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    Profitable Feed Store Business Opportunity Title is generated by Realmo AI

    Evergreen Ln, Pinetop, AZ 85935

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    For Sale
    $499,000

    Commercial Building +Business - Pinetop/Lakeside, AZ

    Property size:
    2,500 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $199/SF
    Added:
    Mar 2, 2025
    Days on Market:
    454
    Last Refresh:
    May 30 at 1:06 pm

    Property Features for Evergreen Ln

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Business,Commercial
    Interior features
    Wood Burning Stove
    Exterior features
    Corner Lot, Fenced- Partial, Road Type- Paved
    Fencing
    Fenced
    Standard status
    Active
    APN
    201-42-247b
    Size
    2,500 SF
    Lot size
    0.03 Acres

    Building Details

    Year built
    2006
    Building materials
    Frame
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Troy Cooke

    Listing agent Troy Cooke License #BR550478000

    Listing office Cooke Land & Cattle Company PO Box 3151, Showlow, AZ

    Listing date Mar 2, 2025

    MLS# 1721197 Listing URL

    Copyright © 2026 Gila Valley MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Profitable, high‑volume feed store business with loyal customer base.
    • Includes real property and existing inventory in the sale.
    • Turnkey operation, ideal for immediate takeover.
    • Includes essential equipment: squeeze, forklift, and other miscellaneous equipment.
    • Opportunity to add a breakfast and lunch business with existing stainless steel equipment and space.
    • Located in the desirable White Mountains of Arizona.

    Overview

    A feed store business is available for purchase, situated in the White Mountains of Arizona. The sale includes the business and real property. The business benefits from a high sales volume and a loyal customer base. The sale includes equipment such as a squeeze, forklift, and other miscellaneous items. The store is equipped with stainless steel equipment and space that could accommodate a breakfast and lunch service. The property is zoned for business and commercial use. The lot size is 0.03 acres. The building has 2500 square feet of space. The business offers hay, feed, tack, and propane sales. This is a turnkey business opportunity with inventory and real property included. The owner is retiring after many years in the feed store business.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $65.1k $26.04
    − Vacancy −$3.2k −$1.28
    EGI $61.9k $24.76
    − OpEx −$18.6k −$7.43
    NOI $43.3k $17.33
    2,500 SF · lease $26.04/SF/yr · vacancy 4.90% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $619.1K
    $541.7K – $722.3K (±1% cap)
    NOI $43,337 @ 7.0% cap · market cap 8.68%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $679.4K
    $594.5K – $792.6K (±1% cap)
    NOI $47,556 @ 7.0% cap · market cap 9.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Pinetop
    County
    Navajo
    State
    Arizona
    Longitude
    -109.912
    Latitude
    34.1221

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    FAQs

    What type of property is this?
    Storefront property - Turnkey feed store business with real property for sale.
    Where is this storefront property located?
    The property is located at Evergreen Ln Pinetop, AZ.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: Profitable, high‑volume feed store business with loyal customer base.; Includes real property and existing inventory in the sale.; Turnkey operation, ideal for immediate takeover.
    (928) 242-4744
    We can help!
    Listing Contact
    Troy Cooke
    Real Estate License ID: BR550478000
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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.

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    Evergreen Ln, Pinetop/Lakeside, AZ 85935
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