Listing Agency: DiPeso Realty LLC Show Phone

Listed By: Melissa Herrera Dipeso · License #BR512560000 Show Phone

Source: Bridgettemichel

Added: Jul 26 Changed: Oct 13 Last Checked: Oct 14 at 10:39PM

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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 DiPeso Realty LLC

Investment Insights

Based on property information with market context.

This commercial land parcel encompasses 2 acres, with approximately 1.72 acres described as usable along the Highway 80 frontage. General business zoning is in place, and mature trees create a shaded, park-like setting across the property.

An existing 2,200-square-foot home built in 1960 is included, providing an established structure within the tract. The property is located at 221 E Patton Street in Saint David, Arizona, with the site’s highway exposure and existing improvements forming its primary physical characteristics.

Key Highlights

• 2‑acre commercial land parcel with approximately 1.72 usable acres
• General business zoning
• Highway 80 frontage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$13,794

Cap Rate

7.88%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$275,880 $275.9K

Cap Rate 7%

$197,057 $197.1K

Cap Rate 9%

$153,267 $153.3K

Market Conditions

NOI Build-Up for 2,200 SF

Gross rent

$25.1K $11.40/SF

− Vacancy

−$3.0K −$1.37/SF

EGI

$22.1K $10.03/SF

− OpEx

−$8.3K −$3.76/SF

NOI

$13.8K $6.27/SF

Area

Cochise County, AZ

Vacancy

12.00%

Lease Rate

$11.40 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$275,880

Cap Rate 7%

$197,057

Cap Rate 9%

$153,267

Alternative Uses

Best Use

Mixed Use

$197.1K

$172.4K – $229.9K (±1% cap)

NOI $13,794 @ 7.0% cap · market cap 7.88%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$326.0K

$285.3K – $380.3K (±1% cap)

NOI $22,820 @ 7.0% cap · market cap 13.04%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick HVAC Service Real Estate Agency Storage Facility Garden Center Nail Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

38

Businesses Nearby

Explore this area Business Placement

Demographics for 85630, AZ

2,585

Population

1,260

Households

2.1

Avg Household Size

50

Median Age

25%

College-Educated

97%

High-School Grad

154.1 sq mi

ZIP Area

17

Density / Sq Mi

$49,306

Median Household Income

$55,082

Median Earnings

$148,500

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this commercial land located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Commercial land - General business zoning and Highway 80 frontage define this commercially oriented property.

Where is this commercial land located?

The property is located at 221 E Patton Street Saint David, AZ.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: 2‑acre commercial land parcel with approximately 1.72 usable acres; General business zoning; Highway 80 frontage