Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Cordes Lakes Community Title is generated by Realmo AI

    20812 E Park View Lane, Mayer, AZ 86333

    View on Map
    Claim this Listing
    New
    For Sale
    $32,000

    LAND - Mayer, AZ

    Lot size:
    0.20 Acres
    Added:
    May 18, 2026
    Days on Market:
    6
    Last Refresh:
    May 23 at 2:06 pm

    Property Features for 20812 E Park View Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R1-10
    Standard status
    Active
    APN
    2774
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    CORDES LAKES #8 LOT 2774
    Tax Annual Amount
    117

    We can help!

    Listing Contact
    Lee D Giblin
    Lee D Giblin

    Listing agent Lee D Giblin License #BR565000000

    Listing office Code of the West Realty 8088 E State Route 69, Prescott Valley, AZ

    Listing date May 18, 2026

    MLS# 1082091 Listing URL

    Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Zoned for manufactured or site‑built homes, offering flexible building options.
    • Serviced by Liberty Utilities water, simplifying the building process.
    • Conveniently located approximately one hour from Prescott, Phoenix, and Flagstaff.
    • Easy access via asphalt roads.
    • Milder summers than Phoenix and warmer winters than Flagstaff.
    • Located in the growing community of Cordes Lakes.

    Overview

    This 0.20-acre parcel is located in the growing community of Cordes Lakes and is zoned for either manufactured or site-built homes. The property benefits from easy access via asphalt roads and is serviced by Liberty Utilities water. A new home and septic system are needed to complete the package. The location is approximately one hour from Prescott, Phoenix, and Flagstaff, offering access to multiple urban centers. The area features milder summers than Phoenix and warmer winters than Flagstaff, set amidst Arizona's high desert scenery.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Auto Repair Shop Pharmacy Big Box & Wholesale Store Hotel & Motel Auto Parts Store Department Store Food Market Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mayer
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.098528
    Latitude
    34.3198879

    Nearby Similar for Sale

    • $49,000

      Residential Land in Gated Community

      Homesite with views in a gated community near I-17.
      15425 E Upper Ridge Lane, Mayer, AZ 86333
      View Details
    • $43,000

      Mayer, AZ Land Parcel

      0.75-acre lot in gated community with views and amenities.
      12311 S Caballo, Mayer, AZ 86333
      View Details
    • $10,000

      Land in Cordes Lakes Community

      Land suitable for a get-a-way home near Phoenix.
      16765 Cordes W Circle, Mayer, AZ 86333
      View Details
    • $360,000

      Land in Mayer, Arizona

      8.71 acres of land with open space and views.
      15501 S Red Rock Lane, Mayer, AZ 86333
      View Details
    • $46,000

      Mayer, AZ Land with Views

      Elevated 0.83-acre lot in gated community with mountain views.
      12391 S Caballo, Mayer, AZ 86333
      View Details
    • $149,999
      1,292 SF

      Residential Land in Cortes Lakes

      Land with foundation, utilities, septic, and permits in Mayer, AZ.
      20226 E ZARAGOZA Drive, Mayer, AZ 86333
      View Details
    • $44,900

      Land with Hilltop Views

      Residential land in Mayer, AZ, with mountain and valley views.
      16977 S Madonna Road, Mayer, AZ 86333
      View Details
    • $39,000

      Residential Land in Gated Community

      0.85 acre residential land in a gated community.
      12225 S Bensch Circle, Mayer, AZ 86333
      View Details
    • $46,000

      Residential Land in Gated Community

      Elevated 0.83-acre lot with mountain views in Bensch Ranch.
      12391 S CABALLO Terrace, Mayer, AZ 86333
      View Details
    • $31,500

      Residential Lot in Cordes Lakes

      Level 0.22-acre lot in established residential subdivision.
      20201 E Saguaro Drive, Mayer, AZ 86333
      View Details
    • $30,000

      Buildable Lot in Spring Valley

      Investment opportunity: build a duplex and rent one unit.
      17124 E Roadrunner Road, Mayer, AZ 86333
      View Details
    • $40,000

      Residential Land in Gated Community

      0.87 acre lot in Bensch Ranch, Mayer, Arizona.
      12220 S BENSCH Circle, Mayer, AZ 86333
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 0.20-acre parcel zoned for manufactured or site-built homes.
    Where is this residential land & home lot located?
    The property is located at 20812 E Park View Lane Mayer, AZ.
    What is the asking price?
    The asking price for this property is $32,000.
    What are key features of this property?
    This property features: Zoned for manufactured or site‑built homes, offering flexible building options.; Serviced by Liberty Utilities water, simplifying the building process.; Conveniently located approximately one hour from Prescott, Phoenix, and Flagstaff.
    (928) 910-2777
    We can help!
    Listing Contact
    Lee D Giblin
    Lee D Giblin
    Real Estate License ID: BR565000000
    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
    20812 E Park View Lane, Mayer, AZ 86333
    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!