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    Mixed-Use Property in Chino Valley Title is generated by Realmo AI

    860 W Road 1 S, Chino Valley, AZ 86323

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    For Sale
    $6,750,000

    MULTI_FAMILY - Chino Valley, AZ

    Added:
    Feb 19, 2026
    Days on Market:
    84
    Last Refresh:
    May 14 at 10:06 am

    Property Features for 860 W Road 1 S

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    CL
    Parking features
    Off Street, Garage - Attached, Open
    Security features
    Security Lighting
    Appliances
    Free-Standing Range, Dishwasher, Refrigerator, Free-Standing Gas Oven, W/D Hookup
    Standard status
    Active
    APN
    309-29-026-X

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    38804

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Heat Pump (Heating), Central, Forced Air
    Cooling system
    Central Air, Heat Pump
    Water source
    Private, Well

    Building Details

    Year built
    2014
    Number of units
    48
    Flooring type
    Carpet, Laminate, Tile
    Building materials
    Wood Frame, Stucco
    Roof type
    Composition

    We can help!

    Listing Contact
    Karen Klabacha

    Listing agent Karen Klabacha License #SA532438000

    Listing office RealtyONEGroup Mountain Desert 100 E Sheldon St #200, Lake Havasu City, AZ

    Listing date Feb 19, 2026

    MLS# 6986983 Listing URL

    Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 100% Occupied Multi‑Family Mixed Use Property with Excellent Property Management
    • Mix of Commercial and Residential Units
    • Gated Residential Area with Garages, Patios, and Fenced Yards
    • New Roofs (2018) on Original Buildings and Upgraded Interiors in Newer Buildings (2018)
    • Separately Metered Units for Water & Gas
    • Private Water Company and Public Sewer

    Overview

    This mixed-use property is located in Chino Valley, Arizona. The property features two commercial buildings, each containing three office spaces. Attached to the rear of the office spaces are nine storage units, accessible via internal doors and exterior rollup doors, and finished with sheetrock and lighting. The gated residential area includes six duplexes, each with an attached one-car garage, back patio, and fenced yard, as well as three triplexes, each a one-bedroom, one-bath unit with a storage room, back patio, and fenced yard. The original construction was completed in 2004, and new roofs were installed in 2018. Additionally, there are three fourplexes, constructed in 2018, featuring upgraded interiors. A large common laundry room is available for the complex. Each unit is separately metered for water and gas. The property operates its own private water company and is connected to the town sewer system. The property is currently 100% occupied and benefits from excellent property management.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Holliday Properties & Development Construction Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Chino Valley
    County
    Yavapai
    State
    Arizona
    Longitude
    -112.463904
    Latitude
    34.739197

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    FAQs

    What type of property is this?
    Mixed-use property - Multi-family mixed-use property with commercial, storage, and residential units.
    Where is this mixed-use property located?
    The property is located at 860 W Road 1 S Chino Valley, AZ.
    What is the asking price?
    The asking price for this property is $6,750,000.
    What are key features of this property?
    This property features: 100% Occupied Multi‑Family Mixed Use Property with Excellent Property Management; Mix of Commercial and Residential Units; Gated Residential Area with Garages, Patios, and Fenced Yards
    (928) 273-0456
    We can help!
    Listing Contact
    Karen Klabacha
    Real Estate License ID: SA532438000
    Learn More
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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.

    More about this property
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