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

    N Mangas Drive Chino Valley, AZ 86323

    View on Map
    For Sale
    $79,900

    LAND - Chino Valley, AZ

    Lot size:
    2.80 Acres
    Added:
    Mar 16, 2026
    Days on Market:
    18
    Last Refresh:
    Apr 2 at 9:06 am

    Property Features for N Mangas Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RCU-2A
    Standard status
    Active
    Lot size
    2.80 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxDescription
    A RECT PTN OF THE SW4 THE SE PCL COR LYING APPROX 987'N & 691'W O F THE S4 COR OF SEC 21-17-2W CONT 2.80AC
    TaxAnnualAmount
    473

    We can help!

    Listing Contact
    James Rusch-Michener

    Listing agent James Rusch-Michener License #SA646862000

    Listing office Realty ONE Group Mountain Desert 100 E Sheldon Street Suite 200, Prescott, AZ

    Listing date Mar 16, 2026

    MLS# 1080333

    Copyright © 2026 Prescott Area 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

    Chino Valley Land Opportunity

    This 2.8-acre parcel in Northern Arizona offers wide-open space, privacy, and high-desert surroundings. The property is located minutes from the town of Chino Valley and a short drive to Prescott, providing a peaceful rural setting with convenient access. The land features gently rolling terrain with natural vegetation and scattered juniper trees, offering both character and privacy. The property provides ample space to build a home, ranch, or getaway retreat, allowing for a variety of uses. Enjoy panoramic views, star-filled night skies, and the freedom of country living. Utilities are nearby, and the property offers convenient access while maintaining a private feel. This property offers an opportunity to own acreage in Northern Arizona.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Chino Valley
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.478038
    Latitude
    34.837132

    Nearby Similar for Sale

    • $425,000

      Chino Valley Multifamily Development Opportunity

      1.5-acre parcel approved for 14-unit apartment complex.
      399-443 W Palomino Road, Chino Valley, AZ 86323
      View Details
    • $475,000

      Chino Valley Commercial Land Parcel

      Two-acre commercial property with highway frontage and residential potential.
      3560 N State Route 89, Chino Valley, AZ 86323
      View Details
    • $319,000

      Commercial Land in Chino Valley

      1.8 acre commercial vacant lot in a thriving business district.
      N Rd 2, Chino Valley, AZ 86323
      View Details
    • $628,000

      Retail Parcel in Chino Valley

      Retail parcel for sale near Safeway in Chino Valley.
      1041 N State Route 89, Chino Valley, AZ 86323
      View Details
    • $575,000

      Chino Valley Acreage with Paved Access

      9.24 acres in Chino Valley with development potential.
      1400 E Road 2 N, Chino Valley, AZ 86323
      View Details
    • $960,000

      Chino Valley Commercial Land Parcel

      7-acre commercial land with residence for office or live/work.
      1900 S State Route 89, Chino Valley, AZ 86323
      View Details
    • $975,000

      Chino Valley Acreage with Development Potential

      19.33 acres in Chino Valley with development possibilities.
      1470 E Road 2 N, Chino Valley, AZ 86323
      View Details
    • $6,750,000

      Mixed-Use Property in Chino Valley

      Multi-family mixed-use property with commercial, storage, and residential units.
      860 W Road 1 S, Chino Valley, AZ 86323
      View Details
    • $585,000

      Two Homes on 2.31 Acres

      Two homes on one parcel, perfect for rental income.
      905 Johnson Lane, Chino Valley, AZ 86323
      View Details
    • $299,000

      Chino Valley Ranch Land

      5.11 acre parcel perfect for your dream ranch.
      2b Red Cinder Road, Chino Valley, AZ 86323
      View Details
    • $6,750,000

      Mixed-Use Property in Chino Valley

      Multi-family mixed-use property with commercial and residential units.
      860 W Road 1 S, Chino Valley, AZ 86323
      View Details
    • $6,750,000

      Mixed-Use Property in Chino Valley

      Multi-family mixed-use property with commercial, storage, and residential units.
      860 W Road 1 S --, Chino Valley, AZ 86323
      View Details

    FAQs

    What type of property is this?
    Land - 2.8 acres in Northern Arizona with open space and privacy.
    Where is this land located?
    The property is located at N Mangas Drive Chino Valley, AZ.
    What is the asking price?
    The asking price for this property is $79,900.
    What are key features of this property?
    This property features: Spacious Northern Arizona land parcel with privacy and high‑desert surroundings.; Conveniently located minutes from Chino Valley and a short drive to Prescott.; Gently rolling terrain with natural vegetation and scattered juniper trees.
    (928) 308-4700
    We can help!
    Listing Contact
    James Rusch-Michener
    Real Estate License ID: SA646862000
    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!