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    Property profile & analytics

    16802 395Th Ave Tonopah, AZ 85354

    • Commercial real estate
    • 120.00 lot acres
    For Sale
    View listing
    $1,250,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US07-2132122
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Old Arizona Territory Preservation Society / History Museum

    Property Details for 16802 395Th Ave

    Lot size
    120.00 lot acres
    Property type
    Commercial real estate
    APN
    401-46-023-C, 401-46-023-J, 401-46-023-D

    Description

    This exceptional 120-acre property in Tonopah, Arizona, presents a unique investment opportunity. Zoned R-190, this expansive land parcel is comprised of three contiguous parcels (APN: 401-46-023-C, 401-46-023-J, 401-46-023-D) totaling 120 acres. Conveniently located near the intersection of Old Highway 80 and Agua Caliente Road, the property boasts easy access via S 395th Ave. Directions are as follows: From Old Hwy 80 and Agua Caliente Rd, turn right onto W Agua Caliente Rd, proceed for 6.9 miles, then turn right onto S 395th Ave and travel 1.3 miles to the property. A significant advantage is the presence of a functioning well (Reg # 55-559905), providing a valuable resource. Surrounded by State Trust and BLM land, this location offers ample space for recreational activities. The southern boundary aligns with a section line. The property's location near the W Southern Pacific Trail adds to its appeal. Taxes shown reflect the combined assessment for all three parcels. This is a rare opportunity to acquire a substantial residential land holding in a desirable Arizona location. Priced at $1,250,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tonopah
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.90429
    Latitude
    33.294806

    Comparable in this City

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      80.00 Acres

      80 Acres Arizona Land Investment

      Prime Arizona land, buildable, near future smart city.
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    • $240,000

      20-Acre Tonopah Residential Land

      Arizona land, stunning mountain views, great investment.
      538XX Elliot Rd, Tonopah, AZ 85354
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      1.00 Acre

      Tonopah Land: Build Your Dream Home

      One-acre lot, stunning mountain views, R-43 zoning.
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      1.16 Acres

      Tonopah Land: 1+ Acre Parcel

      Arizona Residential Lot - $18,200
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    • $35,000

      Tonopah Land: 2 Acres, No HOA

      Arizona horse property, 78k sq ft lot.
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    • $99,000
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      Arizona Mountain View Land

      4.43 Acres, Private, $99,000
      470XX 475 Ave, Tonopah, AZ 85354
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    Similar Nearby for Sale

    • $1,200,000
      80.00 Acres

      80 Acres Arizona Land Investment

      Prime Arizona land, buildable, near future smart city.
      0 County Is, Tonopah, AZ 85354
      View Details
    • $240,000

      20-Acre Tonopah Residential Land

      Arizona land, stunning mountain views, great investment.
      538XX Elliot Rd, Tonopah, AZ 85354
      View Details
    • Contact for pricing
      1.00 Acre

      Tonopah Land: Build Your Dream Home

      One-acre lot, stunning mountain views, R-43 zoning.
      89XX 539Th Ave, Tonopah, AZ 85354
      View Details
    • Contact for pricing
      1.16 Acres

      Tonopah Land: 1+ Acre Parcel

      Arizona Residential Lot - $18,200
      88XX 544 Ave, Phoenix, AZ 85354
      View Details
    • $35,000

      Tonopah Land: 2 Acres, No HOA

      Arizona horse property, 78k sq ft lot.
      52000 Buckeye Rd, Tonopah, AZ 85354
      View Details
    • $99,000
      4.43 Acres

      Arizona Mountain View Land

      4.43 Acres, Private, $99,000
      470XX 475 Ave, Tonopah, AZ 85354
      View Details
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    Tonopah, AZ 85354
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    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
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