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
    The Largest CRE Database in the US with Over 1 Million Listings

    401 S 31St Dr Show Low, AZ 85901

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $580,000

    Remodeled 3-bedroom home on 1.11 acres with RV garage.

    Property size:
    2,163 SF
    Lot size:
    1.11 Acres

    Property Features for 401 S 31St Dr

    General Information

    Size
    2,163 SF
    Lot size
    1.11 Acres

    Building Details

    Year built
    1993

    We can help!

    Listing Contact
    Jennifer Thomas
    Source: Kw

    Listing Agent: Jennifer Thomas

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

    Learn more

    Property Insight Report

    Overview

    Remodeled Home Surrounded by Pines

    This remodeled home, situated on 1.11 acres amongst tall Ponderosa Pines, offers a peaceful mountain living experience within city limits. The 3-bedroom, 2-bath home features an open-concept floor plan, with the family room and living room connected by a two-sided fireplace. The kitchen includes updated finishes and ample space for cooking and gathering. An attached two-car garage includes a sink. A 30x60 RV garage, equipped with power, insulation, heating, and a concrete floor, is suitable for use as a workshop or for RV storage. The property also features a generous covered deck facing the pines, and an Arizona room with a pellet stove. A backup generator and generator plug are included to power the main house during power outages. The property is located in Show Low, AZ.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Department Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Show Low
    County
    Navajo
    State
    Arizona
    Longitude
    -110.076067
    Latitude
    34.245783

    Nearby Similar for Sale

    • $1,500,000
      11,951 SF

      Show Low Office Investment Opportunity

      Two fully occupied office buildings totaling 11,951 SF on 1.33 acres.
      1801 W Deuce Of Clubs, Show Low, AZ 85901
      View Details
    • $180,000
      0.07 Acres

      Show Low Land with RV

      Land in Show Low with a 2024 Grand Design RV.
      2241 Saddlebag Ln, Show Low, AZ 85901
      View Details
    • $430,000
      1,073 SF

      Furnished Villa in Show Low

      Furnished two-bedroom villa in a serene wooded setting.
      3905 W Cooley St, Show Low, AZ 85901
      View Details
    • $799,000
      4,840 SF

      Established Machine Shop on 1.97 Acres

      Commercial property with established machine shop business for sale.
      2981 E Adams, Show Low, AZ 85901
      View Details
    • $45,000

      Retail Boutique Business Opportunity

      Retail decor and clothing boutique business for sale in Show Low.
      151 N White Mountain Rd, Show Low, AZ 85901
      View Details
    • $140,000
      0.06 Acres

      Show Low Land with Amenities

      Land in Show Low with full hookups and amenities.
      2321 E Quarter Horse Way, Show Low, AZ 85901
      View Details
    • New
      $525,000
      3,000 SF

      Show Low Commercial Building For Sale

      Commercial building with office space and parking in Show Low.
      3700 Industrial Loop, Show Low, AZ 85901
      View Details
    • $595,000
      6,353 SF

      Commercial Property with Heavy-Duty Shop

      3.55 acres with 6,353 sqft shop designed for heavy equipment.
      8746 Luana Dr, Show Low, AZ 85901
      View Details
    • New
      $185,000
      0.07 Acres

      Show Low Park Model Home

      Charming park model in 55+ Juniper Ridge Resort.
      8276 Lake Shore Dr, Show Low, AZ 85901
      View Details
    • Contact for pricing
      0.28 Acres

      Land in Show Low, AZ

      Residential land available in Show Low, Arizona.
      1847 Rocky Btm Pl, Show Low, AZ 85901
      View Details
    • $60,000
      0.36 Acres

      Land with Panoramic Lake Views

      Land with private lake access, near shopping, hiking, and fishing.
      1916 Daggs Cir, Show Low, AZ 85901
      View Details
    • $89,000
      0.06 Acres

      RV Site in Gated Community

      RV site in 55+ gated community with amenities.
      8203 Navajo Cir, Show Low, AZ 85901
      View Details

    FAQs

    What type of property is this?
    Single family property - Remodeled 3-bedroom home on 1.11 acres with RV garage.
    Where is this single family property located?
    The property is located at 401 S 31St Dr Show Low, AZ.
    What is the asking price?
    The asking price for this property is $580,000.
    What are key features of this property?
    This property features: - 1.11 acre lot surrounded by Ponderosa Pines offers peaceful mountain living within city limits.; - **30x60 RV garage with power, insulation, heating, and concrete floor, suitable for workshop or RV storage.**; - Remodeled 3 bedroom, 2 bath home with open-concept floor plan.
    Request Owner's contact information
    401 S 31St Dr Show Low, AZ 85901
    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.
    401 S 31St Dr
    Show Low, AZ 85901
    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
    401 S 31St Dr Show Low, AZ 85901
    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
    Jennifer Thomas
    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.