Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Commercial Land Near Grand Canyon Title is generated by Realmo AI

    238 E Coronado Drive, Williams, AZ 86046

    View on Map
    Claim this Listing
    For Sale
    $149,000

    COMMERCIAL - Williams, AZ

    Lot size:
    1.14 Acres
    Added:
    Nov 5, 2025
    Days on Market:
    202
    Last Refresh:
    May 26 at 9:06 pm

    Property Features for 238 E Coronado Drive

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    CG-10000
    Standard status
    Active
    APN
    50315057
    Lot size
    1.14 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    SUBDIVISION: GRAND CANYON UNIT 10 LOT: 396 SIXTEENTH: SW QUARTER: SW SECTION: 12 TOWNSHIP: 26N RANGE: 2E
    Tax Annual Amount
    40

    We can help!

    Listing Contact
    Kevin V Schroeder

    Listing agent Kevin V Schroeder License #S.0200095

    Listing office Skysbright Realty 725 Kiowa, Flagstaff, AZ

    Listing date Nov 5, 2025

    MLS# 202656 Listing URL

    Copyright © 2026 Northern Arizona Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑traffic location next to US‑180 and SR‑64, the main highway to the Grand Canyon South Rim.
    • Proximity to the Grand Canyon, Historic Williams, Snow Bowl, and Flagstaff.
    • 1.14 acre level commercial parcel.
    • Phase 3 power nearby (approximately 750 ft).
    • Located in Grand Canyon Junction.
    • High visibility to approximately 4.7 million annual visitors to the Grand Canyon South Rim.

    Overview

    This 1.14-acre level commercial parcel is located in Grand Canyon Junction, near US-180 and SR-64. SR-64 serves as the main highway leading to the South Rim of the Grand Canyon, which attracts approximately 4.7 million visitors annually. The property is situated close to the Grand Canyon, historic Williams, Snow Bowl, and Flagstaff. Power is available to the curb, with Phase 3 power located nearby at approximately 750 feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Storage Facility Bar & Pub Hotel & Motel Restaurant Locksmith Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Williams
    County
    Coconino
    State
    Arizona
    Longitude
    -112.135146
    Latitude
    35.6445335

    Nearby Similar for Sale

    • $140,000

      Scenic Land in Williams, Arizona

      10 acres with mountain views, forests, and seasonal creek.
      5305 N RED MOUNTAIN Road, Williams, AZ 86046
      View Details
    • $250,000

      Williams, AZ Land Parcel

      18.15 acres near forest with mountain views.
      5303 N RED MOUNTAIN Road, Williams, AZ 86046
      View Details
    • $190,000

      Pine Tree Covered Double Lot

      Double lot in gated community near Williams with utilities.
      1085 Timbernook, Williams, AZ 86046
      View Details
    • $122,997

      Land Near Grand Canyon

      2.5 acres near Grand Canyon South Rim.
      3535 E Venice Drive, Williams, AZ 86046
      View Details
    • $109,000

      Land with Cabin in Williams

      2+ acre property with cabin near Highway 180.
      4650 E Juniper Road, Williams, AZ 86046
      View Details
    • $209,000

      Golf Course Corner Lot

      Exceptional homesite on Elephant Rocks Golf Course's 8th Fairway.
      2682 W Highland Meadows Drive, Williams, AZ 86046
      View Details
    • $255,000

      Woodland Ranch Land with Trailer

      20.04 acres with trailer near Grand Canyon.
      4063 E Woodland Ranch Road, Williams, AZ 86046
      View Details
    • $260,000

      Land in Mountain-Side Community

      Fenced land with sheds, utilities, and development potential.
      7330 N PINON PINE Street, Williams, AZ 86046
      View Details
    • $16,500

      Highway Land Near Grand Canyon

      One-acre lot near Grand Canyon with highway access.
      3384 Us Hwy 180, Williams, AZ 86046
      View Details
    • $350,000

      Heavily Treed Land in Williams

      10 acres with well, septic, and electricity in Williams, AZ.
      6090 N Cliff Rose, Williams, AZ 86046
      View Details
    • $220,000

      Williams, AZ One Acre Land

      One acre land parcel in Sherwood Forest Estates.
      7804 E Long Bow Drive, Williams, AZ 86046
      View Details
    • $125,000

      Treed Land Near State Trust

      41.6 acres backing State Trust Land near Grand Canyon.
      5752 N Hidden Ranch Road, Williams, AZ 86046
      View Details

    FAQs

    What type of property is this?
    Commercial land - 1.14 acre commercial parcel near Grand Canyon South Rim.
    Where is this commercial land located?
    The property is located at 238 E Coronado Drive Williams, AZ.
    What is the asking price?
    The asking price for this property is $149,000.
    What are key features of this property?
    This property features: High‑traffic location next to US‑180 and SR‑64, the main highway to the Grand Canyon South Rim.; Proximity to the Grand Canyon, Historic Williams, Snow Bowl, and Flagstaff.; 1.14 acre level commercial parcel.
    (928) 310-0994
    We can help!
    Listing Contact
    Kevin V Schroeder
    Real Estate License ID: S.0200095
    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
    238 E Coronado Drive, Williams, AZ 86046
    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!