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

    321 Main St Safford, AZ 85546

    Sponsored
    For Sale
    Contact for pricing

    0.52-acre lot, C-1 zoning, high traffic.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    421
    This exceptional 0.52-acre commercial land parcel presents a unique investment opportunity in the thriving city of Safford, Arizona. Located at 321 W Main Street, this property boasts a highly desirable C-1, General Commercial zoning designation, opening doors to a wide array of potential uses. Its strategic location on Main Street ensures high visibility and accessibility, benefiting from significant daily traffic counts of 3,239 vehicles per day (2022 data). The property's address is 321 W Main St, Safford, AZ 85546, with the APN number 102-22-438. Situated in Graham County, this lot offers convenient proximity to Safford's principal commercial corridors, making it an ideal location for businesses seeking strong foot traffic and convenient access for customers. The property's size provides ample space for development, allowing for flexibility in design and construction plans. This is a rare opportunity to acquire a well-positioned commercial lot in a growing Arizona market. Don't miss out on this chance to establish your business in a prime location with excellent visibility and high traffic volume.

    Property Features for 321 Main St

    General Information

    Property type
    Land
    Lot Size
    22,651 SF

    We can help!

    Listing Contact
    Dave Hammack
    Dave Hammack

    Learn more

    Property Insight Report

    HighLights

    • High‑visibility location on 4th Ave, Safford, AZ, near major commercial areas.
    • High traffic counts: 3,239 vehicles per day (VPD) on Main Street (2022 data).
    Property Profile Location Intelligence

    Current Use by Public Records

    Chase ATM Atm Chase Bank Bank Chase Mortgage Loan Service

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Safford
    County
    Graham
    State
    Arizona
    Longitude
    -109.7110357
    Latitude
    32.8329465

    Nearby Similar for Sale

    • $490,000
      3,040 SF

      Versatile Commercial Property with Residence

      Commercial building with residence on highway, endless possibilities.
      3352 S Us Highway 191, Safford, AZ 85546
      View Details
    • $3,400,000
      20,978 SF

      Operational Theater on 3.42 Acres

      Four-screen movie theater with expansion potential on a 3.42-acre lot.
      555 E Entertainment Ave, Safford, AZ 85546
      View Details
    • $899,000
      5,256 SF

      Versatile Commercial Property with Warehouse

      Commercial office building with warehouse and highway frontage in Safford.
      1200 W Thatcher Blvd, Safford, AZ 85546
      View Details
    • $685,000
      4,075 SF

      Historic Safford Bed and Breakfast

      Charming historic property with income potential in Safford, Arizona.
      1104 S Central Ave, Safford, AZ 85546
      View Details
    • $899,000
      5,256 SF

      Safford Commercial Property with Warehouse

      Versatile commercial property with office, warehouse, and highway frontage.
      1200 W Thatcher Blvd, Safford, AZ 85546
      View Details
    • $1,500,000
      3,200 SF

      Highway 191 Commercial Property

      Established business opportunity with high visibility and loyal clientele.
      4661-4641 S Us Highway 191, Safford, AZ 85548
      View Details
    • $360,000
      2,000 SF

      Safford Commercial Metal Building

      Versatile 2,000 sq. ft. commercial building off the highway.
      1819 S 1St Ave, Safford, AZ 85546
      View Details
    • Contact for pricing
      1,517 SF

      Safford Office Suite For Sale

      Highly visible office suite with ADA features and ample parking.
      1491 W Thatcher Blvd, Safford, AZ 85546
      View Details
    • $270,000
      2,481 SF

      Historic Downtown Safford Commercial Building

      2481 sqft commercial building in historic downtown Safford.
      503 W Main St, Safford, AZ 85546
      View Details
    • $99,900
      20.04 Acres

      Unique Land with Reservoir and Dam

      Land with reservoir, dam, and wells in Desert Hills Ranchettes.
      No Address Available/ Unknown, Safford, AZ 85546
      View Details
    • Contact for pricing
      1,300 SF

      Safford Office Building Available Soon

      Commercial building in Safford, AZ, ready for business success.
      1491 W Thatcher Blvd, Safford, AZ 85546
      View Details
    • $330,000
      4,800 SF

      Safford Warehouse with Income Potential

      4,800 sq ft warehouse on 1.34 acres with storage units.
      100 E 2Nd St, Safford, AZ 85546
      View Details

    FAQs

    What type of property is this?
    Land - 0.52-acre lot, C-1 zoning, high traffic.
    Where is this land located?
    The property is located at 321 Main St Safford, AZ.
    What are key features of this property?
    This property features: High-visibility location on 4th Ave, Safford, AZ, near major commercial areas.; High traffic counts: 3,239 vehicles per day (VPD) on Main Street (2022 data).;
    (520) 546-2712
    Request Owner's contact information
    321 Main St Safford, AZ 85546
    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.
    321 Main St
    Safford, AZ 85546
    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
    321 Main St Safford, AZ 85546
    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
    Dave Hammack
    Dave Hammack
    Real Estate License ID: SA524273000
    (520) 546-2712
    Learn more
    Google sign-in failed. Please try again or use another login method.