Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2 Cochise Az 85606 Cochise, AZ 85606

    Property Lookup

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

    2 Cochise Az 85606 Cochise, AZ 85606

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

    Current Use by Public Records

    • Land

    Property Details for 2 Cochise Az 85606

    Lot size
    1.17 lot acres
    Property type
    Land

    Description

    This exceptional 1.17-acre commercial lot in Cochise, Arizona (APN 118-03-229), is priced at $4,000, representing a value of $3,418.80 per acre. Located on Richey Rd 2, 85606, this property offers easy access off Willox Rd, north of Ironwood. The level lot boasts magnificent views of the Cochise Stronghold, a rugged wilderness area known for its canyons, rock formations, and rich history as a refuge for the Apache Chief Cochise. This is an ideal location for those seeking a building site in a beautiful, outdoor-enthusiast's paradise, perfect for hiking, camping, bird watching, and stargazing. The lot encompasses 50,965 square feet and is situated in a 0.2% flood zone (an area inundated by 500-year flooding

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cochise
    County
    Cochise
    State
    Arizona
    Longitude
    -109.907
    Latitude
    31.9706

    Comparable in this City

    • Value Estimation by Request
      40.00 Acres

      40 Ac Off Ironwood

      Farms • 40.00 Acres
      40 Ac Off Ironwood, Cochise, AZ 85606
      View Details
    • Value Estimation by Request
      10.02 Acres

      Cochise Slope Along Way

      Land • 10.02 Acres
      Cochise Slope Along Way, Cochise, AZ 85606
      View Details
    • Value Estimation by Request
      80.00 Acres

      40 Of Ironwood Rd

      Farms • 80.00 Acres
      40 Of Ironwood Rd, Cochise, AZ 85606
      View Details
    • Value Estimation by Request
      40.00 Acres

      Cochise, AZ 85606

      Land • 40.00 Acres
      Cochise, AZ 85606
      View Details
    • Value Estimation by Request
      10.00 Acres

      Quail St

      Farms • 10.00 Acres
      0 Quail St, Cochise, AZ 85606
      View Details
    • Value Estimation by Request
      160.00 Acres

      160 Ac - Ironwood And Stronghold

      Farms • 160.00 Acres
      160 Ac - Ironwood And Stronghold, Cochise, AZ 85606
      View Details

    Similar Nearby for Sale

    • $47,000
      653,000 SF

      Land Near Cochise Stronghold

      Over 15 acres of land near Highway 191.
      199 East Horse Country Rd, Cochise, AZ 85606
      View Details
    • Contact for pricing
      217,800 SF

      Land Near Cochise Stronghold

      Over 15 acres of land available near Highway 191.
      182 E Geronimo Way, Cochise, AZ 85606
      View Details
    • $85,000
      10.01 Acres

      Cochise Land with Mountain Views

      Undeveloped 10-acre land with well, mountain views, open spaces.
      10 W Bird Of Paradise Trl, Cochise, AZ 85606
      View Details
    • $75,000
      10.03 Acres

      Cochise Land with Mountain Views

      Ten acre lot with well share and mountain views.
      N Cutting Horse Ln, Cochise, AZ 85606
      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.
    2 Cochise Az 85606
    Cochise, AZ 85606
    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!