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    3111 Alsdorf Rd Eloy, AZ 85131
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    Property profile & analytics

    3111 Alsdorf Rd, Eloy, AZ 85131

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    • Commercial real estate
    • 2,358.00 lot acres
    Off-Market
    Property ID
    US07-1536746
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 3111 Alsdorf Rd

    Lot size
    2,358.00 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 2,358-acre property presents a unique investment opportunity in rapidly developing Pinal County, Arizona. Located in Eloy, this land boasts a strategic position off Interstate 10, with convenient access via Highway 87 and frontage on the Union Pacific Railroad Phoenix Spur Line. The property's zoning (R1-43) allows for residential, commercial, and mixed-use development, aligning perfectly with Eloy's General Plan. Currently utilized for row crop farming with existing cash rent tenants, this versatile land offers immediate income potential. Its proximity to the proposed North-South Freeway corridor further enhances its long-term value appreciation. The location is highly advantageous, situated near major industrial players including the Nikola Corporation electric vehicle manufacturing facility and the future Procter & Gamble manufacturing plant. The asking price is $58,950,000, translating to $25,000 per acre. This represents a significant land investment with substantial upside potential given the area's projected growth and the property's diverse development possibilities. The address is 3111 E Alsdorf Rd, Eloy, AZ 85131.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Eloy
    County
    Pinal
    State
    Arizona
    Longitude
    -111.513382
    Latitude
    32.776173

    Comparable in this City

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    Similar Nearby for Sale

    • New
      $389,000
      20.00 Acres

      Agricultural Land with Horse Facilities

      20-acre agricultural parcel with a hay barn, horse pen, and established off-grid utilities for rural use in Eloy, AZ.
      21503 S Toltec Rd, Eloy, AZ 85131
      View Details
    • $2,500,000
      27,529,920 SF

      Arizona Ranch Land For Sale

      632.34 acres of hunting and cattle grazing land for sale.
      20142 West Angel Dr, Eloy, AZ 85131
      View Details
    • $7,241,600
      226.30 Acres

      Eloy, AZ Industrial Land

      ±226 Acres Light Industrial Land
      0 ±226.30 Ac Sec Of Battaglia & Curry Rd, Eloy, AZ 85131
      View Details
    • $995,000

      Eloy Multifamily Investment Opportunity

      Residential income property with diverse unit mix in growing Eloy.
      4220 N Granada Dr, Eloy, AZ 85131
      View Details
    • Contact for pricing
      6,864 SF

      4220 N Granada Dr, Eloy, AZ 85131

      Apartment buildings
      4220 N Granada Dr, Eloy, AZ 85131
      View Details
    • New
      Contact for pricing
      71,361 SF

      Manufacturing Facility with 34-Foot Clearance

      Overhead-crane-ready industrial facility with column-free production space and dedicated office for manufacturing or logistics conversion.
      924 N Tweedy Rd, Eloy, AZ 85131
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      409-413 N Main St, Eloy, AZ 85131

      Mixed-use properties
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    • $1.35 SF/Yr

      Industrial Building Suites For Lease

      Industrial suites for lease in under-construction building.
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    • $1.35 SF/Yr

      Industrial Building Under Construction

      Industrial suites for lease at E Alsdorf & S Sunshine.
      201 E Alsdorf Rd, Eloy, AZ 85131
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      Retail Building on 1.48 Acres

      Retail building with owner-user potential, adjacent to Circle K.
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      Industrial Building with Land Available

      Industrial building for lease in Eloy, Arizona with land.
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      Retail/Office Space in Eloy, AZ

      High-visibility retail/office space at Robson Ranch entrance in Eloy.
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    Eloy, AZ 85131
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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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