Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    28105 Hazen Rd Buckeye, AZ 85326

    • Land
    • 121.21 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 28105 Hazen Rd

    Lot size
    121.21 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 121.21-acre agricultural property, located at 28105 W Hazen Rd, Buckeye, Arizona 85326 (APN 401-09-012A), presents a unique investment opportunity. Currently operating as a dairy farm, this land boasts significant water rights within the highly desirable Buckeye Water Conservation and Drainage District (BWCDD), ensuring a reliable water supply for continued agricultural use. The property's R-43 zoning offers flexibility for potential future development, subject to applicable regulations. Situated in Maricopa County, Arizona, this well-located farm benefits from its proximity to abundant feed sources, making it an efficient and productive operation. The asking price for this turnkey operation is $7,000,000. The property's size and established infrastructure provide a solid foundation for continued dairy operations or potential diversification into other agricultural ventures. Detailed information regarding water rights and irrigation infrastructure is available upon request. This is a rare opportunity to acquire a substantial and productive agricultural property in a prime location. Serious inquiries only.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Buckeye
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.656
    Latitude
    33.3551

    Comparable in this City

    • Value Estimation by Request
      80.00 Acres

      Bullard Ave

      Farms • 80.00 Acres
      0 Bullard Ave, Buckeye, AZ 85326
      View Details
    • Value Estimation by Request
      55.47 Acres

      26551 Hazen Rd

      Farms • 55.47 Acres
      26551 Hazen Rd, Buckeye, AZ 85326
      View Details
    • Value Estimation by Request
      1.98 Acres

      205Th Ave

      Farms • 1.98 Acres
      0 205Th Ave, Buckeye, AZ 85326
      View Details
    • Value Estimation by Request
      24.48 Acres

      Old Us 80 Hwy

      Farms • 24.48 Acres
      0 Old Us 80 Hwy, Buckeye, AZ 85326
      View Details
    • Value Estimation by Request
      18.21 Acres

      29500 Baseline Rd

      Farms • 18.21 Acres
      29500 Baseline Rd, Buckeye, AZ 85326
      View Details
    • Value Estimation by Request

      6143 Johnson Rd

      Farms
      6143 Johnson Rd, Buckeye, AZ 85326
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      100.00 Acres

      Buckeye, AZ Industrial Land

      100 Acres, Development Ready, Rail Served
      0 Palo Verde Rd, Buckeye, AZ 85326
      View Details
    • $1,320,000
      24.48 Acres

      Palo Verde Farm & Storage Land

      24 Acres, Irrigated Farm, Storage Potential
      0 Old Us 80 Hwy, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      160 Acres Buckeye Development Land

      Prime Agricultural/Commercial/Industrial Land in Buckeye, AZ
      6143 Johnson Rd, Buckeye, AZ 85326
      View Details
    • $5,000,000
      18.21 Acres

      Prime Buckeye Land - 18 Acres

      Agricultural, Commercial, & Industrial Land in Arizona
      29500 Baseline Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing
      55.47 Acres

      SR 85 & Hazen Road Land

      55 Acres, Prime AZ Location
      26551 Hazen Rd, Buckeye, AZ 85326
      View Details
    • $2,200,000
      7.24 Acres

      Buckeye Land with Water Rights

      7.25 acres of land with grandfathered water rights.
      196xx W Us Hwy, Buckeye, AZ 85326
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,000,000 SF

      Prime Buckeye Retail Opportunity

      1M SF Retail, 2.35 Acres Available
      0 Nec Watson & Yuma, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      Buckeye Commercial Land for Rent

      Commercial land available at a dominant retail intersection.
      1075 S Watson Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      Commercial Land Near I-10

      Approximately 1.71-acre commercial land parcel near I-10 available for lease.
      789 Jackrabbit Trl, Buckeye, AZ 85326
      View Details
    • Contact for pricing
      18,750 SF

      Buckeye Land Pad Available

      18,750 SF pad site in Buckeye, Arizona for lease.
      2Nd St, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      Buckeye Land for Lease

      Land available for lease in Buckeye, Arizona.
      243 N Pima Rd, Buckeye, AZ 85326
      View Details
    • Contact for pricing

      Commercial Development Land Near I-10

      New commercial development land for lease near I-10 Freeway.
      1307 N 194Th Ave, Buckeye, AZ 85326
      View Details
    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.
    28105 Hazen Rd
    Buckeye, AZ 85326
    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

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.