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

    US 89 Page, AZ

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

    Proposed retail center with outlots near Walmart Supercenter.

    Type:LAND
    Lot size:
    1.00 Acre
    Added:
    Jan 1, 2022
    Days on Market:
    1579
    Last Refresh:
    Apr 5 at 11:15 pm

    Property Features for US 89

    General Information

    Standard status
    Active
    Lot size
    1.00 Acre
    Property subtype
    LAND

    Properties For Sale

    at US 89 Contact us

    We can help!

    Listing Contact
    Jay D. Stein

    Listing agent Jay D. Stein

    Listing office Sandor/Sand Capital | Arizona

    Listing date Jan 1, 2022

    Source Moodyscre

    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 Sandor/Sand Capital | Arizona

    Overview

    Retail Center Near Walmart

    This property is a proposed retail center anchored by an existing Walmart Supercenter. Outlots are available, ranging in size from approximately 0.8 to 4.5 acres. The location is in a retail growth area that serves Lake Powell tourism.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Page
    County
    Coconino
    State
    Arizona
    Longitude
    -111.761
    Latitude
    36.6875

    Nearby Similar for Sale

    • $1,395,000
      4,129 SF

      Prime Corner Commercial Building

      Remodeled commercial building in downtown Page, Arizona.
      6 N Lake Powell Blvd, Page, AZ 86040
      View Details
    • $675,000
      4,400 SF

      Commercial Building with Business Potential

      Fenced 0.71-acre lot with shop, office, and residence.
      2065 Industrial Dr, Page, AZ 86040
      View Details
    • $1,250,000
      3,300 SF

      Commercial Building on Navajo Drive

      Two buildings on .89 acres suitable for various commercial uses.
      825 N Navajo Dr, Page, AZ 86040
      View Details
    • $3,500,000
      1,997 SF

      Commercial Building with Business Opportunity

      Commercial property with existing business and development potential in Page.
      812 Aqua Ave, Page, AZ 86040
      View Details
    • $250,000
      1,799 SF

      Page Commercial Building Opportunity

      Commercial building in central business district with multiple potential uses.
      91 7th Ave, Page, AZ 86040
      View Details
    • $1,575,000

      Page, AZ Commercial Land

      4-acre commercial land parcel in Page, AZ for sale.
      Scenic View, Page, AZ 86040
      View Details
    • $499,900
      2,675 SF

      Page, AZ Multi-Family Investment

      Three-unit property with immediate revenue stream and recent renovations.
      139-143 8th Avenue, Page, AZ 86040
      View Details
    • $465,900
      2,675 SF

      Page, AZ Investment Property

      Multi-family property with immediate income stream and development potential.
      131-135 8th Ave, Page, AZ 86040
      View Details
    • $650,000
      2,928 SF

      Well-Maintained Fourplex on Corner Lot

      Four-unit multi-family property with desirable tenant features in Page, Arizona.
      126 Plateau Ct, Page, AZ 86040
      View Details
    • $1,500,000
      2,904 SF

      Industrial Park Commercial Building For Sale

      1.67 acre commercial lot with shop and storage.
      2020 Industrial Dr, Page, AZ 86040
      View Details
    • $59,500

      Residential Lot Near Lake Powell

      Residential lot suitable for building a dream or investment home.
      2274 Coyote Creek Rd, Page, AZ 86040
      View Details
    • $899,000
      5,988 SF

      Multi-Unit Property in Page, Arizona

      Four-plex and duplex with recent upgrades in Page, Arizona.
      423 ELM, Page, AZ 86040
      View Details

    FAQs

    What type of property is this?
    Commercial land - Proposed retail center with outlots near Walmart Supercenter.
    Where is this commercial land located?
    The property is located at US 89 Page, AZ.
    What are key features of this property?
    This property features: Anchored by existing Walmart Supercenter; Outlots available from ±0.8 to ±4.5 acres; Proposed retail center
    (480) 949-9011 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jay D. Stein
    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!