Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Corner Parcel Near Grand Canyon Title is generated by Realmo AI

    1042 E Laramie Drive, Williams, AZ 86046

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Williams, AZ

    Lot size:
    1.03 Acres
    Added:
    May 14, 2026
    Days on Market:
    11
    Last Refresh:
    May 24 at 12:06 pm

    Property Features for 1042 E Laramie Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AR
    Standard status
    Active
    APN
    50316080
    Lot size
    1.03 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    SUBDIVISION: GRAND CANYON UNIT 10 LOT: 234 SIXTEENTH: NW QUARTER: SE SECTION: 12 TOWNSHIP: 26N RANGE: 2E
    Tax Annual Amount
    35

    We can help!

    Listing Contact
    Bimal S Patel
    Bimal S Patel

    Listing agent Bimal S Patel License #SA683974000

    Listing office Bankers Real Estate 106 S 9th Street # B, Williams, AZ

    Listing date May 14, 2026

    MLS# 204550 Listing URL

    Copyright © 2026 Northern Arizona Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.03‑acre corner parcel ideal for vacation retreat or investment.
    • Power available across the street for easy setup.
    • Easy access via well‑maintained gravel roads (Laramie and Coronado).
    • Mostly level land with mature pinon trees providing natural beauty and privacy.
    • Approximately 30 miles from Grand Canyon National Park and Williams, AZ.
    • Located approximately 1,250 feet from Highway 180, offering both easy access and peaceful surroundings.

    Overview

    This 1.03-acre corner parcel is located approximately 1,250 feet from Highway 180. The land is mostly level and dotted with mature pinon trees. Power is available across the street. The property is accessible via well-maintained gravel roads, Laramie and Coronado. It is situated approximately 30 miles from the historic town of Williams, known as the Gateway to the Grand Canyon, and approximately 50 miles from Flagstaff. The property is zoned AR. It offers an excellent location for a future vacation retreat or investment property. It is located approximately 30 miles from the Grand Canyon National Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Storage Facility Bar & Pub Hotel & Motel Auto Repair Shop Locksmith Restaurant Parking Lot & Garage

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

    Location Insight

    • Map
    • Local Demand
    City
    Williams
    County
    Coconino
    State
    Arizona
    Longitude
    -112.1282091
    Latitude
    35.6481522

    Nearby Similar for Sale

    • $350,000

      Heavily Treed Land in Williams

      10 acres with well, septic, and electricity in Williams, AZ.
      6090 N Cliff Rose, Williams, AZ 86046
      View Details
    • $122,997

      Land Near Grand Canyon

      2.5 acres near Grand Canyon South Rim.
      3535 E Venice Drive, Williams, AZ 86046
      View Details
    • $15,950

      Northern Arizona Land with Peaks View

      1.3 acres near Grand Canyon, Williams, and Flagstaff.
      1178 E Cochise Way, Williams, AZ 86046
      View Details
    • $85,000

      36 Acres Near Grand Canyon

      36-acre parcel near Grand Canyon with development flexibility.
      1391 S Rim Ranch Road, Williams, AZ 86046
      View Details
    • $79,900

      10 Acres Corner Lot

      10-acre corner lot with power in Howard Mesa Ranch.
      4800 Whitetail Loop, Williams, AZ 86046
      View Details
    • $110,000

      Williams, AZ Land with Tiny Home

      Off-grid tiny home on 12 acres with cistern well.
      9457 W Bright Sky Trail, Williams, AZ 86046
      View Details
    • $75,000

      36-Acre South Rim Ranch Escape

      Pristine 36-acre parcel in South Rim Ranch, Williams, Arizona.
      9875 Hawkeye Circle, Williams, AZ 86046
      View Details
    • $20,000

      Land Parcel in Williams, Arizona

      3.56-acre land parcel with scenic views in Williams, Arizona.
      1650 S Kaibab Road, Williams, AZ 86046
      View Details
    • $79,900

      Land Near Grand Canyon

      36-acre parcel near Grand Canyon with subdivision potential.
      1282 Watchtower, Williams, AZ 86046
      View Details
    • $60,000

      20 Acres in Williams, AZ

      20-acre parcel near Williams, AZ, with mountain views.
      10747 Espee Road, Williams, AZ 86046
      View Details
    • $140,000

      Scenic Land in Williams, Arizona

      10 acres with mountain views, forests, and seasonal creek.
      5305 N RED MOUNTAIN Road, Williams, AZ 86046
      View Details
    • $10,900

      Valle, AZ: 1-Acre Lot

      1-acre lot near Grand Canyon, Williams, and Flagstaff.
      4700 Parker Drive, Williams, AZ 86046
      View Details

    FAQs

    What type of property is this?
    Land - 1.03-acre corner parcel near Grand Canyon National Park.
    Where is this land located?
    The property is located at 1042 E Laramie Drive Williams, 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: 1.03‑acre corner parcel ideal for vacation retreat or investment.; Power available across the street for easy setup.; Easy access via well‑maintained gravel roads (Laramie and Coronado).
    (928) 635-4404
    We can help!
    Listing Contact
    Bimal S Patel
    Bimal S Patel
    Real Estate License ID: SA683974000
    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
    1042 E Laramie Drive, Williams, AZ 86046
    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!