Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    427th Ave And Indian School Rd Tonopah, AZ 85354

    Property Lookup

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

    427th Ave And Indian School Rd Tonopah, AZ 85354

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

    Current Use by Public Records

    • Land

    Property Details for 427th Ave And Indian School Rd

    Lot size
    119.17 lot acres
    Property type
    Land

    Description

    This exceptional 119.17-acre commercial land parcel in Tonopah, Arizona, presents a significant investment opportunity. Located at the intersection of 427th Avenue and Indian School Road, the property boasts approximately 11,980 feet of paved frontage along Indian School Road, offering excellent visibility and accessibility. Zoned RU-43 (Maricopa County), this expansive tract is strategically positioned approximately 1.75 miles southwest of the full diamond interchange at 411th Avenue and Interstate 10, providing convenient access to major transportation routes. A pilot truck stop is situated at the southwest corner of 411th Avenue and Interstate 10, further enhancing the property's commercial viability. The land's location is also noteworthy due to its proximity—approximately 7.5 miles east—to the proposed Interstate 11, a planned intermountain west corridor connecting Arizona and Nevada, with a longer-term vision of extending to Canada and Mexico. The I-11 record of decision and final preliminary section were published in November 2021. This property is ideally situated west of numerous large master-planned communities, including Douglas Ranch (recently acquired by Howard Hughes Corporation), Belmont, and Tartesso, indicating strong potential for future growth and development. The asking price is $2,979,250, translating to $25,000 per acre. The property's APN is 506-33-034B, 506-33-034C, and 506-33-034D. This is a rare opportunity to acquire a substantial land holding in a rapidly developing area with excellent infrastructure and future growth potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Tonopah
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.972
    Latitude
    33.4937

    Comparable in this City

    • Value Estimation by Request
      121.00 Acres

      Indian School Rd

      Land • 121.00 Acres
      0 Indian School Rd, Tonopah, AZ 85354
      View Details
    • Value Estimation by Request
      320.00 Acres

      379th Ave & Glendale Ave

      Land • 320.00 Acres
      379th Ave & Glendale Ave, Tonopah, AZ 85354
      View Details
    • Value Estimation by Request
      127.80 Acres

      5901 515Th Ave

      Land • 127.80 Acres
      5901 515Th Ave, Tonopah, AZ 85354
      View Details
    • Value Estimation by Request
      68.88 Acres

      Van Buren St

      Land • 68.88 Acres
      0 Van Buren St, Tonopah, AZ 85354
      View Details
    • Value Estimation by Request
      309.85 Acres

      411th Ave And Camelback Rd

      Land • 309.85 Acres
      411th Ave And Camelback Rd, Tonopah, AZ 85354
      View Details
    • Value Estimation by Request
      152.66 Acres

      411th Ave & Camelback Rd

      Land • 152.66 Acres
      411th Ave & Camelback Rd, Tonopah, AZ 85354
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Vacant Land with Mountain Views

      Three-acre vacant land parcel with mountain views, seller financing.
      557 S 359Th Ave, Tonopah, AZ 85354
      View Details
    • Contact for pricing

      20 Acres of Land

      20 acres of land with mountain views for sale.
      2501 N 567 Ave, Tonopah, AZ 85354
      View Details
    • $200,000

      Pristine Desert Land with Views

      40 acres with mineral rights, panoramic views, and utilities.
      46626 W Salome Hwy, Tonopah, AZ 85354
      View Details
    • $55,900
      1.00 Acre

      Tonopah Land with Shared Well

      One-acre parcel in growing Tonopah area with shared well.
      332XX W Indian School Rd, Tonopah, AZ 85354
      View Details
    • $34,900
      0.99 Acres

      Land Parcel in Tonopah, AZ

      Inexpensive land investment opportunity in west Tonopah/Harquahala Valley.
      482nd S Of Mckinley St, Tonopah, AZ 85354
      View Details
    • $40,000
      5.00 Acres

      5 Acres in Tonopah, AZ

      Five acre parcel in the expanding Tonopah area.
      409XX W Northern Ave, Tonopah, AZ 85354
      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.
    427th Ave And Indian School Rd
    Tonopah, AZ 85354
    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

    427th Ave And Indian School Rd, Tonopah, AZ, 85354

    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!