Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    10 Acres off Vanessa Way Drive Oracle, AZ 85623

    View on Map
    Claim this Listing
    Pending
    $95,000

    LAND - Oracle, AZ

    Lot size:
    10.00 Acres
    Added:
    Sep 4, 2024
    Days on Market:
    607
    Last Refresh:
    May 3 at 7:06 am

    Property Features for 10 Acres off Vanessa Way Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Pinal County - GR
    Standard status
    Pending
    APN
    307-12-032Z
    Lot size
    10.00 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Long legal in office.
    Tax Annual Amount
    475

    Utilities

    Utilities
    Propane

    We can help!

    Listing Contact
    Tricia Hawkins
    Tricia Hawkins

    Listing agent Tricia Hawkins

    Listing office Oracle Land & Homes 1812 W American Ave, ORACLE, AZ

    Listing date Sep 4, 2024

    MLS# 22421790 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

    Land with Mountain Views

    This 10-acre property is located in Oracle, Arizona, offering mountain views and lush vegetation. The lot has the potential to be split. Situated minutes from Arizona Zipline Adventures, Oracle State Park, and Peppersauce Canyon, it provides access to riding and walking trails. The property is surrounded by the Coronado National Forest. The zoning allows for building a dream home or manufactured homes. Corners are flagged, and a survey map is available. The parcel is located off Vanessa Way Drive.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Oracle
    County
    Pinal
    State
    Arizona
    Longitude
    -110.79
    Latitude
    32.5901

    Nearby Similar for Sale

    • $395,000
      2,384 SF

      Oracle Patio Cafe & Market

      Profitable restaurant and market with expansion potential in Oracle, AZ.
      270 E American Avenue, Oracle, AZ 85623
      View Details
    • $999,000
      8,820 SF

      Mixed-Use Property Near Mt. Lemmon

      Two homes and a commercial building with four rentable spaces.
      760 E American Avenue, Oracle, AZ 85623
      View Details
    • $989,000
      2,016 SF

      Turn-Key Tavern with Income Property

      Operating tavern and rental property on two parcels in Oracle.
      1200 N Jefferson Drive, Oracle, AZ 85623
      View Details
    • $60,000

      Land in Oracle, Arizona

      Prime land with utilities in Oracle, Arizona.
      E Mt Lemmon Highway, Oracle, AZ 85623
      View Details
    • $51,000

      Oracle Homesite with Mountain Views

      0.61-acre homesite in Oracle, AZ with open skies and views.
      970 E Logan Street ., Oracle, AZ 85623
      View Details
    • $110,000

      Land with Stunning Views

      3.5 acre parcel with 360-degree views in Loma Linda.
      389 N Rocky Trail, Oracle, AZ 85623
      View Details
    • $51,280

      Oracle, AZ 1.25 Acre Land

      1.25 acre parcel zoned General Rural in Oracle, AZ.
      028 N Rockliffe Boulevard, Oracle, AZ 85623
      View Details
    • $99,000

      Land with Scenic Views

      Residential land in Oracle, Arizona, ready for your dream home.
      3.3 AC W Linda Vista Road, Oracle, AZ 85623
      View Details
    • $275,000

      9.5 Acres with Mountain Views

      9.5 acres of land with panoramic mountain views in Oracle.
      34042 S Huggett Trail unit: D-1, Oracle, AZ 85623
      View Details
    • $395,000

      Acreage in Oracle, Arizona

      9.54 acres in Oracle, Arizona with development potential.
      N Estill Dr unit: 9.54 Ac, Oracle, AZ 85623
      View Details
    • $249,999
      3,060 SF

      Commercial Building in Oracle, Arizona

      Leased commercial building in Oracle with main road frontage.
      620 E American Avenue, Oracle, AZ 85623
      View Details
    • $799,000

      39.5 Acres in Oracle, AZ

      Expansive 39.5-acre parcel with panoramic views near Coronado National Forest.
      39.5 acres off Sam Clemens, Oracle, AZ 85623
      View Details

    FAQs

    What type of property is this?
    Land - 10 acres in Oracle, Arizona with mountain views.
    Where is this land located?
    The property is located at 10 Acres off Vanessa Way Drive Oracle, AZ.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: 10 Acres of land with potential for splitting; Enjoy beautiful mountain views and lush vegetation; Close proximity to outdoor recreation: Arizona Zipline Adventures, Oracle State Park, Peppersauce Canyon, riding/walking trails, and Coronado National Forest
    (520) 400-1897
    We can help!
    Listing Contact
    Tricia Hawkins
    Tricia Hawkins
    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

    Thank You for Inquiry

    10 Acres off Vanessa Way Drive, Oracle, AZ 85623

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!