Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    110 Spencer Dr Meadview, AZ 86444

    Property Lookup

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

    110 Spencer Dr Meadview, AZ 86444

    View on Map
    • Land
    • 0.15 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 110 Spencer Dr

    Lot size
    0.15 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This 0.15-acre agricultural land parcel presents a unique opportunity in Meadview, Arizona. Located at 110 E Spencer Drive, this property is zoned R1 Single-Family Residential, offering versatility for future development. The lot boasts a desirable level topography, making it ideal for building. Conveniently situated near paved roads, access to utilities is readily available; however, potential buyers are advised to independently verify the availability and connection of water and electricity. This property is part of the Meadview Civic Association, providing access to community amenities including a swimming pool, tennis courts, and a playground. Outdoor enthusiasts will appreciate the proximity to Lake Mead's south cove entrance, approximately 20 miles away, offering excellent opportunities for fishing, boating, and other water activities. The property's APN is 343-20-116. This is an exceptional opportunity to acquire land in a desirable location with convenient access to amenities and recreational pursuits. The asking price for this attractive parcel is $6,500.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Meadview
    County
    Mohave
    State
    Arizona
    Longitude
    -114.067
    Latitude
    36.0121

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      1155 Haystack Dr

      Farms • 1.00 Acre
      1155 Haystack Dr, Meadview, AZ 86444
      View Details
    • Value Estimation by Request
      0.15 Acres

      70 Spencer Dr

      Farms • 0.15 Acres
      70 Spencer Dr, Meadview, AZ 86444
      View Details
    • Value Estimation by Request
      1.25 Acres

      Bighorn Dr

      Farms • 1.25 Acres
      0 Bighorn Dr, Meadview, AZ 86444
      View Details
    • Value Estimation by Request
      2.10 Acres

      Vision Dr

      Farms • 2.10 Acres
      0 Vision Dr, Meadview, AZ 86444
      View Details
    • Value Estimation by Request
      2.31 Acres

      Van St

      Farms • 2.31 Acres
      0 Van St, Meadview, AZ 86444
      View Details
    • Value Estimation by Request
      0.48 Acres

      1765 Hoover Dr

      Farms • 0.48 Acres
      1765 Hoover Dr, Meadview, AZ 86444
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.25 Acres

      Meadview, AZ Horse Property Land

      1.25 acre horse property near Grand Canyon and Lake Mead.
      26336 N Pear Ave, Meadview, AZ 86444
      View Details
    • $265,000
      240.00 Acres

      Expansive Meadview Land Opportunity

      240-acre property with agricultural zoning and desert views.
      336-05-033 240 Acres, Meadview, AZ 86444
      View Details
    • $35,500
      8.21 Acres

      Land in Greggs Hideout Area

      8.2 Acres in Meadview, Arizona for ATV, Mining, Exploring
      Meadview, AZ 86444
      View Details
    • Contact for pricing
      1.00 Acre

      Meadview Land Near Lake Mead

      One-acre vacant lot near Lake Mead and Grand Canyon West.
      549 W Echo Dr, Meadview, AZ 86444
      View Details
    • Contact for pricing
      1.25 Acres

      Meadview, AZ Land Parcel

      1.25-acre parcel near Lake Mead and Grand Canyon.
      258 Mohave Ln, Meadview, AZ 86444
      View Details
    • $55,000
      Pending

      Meadview, AZ Land For Sale

      4+ acre adventure basecamp with utilities ready.
      2800 W Cherry St, Meadview, AZ 86444
      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.
    110 Spencer Dr
    Meadview, AZ 86444
    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!