Add Listing
    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

    Stewart St Oracle, AZ 85643

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Downtown Willcox development site, I-1 zoning.

    Property Features for 0 Stewart St

    General Information

    Property type
    Land
    Lot Size
    784,080 SF

    We can help!

    Listing Contact
    Jim Vincent
    Jim Vincent

    Listing Agency: J Vincent Company Listing Agent: Jim Vincent

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

    Learn more

    Overview

    This exceptional 18-acre commercial land parcel presents a unique investment opportunity in the heart of historic Willcox, Arizona. Located on E. Stewart Street, this property boasts I-1 zoning within the City of Wilcox, allowing for a wide range of development possibilities. The land's previous plat indicates potential for up to 117 lots, making it ideal for projects such as an RV park, as previously envisioned. Priced at $299,000, or $19,944 per acre, this represents a compelling value in a desirable location. Situated in the downtown area, the property offers stunning views of the Dos Cabezas Mountains and is within walking distance of the vibrant Historic Railroad Avenue, a district brimming with museums, shops, restaurants, bars, and local wineries. The property's proximity to the beautiful Historic Railroad Avenue Park adds to its appeal. This rare offering provides a chance to capitalize on the growing interest in Willcox and its rich history, while benefiting from the flexibility afforded by its versatile zoning. Serious inquiries are encouraged to explore the full potential of this remarkable development site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Oracle
    County
    Cochise
    State
    Arizona
    Longitude
    -109.826501
    Latitude
    32.251624

    Nearby Similar for Sale

    • $249,999
      3,060 SF

      Commercial Building in Oracle, Arizona

      Leased commercial building in Oracle with main road frontage.
      620 E American Ave, Oracle, AZ 85623
      View Details
    • $395,000
      2,384 SF

      Oracle Patio Cafe & Market

      Profitable restaurant and market with expansion potential in Oracle, AZ.
      270 E American Ave, Oracle, AZ 85623
      View Details
    • $999,000
      8,820 SF

      Mixed-Use Property Near Mt. Lemmon

      Two homes and a commercial building with four rentable spaces.
      760 E American Ave, Oracle, AZ 85623
      View Details
    • $989,000
      2,016 SF

      Turn-Key Tavern with Income Property

      Operating tavern and rental property on two parcels in Oracle.
      1200 N Jefferson Dr, Oracle, AZ 85623
      View Details
    • $69,500
      432 SF

      Commercial Space in Oracle, AZ

      Versatile 432 sq ft commercial space in Oracle, AZ.
      399 E American Ave, Oracle, AZ 85623
      View Details
    • $69,500
      5.00 Acres

      5-Acre Horse Property in Oracle

      Spectacular horse property bordering Coronado National Forest with mountain views.
      34337 Happy Thot Dr, Oracle, AZ 85623
      View Details
    • $450,000
      2,384 SF

      Oracle Patio Cafe & Market

      Profitable Turnkey Business Opportunity
      270 American Ave, Oracle, AZ 85623
      View Details
    • $6,500,000
      25,000 SF

      Historic 459-Acre Arizona Ranch

      Mountain retreat, luxury lodging, huge potential.
      36019 Mt Lemmon Rd, Oracle, AZ 85623
      View Details

    FAQs

    What type of property is this?
    Land - Downtown Willcox development site, I-1 zoning.
    Where is this land located?
    The property is located at Stewart St Oracle, AZ.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 18-acre commercial land parcel in Willcox, Arizona.; I-1 zoning allows for diverse development options.; Potential for up to 117 lots, ideal for projects like an RV park.
    (520) 548-0216 Call to check price and availability
    Request Owner's contact information
    Stewart St Oracle, AZ 85643
    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.
    Stewart St
    Oracle, AZ 85643
    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
    Stewart St Oracle, AZ 85643
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jim Vincent
    Jim Vincent
    Real Estate License ID: BR512131000
    (520) 548-0216
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!