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    12620 Lillie J Rnch Rd Parks, AZ 86018

    For Sale
    $2,200,000

    Turnkey Airbnb, Wedding Venue Potential. High Income.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 20.01-acre property in Parks, Arizona, presents a rare investment opportunity. Located at 12620 E & 12682 Lillie J Ranch Road, this turnkey operation boasts a fully functioning and profitable Airbnb/vacation rental, generating a monthly income exceeding $20,000. The property features a tastefully renovated main log home and a historic cabin, offering guests a blend of rustic charm and modern luxury. Surrounded by Ponderosa Pines and backing onto National Forest Service land, the setting is both secluded and easily accessible from I-40 and the main road into Parks. The substantial barn and cantina provide significant additional income potential, ideal for hosting large weddings and special events. This unique homestead is offered completely furnished and ready for immediate operation. Detailed upgrade information and viewing dates are available upon request. The property's solid booking history and high income potential make it an attractive investment for discerning buyers seeking a profitable and unique venture in a stunning natural setting. The property's size and amenities offer a multitude of possibilities for expansion and further income generation.

    Property Features for 12620 Lillie J Rnch Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    871,636 SF

    Building Details

    Year Built
    1989
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Parks
    County
    Coconino
    State
    Arizona
    Longitude
    -111.9541
    Latitude
    35.27943

    Nearby Comparable

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      Expansive Land Backing National Forest

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    • $600,000
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      40 Acres in Parks, Arizona

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    • $600,000
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      Expansive Parks, Arizona Land Parcel

      Rare 40-acre parcel in Parks, AZ with stunning views.
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    Nearby Similar for Sale

    • $5,000,000
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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Airbnb, Wedding Venue Potential. High Income.
    Where is this commercial real estate located?
    The property is located at 12620 Lillie J Rnch Rd Parks, AZ.
    What is the asking price?
    The asking price for this property is $2,200,000.
    (928) 774-3392
    Request Owner's contact information
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    Realmo Value Estimation

    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.

    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.

    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
    12620 Lillie J Rnch Rd Parks, AZ 86018
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