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

    104 Jones Avenue Unit 36 Mammoth, AZ 85618

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Infill lot with utilities nearby in Mammoth, Arizona.

    Type:Land
    Property size:
    6,151 SF
    Lot size:
    0.14 Acres
    Added:
    Nov 11, 2024
    Days on Market:
    523
    Last Refresh:
    Mar 13 at 2:57 pm

    Property Features for 104 Jones Avenue Unit 36

    General Information

    Standard status
    Active
    Size
    6,151 SF
    Lot size
    0.14 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Timothy W Schutt

    Listing agent Timothy W Schutt License #BR567000000

    Listing office Wrangler Real Estate

    Listing date Nov 11, 2024

    Source Compass

    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 Wrangler Real Estate

    Overview

    Mammoth, AZ Infill Lot

    Located in Mammoth, Arizona, this infill lot presents upside potential. The property size is 6151 square feet. Utilities are located nearby, serving the neighboring properties.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Building Supply Auto Parts Store Food Market Grocery & Convenience Store Bar & Pub Cafe & Coffee Shop Car Rental Facility Bakery Supermarket Restaurant

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mammoth
    County
    Pinal
    State
    Arizona
    Longitude
    -110.704
    Latitude
    32.717

    Nearby Similar for Sale

    • $1,450,000
      5,000 SF

      Turnkey Restaurant & Tortilla Factory

      Established restaurant and tortilla factory with on-site housing included.
      706 N Highway 77, Mammoth, AZ 85618
      View Details
    • $25,000

      Two Lots in Mammoth, AZ

      Two lots in Mammoth, AZ, perfect to build a home.
      727 N Tiger Drive unit: 14-15, Mammoth, AZ 85618
      View Details
    • $381,500
      51,889 SF

      Multi-Building Commercial Property in Mammoth

      51,889 SF commercial property on 19.46 acres in Mammoth, AZ.
      111 W DUNGAN Drive, Mammoth, AZ 85618
      View Details
    • $9,997

      Land in Pinal County

      Residential land for sale in a growing Arizona county.
      116 E 1ST Street, Mammoth, AZ 85618
      View Details
    • $9,997

      Mammoth, AZ Land Opportunity

      Residential land in Mammoth, Arizona with utility access.
      104 W JONES Avenue, Mammoth, AZ 85618
      View Details
    • $150,000

      Mammoth Acre with Mountain Views

      One-acre lot in Mammoth, Arizona, with mountain views.
      712 N Dungan Drive unit: 5 & 6, Mammoth, AZ 85618
      View Details
    • $4,997

      Land in Mammoth, Arizona

      Residential land available in Mammoth, Arizona.
      1000 N Old Hwy 77 --, Mammoth, AZ 85618
      View Details
    • $195,000

      80 Acres Horse Property Land

      80-acre horse property with flat land and rolling hills.
      S River Road, Mammoth, AZ 85618
      View Details
    • $69,900

      Land with Mountain and Valley Views

      7.77 acres of land with views in Mammoth, Arizona.
      Barrows Place, Mammoth, AZ 85618
      View Details
    • $381,500
      51,889 SF

      Mixed-Use Property in Mammoth, Arizona

      Eight buildings totaling 51,889 SF on 19.46 acres.
      111 W DUNGAN Drive, Mammoth, AZ 85618
      View Details
    • $164,900

      Land with Mountain Views

      Hilltop land parcel suitable for site-built or manufactured homes.
      Carlsbad Avenue, Mammoth, AZ 85618
      View Details

    FAQs

    What type of property is this?
    Land - Infill lot with utilities nearby in Mammoth, Arizona.
    Where is this land located?
    The property is located at 104 Jones Avenue Unit 36 Mammoth, AZ.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Infill lot with upside potential.; Located in Mammoth, AZ.; Utilities close by.
    (480) 313-2246
    We can help!
    Listing Contact
    Timothy W Schutt
    Real Estate License ID: BR567000000
    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!