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

    11581 Us-191 Elfrida Az Usa Elfrida, AZ 85610

    • Land
    • 1,120.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 11581 Us-191 Elfrida Az Usa

    Lot size
    1,120.00 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This expansive 1,120-acre farm, located at the southeast corner of US Highway 191 and Rucker Canyon Road, approximately 35 miles south of Willcox, Arizona, presents a unique investment opportunity. Situated in Cochise County, this property boasts grandfathered water rights within the Douglas Active Management Area. The land is improved with eight active irrigation wells, efficiently supplying water to 840 acres via seven full-circle Zimmatic pivot sprinklers. The property is zoned RU-4. The asking price is $6,720,000, translating to $6,000 per acre. The excellent air drainage makes this location ideal for various agricultural uses, including the potential for permanent plantings. Cash rent tenants are available. This property offers a compelling combination of scale, infrastructure, and water security, making it an attractive proposition for discerning agricultural investors. The property's address is 11581 US-191, Elfrida, AZ 85610.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Elfrida
    County
    Cochise
    State
    Arizona
    Longitude
    -109.688
    Latitude
    31.7861

    Comparable in this City

    • Value Estimation by Request
      846.00 Acres

      Hohokam Farm Way

      Farms • 846.00 Acres
      0 Hohokam Farm Way, Elfrida, AZ 85610
      View Details
    • Value Estimation by Request
      79.37 Acres

      10187 Mormon Rd

      Farms • 1,500 SF
      10187 Mormon Rd, Elfrida, AZ 85610
      View Details
    • Value Estimation by Request
      39.51 Acres

      40 Martineau Rd

      Land • 39.51 Acres
      40 Martineau Rd, Elfrida, AZ 85610
      View Details
    • Value Estimation by Request
      77.02 Acres

      Rambling Rd

      Land • 77.02 Acres
      0 Rambling Rd, Elfrida, AZ 85610
      View Details
    • Value Estimation by Request
      38.60 Acres

      38 +/- Acre On Rambling Rd

      Land • 38.60 Acres
      38 +/- Acre On Rambling Rd, Elfrida, AZ 85610
      View Details
    • Value Estimation by Request
      36.90 Acres

      181 Lot 3 Hwy

      Land • 36.90 Acres
      181 Lot 3 Hwy, Gleeson, AZ 85610
      View Details

    Similar Nearby for Sale

    • $18,000,000
      846.00 Acres

      Basila Pecan Farm: Prime AZ Land

      846 Acres, Irrigated Pecan Farm, Arizona
      0 Hohokam Farm Way, Elfrida, AZ 85610
      View Details
    • $335,000
      77.00 Acres

      Agricultural Land with Water Rights

      77-acre agricultural property with water rights in Douglas AMA.
      N Mormon Rd, Elfrida, AZ 85610
      View Details
    • $335,000
      77.00 Acres

      Agricultural Land with Water Rights

      77-acre agricultural property with water rights in Elfrida, Arizona.
      N Mormon Rd, Elfrida, AZ 85610
      View Details
    • $36,000
      38.60 Acres

      38.6 Acres in Elfrida, AZ

      38.6 acre parcel with rolling hills and scenic views.
      38 +/- Acre On Rambling Rd, Elfrida, AZ 85610
      View Details
    • $52,900
      36.16 Acres

      Land in Elfrida, Arizona

      36.16 acres of land with mountain views near Tombstone.
      W Stetson Dr, Elfrida, AZ 85610
      View Details
    • $40,000
      20.30 Acres

      20 Acres in Elfrida, Arizona

      20 acre land parcel in Elfrida, Arizona.
      Gleeson Rd, Elfrida, AZ 85610
      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.
    11581 Us-191 Elfrida Az Usa
    Elfrida, AZ 85610
    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.