860 W Road 1 South, Chino Valley, AZ 86323
New Listing
$6,995,000
Property Type:
Commercial/Indstrial
Square Footage:
36,210
Lot Size (sq. ft.):
209,959
Status:
Active
Current Price:
$6,995,000
List Date:
1/13/2026
Last Modified:
1/13/2026
Description
Whispering Winds is a multi-family mixed use property in the middle of town. It has excellent property management and is 100% occupied. The property consists of 2 commercial buildings w/ 3 office spaces each. Attached to the backside of the office spaces are 9 storage units with internal doors and also exterior rollup doors, and finished with sheetrock and lighting. Gated residential area has 6 duplexes w/ attached one car garages, back patios and fence yards; 3 triplexes, 1 br/1 bath, w/ storage rm, back patios and fenced yards. All built in 2004 w/ new roofs in 2018. There are also, 3 fourplexes, each built in 2018 w/ upgraded interiors. Lg common laundry rm for complex. Each unit is separately metered for water & gas. Property has its own private water company and is on town sewer. Actual cap rate of 5.98% can easily be increased to 6.34% by increasing below market rental leases expiring 2/28/26 to market rental rates. Seller Carryback possible with 50% down payment.
More Information MLS# 1078695
ContractAddressLegal
Original List Price: 6995000
Listing Date: 2026-01-12
Status: Active
Listing Price: 6995000
Street #: 860
Direction: W
Street Name: Road 1 South
City/Township: Chino Valley
State: AZ
Zip Code: 86323
Subdivision: None
County: Yavapai
Tax Parcel: 306-29-026x
General Property Description
Aprx Acres: 4.82
Buildings: 14
Total Liveable SqFt: 36210
Source of Measuremnt: County Assessor
Stories: 1
Parking Spaces: 83
Year Built: 2004
Management: Owner
Vac Rate %: 3
NOI $: 429132
Cap %: 6.13
Baths - Full: 48
Solar Y/N: No
CC & R: No
CC & R Fees: 36366
Tax Info
Taxes: 38484
Tax Year: 2025
Property Features
Bathrooms: Interior
Building Type: 5+ Units; Mini/Self Storage; Office - Building; Other - See Remarks
Business Location: Freestanding Bldg; Office/Professional; Other - See Remarks
Commercial Amenities: Roll-Up Door(s); Ceiling Ht. Under 12; Other - See Remarks
Construction: Frame - Wood; Stucco
Cooling: Ceiling Fan(s); Central Air; Gas Pack
External Amenities: Drip System; Fence; Landscaped; Paved Parking; Security Lights
Flooring: Carpet; Laminate; Tile; Vinyl
Heating: Natural Gas; Natural Gas
Internal Amenities: Bathroom; Ceiling Fan(s); Fire/Smoke Detector; Kitchen; Security/Alarm
Parking: On-Site; Storage; Other - See Remarks
Records Available: Site Plan; Survey
Road Responsibility: City Maintained Road; Paved; Private Maintained Road
Roof: Asphalt Shingle
Utilities Installed: 220; Electricity; Individual Meter; Natural Gas; Underground; Water - Private Well; Water Storage Tank; WWT - City Sewer
Listing Office: Realty ONE Group Mountain Desert
Last Updated: January - 13 - 2026
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