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

    860 Road 1 Chino Valley, AZ 86323

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Mixed-use complex, 48 units, high occupancy

    Property size:
    36,210 SF

    Property Features for 860 Road 1

    General Information

    Property type
    Multifamily properties
    Square Feet
    36,210 SF
    Lot Size
    209,959 SF

    Building Details

    Year Built/Renovated
    2004/2023
    Buildings
    14
    Stories
    1
    Units
    48

    We can help!

    Listing Contact
    Karen Klabacha

    Listing Agency: Realty ONE Group Mountain Desert Listing Agent: Karen Klabacha

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

    Learn more

    Overview

    Whispering Winds is a highly desirable, stabilized mixed-use investment property located in Chino Valley, Arizona. This 36,210 square foot complex sits on a spacious 4.82-acre lot, offering a park-like setting. The property comprises 48 units, boasting a 95% occupancy rate, and includes a diverse mix of residential and commercial spaces. Residential units consist of six duplexes (each 904 sq ft, 2 bed/2 bath, 1-car garage, patio, fenced yard), three triplexes (each 626 sq ft, 1 bed/1 bath, patio, fenced yard), and three fourplexes (each unit 1,122 sq ft, 2 bed/2 bath, laundry room, stainless steel appliances
    Property Profile 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
    -112.46389412499
    Latitude
    34.738374594459

    Nearby Similar for Sale

    • New
      $585,000
      2.31 Acres

      Two Homes on 2.31 Acres

      Two homes on one parcel, perfect for rental income.
      905 Johnson Ln, Chino Valley, AZ 86323
      View Details
    • $450,000
      1.00 Acre

      Chino Valley Commercial/Industrial Property

      Commercial/Industrial property on State Route 89 in Chino Valley, AZ.
      3440 N State Route 89, Chino Valley, AZ 86323
      View Details
    • New
      $6,995,000
      4.82 Acres

      Mixed-Use Multifamily Investment Opportunity

      Mixed-use property with commercial, storage, and residential units.
      860 W Road 1 S, Chino Valley, AZ 86323
      View Details
    • New
      $6,995,000
      4.82 Acres

      Mixed-Use Investment Opportunity

      Multi-family and commercial property in Chino Valley, Arizona.
      860 Road 1 S, Chino Valley, AZ 86323
      View Details
    • $6,995,000

      Mixed-Use Property in Chino Valley

      Multi-family mixed-use property with commercial and residential units.
      860 W Road 1 S --, Chino Valley, AZ 86323
      View Details
    • $1,550,000
      4.59 Acres

      Entitled Storage Facility on 4.59 Acres

      200-unit outdoor storage facility on 4.59 acres in Chino Valley.
      1468 N State Route 89, Chino Valley, AZ 86323
      View Details
    • $395,000
      1,800 SF

      Chino Valley Industrial Property

      1,800 SF building on approximately 1.16 acres for sale.
      3707 Az-89, Chino Valley, AZ
      View Details
    • $495,000
      5,500 SF

      Chino Valley Warehouse For Sale

      5,500 SF warehouse divisible to 2,100 SF available.
      3651 Az-89, Chino Valley, AZ
      View Details
    • $495,000
      5,500 SF

      Chino Valley Flex/Industrial Building

      5,500 SF flex/industrial building in Chino Valley, Arizona.
      3627 Az 89, Chino Valley, AZ
      View Details
    • Contact for pricing
      43,040 SF

      Chino Valley Warehouse Opportunity

      Five buildings on 4.06 acres with highway frontage.
      3707 N State Route 89, Chino Valley, AZ 86323
      View Details
    • Contact for pricing
      16,250 SF

      Chino Valley Warehouse For Sale

      16,250 SF warehouse divisible to 3,750 SF available.
      3627-3651 Az-89, Chino Valley, AZ
      View Details
    • Contact for pricing
      18,360 SF

      Chino Valley Warehouse For Sale

      18,360 SF warehouse divisible to 4,800 SF available.
      3699 Az 89, Chino Valley, AZ
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Mixed-use complex, 48 units, high occupancy
    Where is this multifamily property located?
    The property is located at 860 Road 1 Chino Valley, AZ.
    What are key features of this property?
    This property features: 4.82-acre gated residential mixed-use complex in a park-like setting.; Six 2/2 duplexes with one-car garages, patios, and fenced yards.; Three 1/1 triplexes with patios and fenced yards.
    (928) 273-0456 Call to check price and availability
    Request Owner's contact information
    860 Road 1 Chino Valley, AZ 86323
    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.
    860 Road 1
    Chino Valley, AZ 86323
    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
    860 Road 1 Chino Valley, AZ 86323
    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
    Karen Klabacha
    Real Estate License ID: SA532438000
    (928) 273-0456 (928) 440-2522
    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!