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

    135 CRYSTAL SKY Drive 36 Sedona, AZ 86351

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $308,000

    Land parcel available in Sedona, Arizona.

    Type:Land
    Added:
    Dec 3, 2025
    Days on Market:
    120
    Last Refresh:
    Mar 16 at 8:23 am

    Property Features for 135 CRYSTAL SKY Drive 36

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Lisa Frost
    Lisa Frost

    Listing agent Lisa Frost License #BR116904000

    Listing office

    Listing date Dec 3, 2025

    Source Evrealestate

    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 Lisa Frost

    Overview

    Sedona Land Parcel For Sale

    Located in the Village Of Oak Creek, this land parcel is accessible from AZ 179 North or South to the Sedona Golf Resort roundabout. From there, turn onto Ridge Trail Drive and proceed to Crown Ridge Road on the left. Continue on Crown Ridge Road past the intersection with Saddle Horn Road until you reach Crystal Sky Drive on the left. The property is located at 135 CRYSTAL SKY Drive 36, Sedona, AZ 86351, in Yavapai County.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Hotel & Motel Gym & Fitness Center Kitchen & Bath Showroom Accounting Firm Bar & Pub Garden Center (Bike/Boat/Book/etc) Store Travel Agency Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Sedona
    County
    Coconino
    State
    Arizona
    Longitude
    -111.78906
    Latitude
    34.773067

    Nearby Similar for Sale

    • $350,000

      Sedona Land with Red Rock Views

      2.13-acre homesite in a breathtaking Sedona setting.
      520 Back O Beyond Road, Sedona, AZ 86336
      View Details
    • $2,250,000

      Sedona Fourplex with Expansion Potential

      Turnkey Sedona fourplex in Uptown with expansion possibilities.
      615 JORDAN Road, Sedona, AZ 86336
      View Details
    • $299,500

      Sedona Land with Panoramic Views

      Premium lot with expansive views and National Forest access.
      25 Pinto Lane, Sedona, AZ 86351
      View Details
    • $275,000

      Sedona Red Rock View Land

      Pristine 1.01-acre parcel with panoramic red rock views.
      50 FOREST Lane unit: 14, Sedona, AZ 86336
      View Details
    • $320,000

      Sedona Land with Red Rock Views

      Residential land in private community with scenic views near downtown.
      365 OAK CREEK CLIFFS Drive unit: 2, Sedona, AZ 86336
      View Details
    • $650,000

      Sedona Land with Dark Skies

      2.5 acres of build-ready land in West Sedona.
      3510 CHIMNEY ROCK Lane, Sedona, AZ 86336
      View Details
    • $1,100,000

      Updated Triplex Near Golf Course

      Recently updated triplex with golf course views in Sedona.
      345 FAIRWAY OAKS Drive unit: 1-3, Sedona, AZ 86351
      View Details
    • $399,999

      Sedona Land with Red Rock Views

      Residential land with potential for short-term rental in Sedona.
      38 Fawn Spur unit: 0, Sedona, AZ 86336
      View Details
    • $1,649,000

      Sedona Homesite Bordered by Forest

      Rare 2.44-acre residential lot in West Sedona with red rock views.
      815 AIRPORT Road unit: 9, Sedona, AZ 86336
      View Details
    • $730,000

      Sedona Land with Panoramic Views

      2-acre lot in gated community with 360° red rock views.
      115 SILVERLEAF Drive unit: 32, Sedona, AZ 86336
      View Details
    • $295,000

      Sedona Land with Red Rock Views

      Residential land in gated community with utilities and red rock views.
      30 HIGH VIEW Drive unit: 29, Sedona, AZ 86351
      View Details
    • $199,000

      Sedona Homesite with Red Rock Views

      Rare opportunity to build in the heart of red rock country.
      205 SOLDIERS PASS Road, Sedona, AZ 86336
      View Details

    FAQs

    What type of property is this?
    Land - Land parcel available in Sedona, Arizona.
    Where is this land located?
    The property is located at 135 CRYSTAL SKY Drive 36 Sedona, AZ.
    What is the asking price?
    The asking price for this property is $308,000.
    What are key features of this property?
    This property features: Panoramic mountain views; Enjoy golf course views; Located in the Sedona Golf Resort area
    (928) 301-2523
    We can help!
    Listing Contact
    Lisa Frost
    Lisa Frost
    Real Estate License ID: BR116904000
    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!