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

    585 N Anasazi Dr, Unit 11 Page, AZ 86040

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $155,000

    Land available for purchase.

    Lot size:
    0.23 Acres

    Property Features for 585 N Anasazi Dr

    General Information

    Lot size
    0.23 Acres

    We can help!

    Listing Contact
    Morgan Taylor Realty
    Source: Kw

    Listing Agent: Morgan Taylor Realty

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

    Learn more

    Overview

    Land For Sale

    This land is available for sale. The property is located at 585 N ANASAZI Drive #11, Page, AZ 86040.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Page
    County
    Coconino
    State
    Arizona
    Longitude
    -111.154
    Latitude
    36.8282

    Nearby Similar for Sale

    • $1,150,000
      7,840 SF

      Lake Powell Lodging Investment Opportunity

      Extended-stay lodging facility with high occupancy near Lake Powell.
      524 Haul Rd Rd, Page, AZ 86040
      View Details
    • $1,650,000
      4,129 SF

      Prime Corner Commercial Building in Page

      Remodeled commercial building in Page's downtown walking district.
      6 N Lake Powell Blvd, Page, AZ 86040
      View Details
    • $395,000
      1,800 SF

      Upgraded Live/Work Space Near Lake Powell

      Commercial property with upgraded features, ideal for live/work near Lake Powell.
      494 Haul Rd, Page, AZ 86040
      View Details
    • $3,500,000
      1,997 SF

      Commercial Building and Business Opportunity

      Commercial property with existing business and development potential in Page, AZ.
      812 Aqua Ave, Page, AZ 86040
      View Details
    • $1,500,000
      2,904 SF

      Industrial Park Commercial Building For Sale

      1.67 acre commercial lot with shop and storage.
      2020 Industrial Dr, Page, AZ 86040
      View Details
    • $799,000
      4,400 SF

      Commercial Building and Auto Business

      Established auto shop with real estate and living quarters.
      2065 Industrial Dr, Page, AZ 86040
      View Details
    • $499,900
      2,675 SF

      Page, AZ Multi-Family Investment

      Three-unit property with immediate revenue stream and recent renovations.
      139-143 8 Ave, Page, AZ 86040
      View Details
    • $1,250,000
      3,300 SF

      Commercial Building on Navajo Drive

      Two buildings on .89 acres suitable for various commercial uses.
      825 N Navajo Dr, Page, AZ 86040
      View Details
    • $465,900
      2,675 SF

      Page, AZ Investment Property

      Multi-family property with immediate income stream and development potential.
      131-135 8 Ave, Page, AZ 86040
      View Details
    • $899,000
      5,988 SF

      Page, AZ Multi-Family Property

      Multi-family property featuring a 4-plex and a duplex.
      423 Elm St, Page, AZ 86040
      View Details
    • $1,125,000
      15,276 SF

      Page, AZ Commercial Compound

      Massive Warehouse, 4.65 Acres, Two Homes
      2010 Industrial Dr, Page, AZ 86040
      View Details

    FAQs

    What type of property is this?
    Land - Land available for purchase.
    Where is this land located?
    The property is located at 585 N Anasazi Dr, Unit 11 Page, AZ.
    What is the asking price?
    The asking price for this property is $155,000.
    What are key features of this property?
    This property features: - Land available for purchase.
    Request Owner's contact information
    585 N Anasazi Dr, Unit 11 Page, AZ 86040
    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.
    585 N Anasazi Dr, Unit 11
    Page, AZ 86040
    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
    585 N Anasazi Dr, Unit 11 Page, AZ 86040
    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
    Morgan Taylor Realty
    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.