Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3130 E 15Th Ave Apache Junction, AZ 85119

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $429,900

    Move-in ready home with horse facilities and mountain views.

    Property size:
    1,678 SF
    Lot size:
    1.04 Acres

    Property Features for 3130 E 15Th Ave

    General Information

    Size
    1,678 SF
    Lot size
    1.04 Acres

    Building Details

    Year built
    1974

    We can help!

    Listing Contact
    Jeanne Lomastro
    Source: Kw

    Listing Agent: Jeanne Lomastro

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Apache Junction Horse Property

    This move-in ready property features a 1,678 sq ft home with 3 bedrooms and 2 bathrooms, situated on over an acre with no HOA. The property includes solar panels, RV parking, and views of the Superstition Mountains. Horse facilities are already in place, including a corral, covered stalls, and a tack room. Nearby trails offer extensive riding opportunities. The property has its own water source, eliminating the need to haul water or share a well. The location in Apache Junction allows for potential expansion with a shop, casita, or guest quarters.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Spa & Massage Auto Repair Shop Hair Salon Clothing Store Nail Salon Hotel & Motel Gym & Fitness Pharmacy Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Apache Junction
    County
    Pinal
    State
    Arizona
    Longitude
    -111.5120525
    Latitude
    33.4017597

    Nearby Similar for Sale

    • New
      $134,900
      0.04 Acres

      Updated Home Near Golden Vista

      Bright, furnished home near amenities and Reflection Park.
      890 Nightdigger Rd, Apache Junction, AZ 85119
      View Details
    • $209,900
      0.04 Acres

      Golden Vista Park Model Home

      Furnished park model in Golden Vista with entertaining space.
      167 Limestone Dr, Apache Junction, AZ 85119
      View Details
    • $149,900
      0.04 Acres

      Golden Vista Land Ownership

      Move-in ready home with casita in a resort community.
      71 Jacknife Dr, Apache Junction, AZ 85119
      View Details
    • $159,900
      0.04 Acres

      Land in Resort Community

      Land with improvements in a top-tier 55+ resort.
      782 S Cinnabar Dr, Apache Junction, AZ 85119
      View Details
    • $106,000
      Pending

      Land with Park Model Home

      One-bedroom park model home in a 55+ resort community.
      448 S Ironstone Dr, Apache Junction, AZ 85119
      View Details
    • $119,900
      0.04 Acres

      Golden Vista Land Ownership

      Land ownership in a vibrant 55+ active adult community.
      632 Hawks Eye Dr, Apache Junction, AZ 85119
      View Details
    • New
      $99,900
      0.04 Acres

      Land in 55+ Community

      Land in a desirable 55+ community with many amenities.
      932 Nickel Dr, Apache Junction, AZ 85119
      View Details
    • New
      $100,000
      0.04 Acres

      Land in Golden Vista Community

      Land with mountain views and access to community amenities.
      265 Cinnabar Dr, Apache Junction, AZ 85119
      View Details
    • $99,900
      0.04 Acres

      Land in Resort-Style Community

      Land in a vibrant 55+ resort-style community.
      94 Jacknife Dr, Apache Junction, AZ 85119
      View Details
    • New
      $77,500
      400 SF

      Land with Park Model Home

      Charming park model in a vibrant 55+ resort community.
      564 S Rock Hound Dr, Apache Junction, AZ 85119
      View Details
    • $85,000
      Pending

      Land in Gated Resort Community

      One-bedroom home in a 55+ gated resort community.
      1052 S Quartz Dr, Apache Junction, AZ 85119
      View Details
    • $470,000

      Multifamily Duplex on Large Lot

      Duplex on large lot, potential for additional income streams.
      143 S Mountain Rd, Apache Junction, AZ 85120
      View Details

    FAQs

    What type of property is this?
    Horse & equestrian property - Move-in ready home with horse facilities and mountain views.
    Where is this horse & equestrian property located?
    The property is located at 3130 E 15Th Ave Apache Junction, AZ.
    What is the asking price?
    The asking price for this property is $429,900.
    What are key features of this property?
    This property features: - Over an acre of land with no HOA, offering freedom and space.; - Move-in ready 3 bed, 2 bath home with 1,678 sq ft.; - Equipped with horse facilities (corral, covered stalls, tack room) and access to nearby trails.
    Request Owner's contact information
    3130 E 15Th Ave Apache Junction, AZ 85119
    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.
    3130 E 15Th Ave
    Apache Junction, AZ 85119
    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
    3130 E 15Th Ave Apache Junction, AZ 85119
    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

    We can help!
    Listing Contact
    Jeanne Lomastro
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.