Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2.35 AC Drake Road Golden Valley, AZ 86413

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - Golden Valley, AZ

    Lot size:
    2.35 Acres
    Added:
    Oct 26, 2024
    Days on Market:
    555
    Last Refresh:
    May 3 at 5:06 pm

    Property Features for 2.35 AC Drake Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    339-13-035B
    Lot size
    2.35 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Description
    GOLDEN SAGE RANCHOS UNIT 69 T22N R19W SEC 21 BLK C LOT 5 CONT 2.3 5 ACRES 339-13-035 (339-13-035A,B,C & D) 2007 TAX ROLL
    Tax Annual Amount
    48

    Utilities

    Sewer type
    Septic Needed

    We can help!

    Listing Contact
    Kerri Pearce
    Kerri Pearce

    Listing agent Kerri Pearce License #SA661113000

    Listing office KG Keller Williams Arizona Living Realty 2800 Hualapai Mtn Rd Ste G, Lake Havasu City, AZ

    Listing date Oct 26, 2024

    MLS# 021871 Listing URL

    Copyright © 2026 Western Arizona Realtors Data Exchange. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Golden Valley Land with Views

    This 2.35-acre property in Golden Valley, Arizona, offers views of the surrounding mountains. Located just off county-maintained roads, the land is suitable for building a home or for recreational use with an RV. The property is located in Mohave County, Arizona.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Golden Valley
    County
    Mohave
    State
    Arizona
    Longitude
    -114.052
    Latitude
    35.1895

    Nearby Similar for Sale

    • $35,000

      Golden Valley Land Parcel

      1+ acre parcel with utilities available near highways.
      117B N Bibo Road, Golden Valley, AZ 86413
      View Details
    • $261,000

      Commercial Land in Golden Valley

      Zoned C2H land with power and water available.
      305-06-161 Hwy 68, Golden Valley, AZ 86413
      View Details
    • $125,000

      Golden Valley Commercial Land Parcel

      2.35 acre commercial land parcel ready for development.
      S Kelvin Road, Golden Valley, AZ 86413
      View Details
    • $425,000

      Commercial Land in Golden Valley

      5.14 acre commercial property with ADOT approved approach.
      3374 Hwy 68, Golden Valley, AZ 86413
      View Details
    • $40,000

      Golden Valley Highway 93 Land

      One-acre commercial land parcel with highway access in Golden Valley.
      Hwy 93 lot: 7, Golden Valley, AZ 86413
      View Details
    • $149,850

      Golden Valley Land with Travel Trailer

      One-acre lot with travel trailer in Rancho Verde Estates.
      886 S San Pedro Road, Golden Valley, AZ 86413
      View Details
    • $59,900

      Golden Valley Land Opportunity

      Two parcels totaling 3.99 acres in Golden Valley, Arizona.
      3.99 Ac N Hoover Road, Golden Valley, AZ 86413
      View Details
    • $14,500

      Golden Valley Land with Mountain Views

      Versatile land with cleared driveway and mountain views.
      1193 S Dragoon Road, Golden Valley, AZ 86413
      View Details
    • $150,000

      Golden Valley Commercial Land Available

      Commercial land in Golden Valley, Arizona, zoned C2H.
      4286 US Highway 68, Golden Valley, AZ 86413
      View Details
    • $805,593

      Expansive Land in Golden Valley, AZ

      249 acres of land with panoramic views in Golden Valley.
      Unk N Zuni, Golden Valley, AZ 86413
      View Details
    • $46,000

      Land in Golden Valley, AZ

      Lot for sale with utilities access in Golden Valley.
      2904 W Walnut Creek Road, Golden Valley, AZ 86413
      View Details
    • $65,000

      Golden Valley Land with Panoramic Views

      3.43 acres with panoramic views, build your dream home!
      330-25-040 W Castle Springs Road, Golden Valley, AZ 86413
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.35 acres with mountain views in Golden Valley, AZ.
    Where is this residential land & home lot located?
    The property is located at 2.35 AC Drake Road Golden Valley, AZ.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: 2.35 acres of land with amazing mountain views.; Ready to build a home.; RV access for weekend getaways.
    (928) 279-1784
    We can help!
    Listing Contact
    Kerri Pearce
    Kerri Pearce
    Real Estate License ID: SA661113000
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry

    2.35 AC Drake Road, Golden Valley, AZ 86413

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!