Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    31201 Turney Ave Buckeye, AZ 85396
    Back to Search
    Property profile & analytics

    31201 Turney Ave, Buckeye, AZ 85396

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

    Current Use by Public Records

    • Land

    Property Details for 31201 Turney Ave

    Lot size
    1.79 lot acres
    Property type
    Land

    Description

    This exceptional 1.79-acre residential lot is located in Buckeye, Arizona, at 31201 W TURNEY AVE, 85396. Zoned R-43, this property presents a unique opportunity for building a custom home. Conveniently located near power lines, this lot offers the advantage of no floodplain and no HOA fees. The seller is open to financing options, providing flexibility for potential buyers. This lot is situated just outside the Tartesso master-planned community, offering proximity to parks, schools, and services. Future shopping developments are planned along Sun Valley Parkway. An adjoining lot is available, creating the potential for over 3 acres, ideal for subdivision or investment. The property's corners are clearly marked for easy identification. This property is in high demand, so act quickly.

    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
    -112.723
    Latitude
    33.4986

    Comparable in this City

    • Value Estimation by Request
      36.78 Acres

      Sun Vly Pkwy

      Land
      0 Sun Vly Pkwy, Buckeye, AZ 85396
      View Details
    • Value Estimation by Request
      159.00 Acres

      31805 Yuma Rd

      Farms
      31805 Yuma Rd, Buckeye, AZ 85396
      View Details
    • Value Estimation by Request
      2.00 Acres

      315XX Clarendon Ave

      Land
      315XX Clarendon Ave, Buckeye, AZ 85396
      View Details
    • Value Estimation by Request
      1.79 Acres

      31202 Glenrosa Ave

      Land
      31202 Glenrosa Ave, Buckeye, AZ 85396
      View Details
    • Value Estimation by Request

      215th Ave And Mcdowell Rd

      Land
      215th Ave And Mcdowell Rd, Buckeye, AZ 85396
      View Details
    • Value Estimation by Request
      9.64 Acres

      Swc Johnson Rd & I-10

      Land
      0 Swc Johnson Rd & I-10, Buckeye, AZ 85396
      View Details

    Similar Nearby for Sale

    • $60,000
      72,976 SF

      Buckeye Land Parcel For Sale

      1.68 acre lot in growing Buckeye area.
      4113 North 312Th Ave, Buckeye, AZ 85396
      View Details
    • $349,000
      1.03 Acres

      Land For Sale, Buckeye, AZ

      Land available for purchase in Buckeye, Arizona.
      197XXX W Edgemont Ave, Buckeye, AZ 85396
      View Details
    • Contact for pricing

      Buckeye Land with Unlimited Potential

      10 acres of land in growing Buckeye, Arizona.
      268XX W Campbell Ave, Buckeye, AZ 85396
      View Details
    • Contact for pricing

      Mesa Land with Paved Access

      Land in Mesa with paved access and no floodplain.
      Miller Rd East Side, Mesa, AZ 85396
      View Details
    • $120,000
      10.00 Acres

      10 Acres of R-190 Land

      10 acres in Buckeye, AZ bordering BLM land.
      S 170Th Ave, Buckeye, AZ 85396
      View Details
    • $2,800,000

      Land For Sale Buckeye, AZ

      Land available in Buckeye, Arizona.
      29215 W Van Buren St, Buckeye, AZ 85396
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Land in Growing Community

      Land in mixed-use center near Verrado High School.
      19591 W Indian School Rd, Buckeye, AZ 85396
      View Details
    • Contact for pricing
      8,650 SF

      Medical Building For Lease

      Multi-tenant medical building suitable for a surgery center.
      Nwc Thomas Rd & Verrado Way, Buckeye, AZ 85396
      View Details
    • Contact for pricing
      527,155 SF

      Buckeye Warehouse Space Available

      527,155 sqft warehouse space in Buckeye, Arizona.
      18815 West Mcdowell Rd, Buckeye, AZ 85396
      View Details
    • Contact for pricing

      Upscale Office Space in Verrado

      Office space in a vibrant mixed-use commercial district.
      4236 N Verrado Way, Buckeye, AZ 85396
      View Details
    • Contact for pricing

      Verrado Marketplace Retail Space

      500,000 SF commercial space for rent in Buckeye, Arizona.
      I-10 & Verrado Way, Buckeye, AZ 85396
      View Details
    • Contact for pricing
      1,225 SF

      Retail Space in Verrado

      New retail development in vibrant Verrado, expected late 2020.
      Vlg St & Sunrise Ln, Buckeye, AZ 85396
      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.
    31201 Turney Ave
    Buckeye, AZ 85396
    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
    31201 Turney Ave, Buckeye, AZ, 85396
    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!