Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Land Near Cochise Stronghold Title is generated by Realmo AI

    199 East Horse Country Road, Cochise, AZ 85606

    View on Map
    Claim this Listing
    For Sale
    $47,000

    Over 15 acres of land near Highway 191.

    Type:Land
    Property size:
    653,000 SF
    Lot size:
    15.00 Acres
    Price / SF:
    $0.07/SF
    Added:
    Oct 11, 2022
    Days on Market:
    1332
    Last Refresh:
    Mar 13 at 1:19 pm

    Property Features for 199 East Horse Country Road

    General Information

    Standard status
    Active
    Size
    653,000 SF
    Lot size
    15.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Jeremy J Schutt
    Jeremy J Schutt

    Listing agent Jeremy J Schutt License #BR542319000

    Listing office Legendary Properties, LLC

    Listing date Oct 11, 2022

    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 Legendary Properties, LLC

    HighLights

    • Seller carryback financing available.
    • Large 15+ acre property.
    • Seller willing to split the property.
    • Excellent location near Sunsites.
    • Close proximity to Highway 191.
    • Near Cochise Stronghold.

    Overview

    This property features just over 15 acres of land. The seller is willing to split the parcel. The location is near Sunsites, Highway 191, and Cochise Stronghold in Cochise County, Arizona. Seller carryback is available.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cochise
    County
    Cochise
    State
    Arizona
    Longitude
    -109.966
    Latitude
    32.1116

    Nearby Similar for Sale

    • $118,500

      Scenic Land Parcel in Cochise

      30-acre parcel with mountain views, no HOA, no restrictions.
      30 Aces W Dragoon Road, Cochise, AZ 85606
      View Details
    • $39,500

      Scenic Desert Land Parcel

      Ten acres of desert land with paved road frontage.
      10 Aces W Dragoon Road, Cochise, AZ 85606
      View Details
    • $160,000
      419,047 SF

      Dragoon Mountains Land with Access

      Ten acres with direct access to Forest Service land.
      Tbd 10-acr South Cochise Stronghold Road, Cochise, AZ 85606
      View Details
    • $85,000

      Cochise Land with Mountain Views

      Undeveloped 10-acre land with well, mountain views, open spaces.
      10 ac W Bird Of Paradise Trail, Cochise, AZ 85606
      View Details
    • $16,000
      217,800 SF

      Land Near Cochise Stronghold

      Over 15 acres of land available near Highway 191.
      182 E Geronimo Way -, Cochise, AZ 85606
      View Details
    • $155,000

      Cochise Vacant Land Opportunity

      160 acre property with farm/orchard potential, owner carry.
      1000 McNeil RD, Cochise, AZ 85632
      View Details
    • $75,000

      Cochise Land with Mountain Views

      Ten acre lot with well share and mountain views.
      N Cutting Horse Lane, Cochise, AZ 85606
      View Details
    • $2,700

      Undeveloped Land in Cochise, Arizona

      Almost an acre of land with easy highway access.
      0.93ac Unnamed Road, Cochise, AZ 85606
      View Details
    • $2,500

      Land Parcel in Cochise, Arizona

      1.17-acre parcel near Sunsites with access to outdoor adventures.
      1.17 AC Papago Way, Cochise, AZ 85606
      View Details
    • $180,000

      Land Available in Mesquite, Arizona

      Land for sale in Mesquite, Arizona. Owner Agent.
      000 N Mesquite Rd, Other, AZ 85606
      View Details
    • $3,000

      Residential Lots with Mountain Views

      Two contiguous lots totaling 1.02 acres in Cochise, Arizona.
      Irving Street, Cochise, AZ 85606
      View Details
    • $568,710

      Land Available For Sale

      Land available for sale.
      000 N Us 191, Other, AZ 85606
      View Details

    FAQs

    What type of property is this?
    Land - Over 15 acres of land near Highway 191.
    Where is this land located?
    The property is located at 199 East Horse Country Road Cochise, AZ.
    What is the asking price?
    The asking price for this property is $47,000.
    What are key features of this property?
    This property features: Seller carryback financing available.; Large 15+ acre property.; Seller willing to split the property.
    (480) 510-4555
    We can help!
    Listing Contact
    Jeremy J Schutt
    Jeremy J Schutt
    Real Estate License ID: BR542319000
    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

    Thank You for Inquiry
    199 East Horse Country Road, Cochise, AZ 85606
    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!