated community.
    Where is this residential land & home lot located?
    The property is located at Mesquite Trl, Unit 137 Patagonia, AZ.
    What is the asking price?
    The asking price for this property is $59,000.
    What are key features of this property?
    This property features: - Breathtaking panoramic views from a terraced building site overlooking the valley and surrounding wilderness.; - Private, gated Salero Ranch community offering secluded 36+ acre homesites adjacent to State Trust Wilderness Lands and the Coronado National Forest.; - Abundant recreational opportunities including equestrian trails, hiking, birding, and stargazing.
    (602) 722-7673
    Request Owner's contact information
    Mesquite Trl, Unit 137 Patagonia, AZ 85624
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    Patagonia, AZ 85624
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    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
    Mesquite Trl, Unit 137 Patagonia, AZ 85624
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    Kate Rose
    Kate Rose
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