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

    County 8Th St Wellton, AZ 85356

    • Land
    For Sale
    View listing
    $3,694,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 County 8Th St

    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 153.8-acre agricultural property in Wellton, Arizona, presents a unique investment opportunity. Located at 32 E & County 8th Street, Yuma County, this land boasts a current lease in place, ensuring immediate return on investment. The property is served by the Wellton Mohawk Irrigation District & Drainage, providing access to 153.8 acres of crucial water rights. This is a significant advantage for agricultural operations, ensuring consistent water supply for optimal crop yields. The asking price is $3,694,000, translating to $24,018 per acre. Annual property taxes are $3,014.72. The property's strategic location in Wellton, AZ, within Yuma County (zip code 85356), offers easy access to transportation routes and essential agricultural services. Given the current lease and the substantial water rights, this property represents a stable and potentially lucrative investment in Arizona's thriving agricultural sector. Detailed information regarding the current lease terms is available upon request. This is a rare opportunity to acquire a significant parcel of prime agricultural land with established infrastructure and a proven track record. Don't miss this chance to secure a piece of Arizona's fertile landscape.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wellton
    County
    Yuma
    State
    Arizona
    Longitude
    -114.022
    Latitude
    32.7087

    Comparable in this City

    • Value Estimation by Request

      0000 Ave 37 Ave

      Farms
      0000 Ave 37 Ave, Wellton, AZ 85356
      View Details
    • Value Estimation by Request
      17.37 Acres

      80 Old Hwy

      Land • 17.37 Acres
      80 Old Hwy, Wellton, AZ 85356
      View Details
    • Value Estimation by Request
      40.00 Acres

      Wellton Az Land

      Land • 40.00 Acres
      0 Wellton Az Land, Wellton, AZ 85356
      View Details
    • Value Estimation by Request
      40.00 Acres

      Wellton

      Land • 40.00 Acres
      0 Wellton, Wellton, AZ 85356
      View Details
    • Value Estimation by Request

      County 10 St

      Land
      0 County 10 St, Tacna, AZ 85356
      View Details
    • Value Estimation by Request
      4.20 Acres

      Avenue 36

      Land • 4.20 Acres
      0 Avenue 36, Wellton, AZ 85356
      View Details

    Similar Nearby for Sale

    • $3,694,000

      Prime Wellton Agricultural Land

      153.8 Acres, Irrigated, $3.69M
      0 County 8Th St, Wellton, AZ 85356
      View Details
    • $159,777

      Wellton, AZ Agricultural Land

      17.50 acre parcel with potential for various uses.
      00000 S 36E, Wellton, AZ 85356
      View Details
    • $600,000
      9.25 Acres

      9.25 Acres with Equipment Shade

      Ag-exempt land with modern infrastructure and freeway proximity in Wellton, AZ.
      11245 S 36E, Wellton, AZ 85356
      View Details
    • Contact for pricing

      Land for Mobile Home/RV

      Land suitable for investment, stick build, RV, or manufactured home.
      Emerald Dr, Wellton, AZ 85356
      View Details
    • Contact for pricing
      17.37 Acres

      Wellton Industrial Land - 17 Acres

      Prime Light Industrial Land in Arizona
      0 Old Hwy 80, Wellton, AZ 85356
      View Details
    • Contact for pricing

      Land for Mobile Home/RV

      Land suitable for investment, RV, or manufactured home.
      Emerald Dr, Wellton, AZ 85356
      View Details

    Similar Nearby for Lease

    • $9 SF/Yr
      3,772 SF

      Wellton Retail Center Opportunity

      Three suites available, 1,200-1,372 sq ft
      28841 Commerce Way, Wellton, AZ 85356
      View Details
    • Contact for pricing
      20,231 SF

      Wellton Retail Space For Lease

      Prime Wellton location, large retail space available.
      28865 Commerce Way, Wellton, AZ 85356
      View Details
    • $0.75 SF/Yr
      1,372 SF

      Wellton Retail Space For Rent

      Retail space available near Interstate 8 and golf course.
      28841-28873 Commerce Way, Wellton, AZ 85356
      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.
    County 8Th St
    Wellton, AZ 85356
    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.