Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    41633 Hwy Nutrioso, AZ 85932

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    41633 Hwy Nutrioso, AZ 85932

    View on Map
    • Commercial real estate
    • 1,730 SF
    • 11.58 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 41633 Hwy

    Year built
    1983
    Lot size
    11.58 lot acres
    Property size
    1,730 SF
    Property type
    Commercial real estate

    Description

    This exceptional commercial property in Nutrioso, Arizona, presents a unique investment opportunity. Situated on 11.58 acres, this property boasts a substantial 1,730 square foot main building, completely remodeled between 2016 and 2023. The building previously operated as an Irish pub and currently features a restaurant, bar, full kitchen, retail space, office, garage, and three separate apartment rentals, providing diverse income streams. The expansive acreage offers significant potential for expansion, particularly for outdoor events. Existing infrastructure includes foundations for a stage and rustic bar, ideal for festivals and concerts. The property's remote location, backing up to the US Forest Service land, provides a tranquil setting and unique appeal. Three separate parcels comprise the total acreage. A Class 6 liquor license is available for transfer via a separate agreement. The property is partially fenced. Cash purchase of the building allows for Owner-financed options on the land. This is a rare chance to acquire a versatile commercial property with significant upside in a stunning natural setting.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nutrioso
    County
    Apache
    State
    Arizona
    Longitude
    -109.206
    Latitude
    33.9608

    Comparable in this City

    • Value Estimation by Request
      11.58 Acres

      41633 Hwy 180 --

      Commercial real estate • 11.58 Acres
      41633 Hwy 180 --, Nutrioso, AZ 85932
      View Details
    • Value Estimation by Request
      5.00 Acres

      17 County Rd 2112

      COMMERCIAL (GENERAL) • 5.00 Acres
      17 County Rd 2112, Nutrioso, AZ 85932
      View Details
    • Value Estimation by Request
      104.61 Acres

      2 County Rd

      Land • 104.61 Acres
      2 County Rd, Nutrioso, AZ 85932
      View Details
    • Value Estimation by Request
      1,960 SF

      9 County Rd 2027

      COMMERCIAL (GENERAL) • 1,960 SF
      9 County Rd 2027, Nutrioso, AZ 85932
      View Details
    • Value Estimation by Request
      13,800 SF

      11 County Rd 2012

      AUTO REPAIR, GARAGE • 13,800 SF
      11 County Rd 2012, Nutrioso, AZ 85932
      View Details
    • Value Estimation by Request
      2,400 SF

      6 County Rd 2012

      MINI-WAREHOUSE, STORAGE • 2,400 SF
      6 County Rd 2012, Nutrioso, AZ 85932
      View Details

    Similar Nearby for Sale

    • $75,000
      4.70 Acres

      Nutrioso Land with Forest Access

      4.70-acre pasture with mountain views and National Forest access.
      Tract C Tbd, Nutrioso, AZ 85932
      View Details
    • $55,000
      1.22 Acres

      Nutrioso Land with Mountain Views

      1.22 acre lot ready for building with power access.
      2275 1.22 Acre, Nutrioso, AZ 85932
      View Details
    • $135,000
      7.99 Acres

      7.99 Acres of Pastureland in Nutrioso

      Flat 7.99-acre pasture with mountain views and recreation opportunities.
      E Tbd, Nutrioso, AZ 85932
      View Details
    • $275,000
      3.22 Acres

      Land with Utilities in Nutrioso

      Vacant land with well and electric in a forested setting.
      N2276 County Rd, Nutrioso, AZ 85932
      View Details
    • $62,000
      1.00 Acre

      Nutrioso Acre Lot For Sale

      One acre lot in Nutrioso Valley, suitable for building.
      75 County Rd 2108, Nutrioso, AZ 85932
      View Details
    • New
      $45,000
      1.22 Acres

      Land with Mountain Views

      Land parcel with mountain views and new septic system.
      28 N2003, Nutrioso, AZ 85932
      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.
    41633 Hwy
    Nutrioso, AZ 85932
    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.
    Sign Up Successful!
    You now have access to more from Realmo!