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    Pecan Farm with Irrigation Infrastructure Title is generated by Realmo AI

    4968 West Gleeson Road, Elfrida, AZ 85610

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    Large producing pecan acreage with sprinkler irrigation, multiple wells, and on-site processing and workforce improvements.

    Type:Land
    Property size:
    845 SF
    Price / SF:
    $22,378/SF
    Added:
    Jun 1, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 6 at 5:26 am

    Property Features for 4968 West Gleeson Road

    General Information

    Standard status
    Active
    Size
    845 SF
    Property subtype
    Land

    We can help!

    Listing Contact
    Kaley Salopek

    Listing agent Kaley Salopek License #NM 52319

    Listing office Better Homes and Gardens Real Estate Steinborn & Associates

    Listing date Jun 1, 2026

    Source Crexi

    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 Better Homes and Gardens Real Estate Steinborn & Associates

    HighLights

    • Approximately 844.57+/- acre pecan farm in Elfrida, Arizona with about 685 acres planted in producing pecan trees
    • Sprinkler irrigation infrastructure includes in‑ground solid set systems and nine active wells
    • Pecan variety mix includes Western, Wichita, and Waco trees
    • One property includes a fertigation system for nutrient delivery and water‑use efficiency
    • On‑site processing includes a pecan pre‑cleaner to streamline harvesting, handling, and processing
    • Extensively improved with three homes, one apartment, a 5,000+/- SF pole barn, a large shop, and a dedicated employee break room

    Overview

    This exceptional pecan farm comprises 844.57± acres, with approximately 685 acres planted in producing pecan trees featuring a mix of Western, Wichita, and Waco varieties. An additional 80 acres of open farmland provides options for expansion or future agricultural use. The operation is supported by in-ground solid set sprinkler irrigation systems and nine active wells, and one of the properties includes a fertigation system for nutrient delivery and water-use efficiency. A pecan pre-cleaner is included to streamline harvesting, handling, and processing activities.

    The farm is located in Elfrida, Arizona, at 4968 West Gleeson Road. The property includes extensive on-site improvements designed for day-to-day management and labor support, including three homes, one apartment, a 5,000+/- sq ft pole barn, a large shop, and a dedicated employee break room.

    For agricultural investors and established growers seeking a high-capacity pecan operation, the combination of producing acreage, irrigation and well infrastructure, and harvest/processing equipment supports efficient farm management. The included housing and facilities can help accommodate both management and workforce needs in one location, creating a more self-contained operating environment.
    Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Spa & Massage Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Elfrida
    County
    Cochise
    State
    Arizona
    Longitude
    -109.752267
    Latitude
    31.701636

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    FAQs

    What type of property is this?
    Farm - Large producing pecan acreage with sprinkler irrigation, multiple wells, and on-site processing and workforce improvements.
    Where is this farm located?
    The property is located at 4968 West Gleeson Road Elfrida, AZ.
    What is the asking price?
    The asking price for this property is $18,900,000.
    What are key features of this property?
    This property features: Approximately 844.57+/- acre pecan farm in Elfrida, Arizona with about 685 acres planted in producing pecan trees; Sprinkler irrigation infrastructure includes in‑ground solid set systems and nine active wells; Pecan variety mix includes Western, Wichita, and Waco trees
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kaley Salopek
    Real Estate License ID: NM 52319
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    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.

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    4968 West Gleeson Road, Elfrida, AZ 85610
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