Property profile

280 Concho Dr 55 Sedona, AZ 86351

FOR SALE
Residential land & home lots
Property ID
US07-1409234
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Property summary

AI-generated overview

Imagine building your dream home amidst the gorgeous red rock views of Sedona, Arizona. This location offers full enjoyment of nearby hiking trails, parks, world-class golfing, and amazing dining and shopping options, yet is away from the higher-traffic tourist areas. At 280 Concho, you will find everything you've been looking for: a quarter-acre, level lot, Surveyed with a site plan in place (see attached, floorplan, elevation, etc). The property is designated for site-built homes only, with a minimum size of 1400 square feet. It allows for 30-day minimum rentals, and the low HOA dues are only $330 per year. Whether you are planning on building now or later, or simply looking for an investment, this property should be at the top of your list!

Property profile

Verified
Property type Residential land & home lots
UPID US07-1409234

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

280 Concho Dr, Unit 55 Sedona, AZ 86351
Sedona metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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