Botanical Garden and Plant
For Sale
$1,900,000
1011 Wildhorse Lane, Clarkdale, AZ 86324
Established botanical garden business with landscaped paths, mature desert plant collections, water features, and on-site parking.
Property Size9,000 SF
Lot Size4.54 Acres
Days on Market31
Property Features for 1011 Wildhorse Lane
General Information
Standard status
Active
Size
9,000 SF
Lot size
4.54 Acres
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Land Use
botanical garden, retail, plant nursery
Taxes and HOA fees
Annual Taxes
$6,090
Amenities
water features
gathering areas
landscaped walking paths
specimen cacti
desert landscaping
Building Details
Building Size
9,000 SF
Year Built
1988
Listing Agency:
Linton Real Estate
(928) 779-4411
Listed By:
Susan Weitzman · License #BR006602000
Source:
Adobegr
Added: Jul 10
Changed: Aug 2
Last Checked: Aug 8 at 9:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Linton Real Estate
Investment Insights
Based on property information with market context.
This offering combines an operating botanical garden business with its buildings, land, plant nursery, and extensive botanical collections. The 4.54-acre property includes mature cacti, succulents, desert plants, landscaped walking paths, water features, and gathering areas. The property was built in 1988 and includes on-site parking.
Located on scenic Highway 89A between Clarkdale and Jerome, the property benefits from visibility along a route associated with tourism in the Verde Valley. The sale includes the business, buildings, and real estate, providing a consolidated opportunity for continued botanical garden, retail, and nursery operations. Additional retail, event, or educational uses would remain subject to zoning and local approvals.
Located on scenic Highway 89A between Clarkdale and Jerome, the property benefits from visibility along a route associated with tourism in the Verde Valley. The sale includes the business, buildings, and real estate, providing a consolidated opportunity for continued botanical garden, retail, and nursery operations. Additional retail, event, or educational uses would remain subject to zoning and local approvals.
Key Highlights
- 4.54‑acre botanical garden, nursery, and retail property
- Business, buildings, land, and botanical collections included in the sale
- Mature cacti, succulents, and desert plants throughout the grounds
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$156,013
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,120,260
$3.1M
Cap Rate 7%
$2,228,757
$2.2M
Cap Rate 9%
$1,733,478
$1.7M
Market Conditions
NOI Build-Up for 9,000 SF
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.
Gross rent
$234.4K $26.04/SF
− Vacancy
−$11.5K −$1.28/SF
EGI
$222.9K $24.76/SF
− OpEx
−$66.9K −$7.43/SF
NOI
$156.0K $17.33/SF
Area
Yavapai County, AZ
Vacancy
4.90%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,120,260
Cap Rate 7%
$2,228,757
Cap Rate 9%
$1,733,478
Alternative Uses
Best Use
Retail
$2.23M
$1.95M – $2.60M
NOI $156,013 @ 7.0% cap · market cap 8.21%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.01M
$2.64M – $3.52M
NOI $211,048 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 86324, AZ
4,544
Population
2,593
Households
1.8
Avg Household Size
54
Median Age
24%
College-Educated
97%
High-School Grad
259.8 sq mi
ZIP Area
17
Density / Sq Mi
$32,637
Median Household Income
$28,026
Median Earnings
$897
Median Rent
$345,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Nursery and garden center - Established botanical garden business with landscaped paths, mature desert plant collections, water features, and on-site parking.
Where is this nursery and garden center located?
The property is located at 1011 Wildhorse Lane Clarkdale, AZ.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 4.54‑acre botanical garden, nursery, and retail property; Business, buildings, land, and botanical collections included in the sale; Mature cacti, succulents, and desert plants throughout the grounds
