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Property 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.
Full Property Details
Full Property Details for 860 W Rd 1 S
General
- Price: $6,995,000
- Taxes: $38,484 (2025)
- Status: Active
- Type: Commercial
- Source: PAAR_Prescott_MLS
- MLS ID: 1078695
- Updated: 1/12/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), Fire/Smoke Detector, Security/Alarm
- Flooring: Carpet, Laminate, Tile, Vinyl
Additional Information
- Security/Safety: Security Lights
Exterior
- Exterior Features: Drip System, Fence
Parking
- Parking Features: Paved, On Site, Other, Storage
Location
- County: Yavapai
- Subdivision: None
- Driving Directions: State Route 89 heading N, turn west (L) at Road 1 South. Approx 0.5 mile, property is on the right. Name of complex is Whispering Winds.
Community
- Pet Restrictions: Domestic
- Management Type: Owner
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air Conditioning, Gas
- Heating Type: Natural Gas
Utilities
- Water: Private, Cistern
- Onsite: Electricity Available, Individual Meter, Natural Gas Available, Underground Utilities, WWT - City Sewer
Structural Information
- # Buildings: 14
- Construction: Frame, Stucco
- Roof: Asphalt
- Stories/Levels: 1
- Building Size: 36210
- Square Feet: 36,210
- Year Built: 2004
Lot Features
- Lot Size (Acres): 4.82
- Lot Size Source: County Records
- Access Info: City Maintained Road, Paved, Private Maintained Road
- Lot Features: Landscaped
- Zoning: CL
Financial Considerations
- Tax Amount: $38,484
- Tax Year: 2025
- Terms: 1031 Exchange, Cash, Conventional, Other - See Remarks, Submit
Disclosures and Reports
- Legal Description: A RECT PCL LYNG IN THE SW4NW4 SEC 27 WITH THE SW COR LYNG APPROX 340' E & 25' N OF THE W4 COR SEC 27-16-2W CONT 4.82AC 3042/465
- APN: 306-29-026x
Listed by Realty ONE Group Mountain Desert
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Schools
Schools serving 860 W Rd 1 S
School District:Chino Valley Unified District
| Name | Grades | Distance |
|---|---|---|
Chino Valley High School 760 East Center Street, Chino Valley, AZ 86323 | 9-12 | 0.8 mi |
Del Rio Elementary School 1036 North Road 1 West, Chino Valley, AZ 86323 | 3-5 | 1.5 mi |
Territorial Elementary School 1088 East Mahan Lane, Chino Valley, AZ 86323 | PK-2 | 2.1 mi |
Heritage Middle School 1076 North Road 1 West, Chino Valley, AZ 86323 | 6-8 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 860 W Rd 1 S
Date
Details
Price
Change
Source
1/12/2026
Listed
$6,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 860 W Rd 1 S
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,476
—
$54,032
-2%
2024
$2,476
6%
$55,407
-3%
2022
$2,326
—
$56,840
16%
2022
$2,326
-3%
$49,170
21%
2021
$2,406
3%
$40,616
7%
2020
$2,334
1%
$38,071
100%
2019
$2,305
5%
-100%
2018
$2,204
3%
$32,951
19%
2017
$2,142
2%
$27,660
4%
2016
$2,093
5%
$26,480
11%
2015
$1,989
-7%
$23,861
8%
2013
$2,143
—
$22,075
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 860 W Rd 1 S
860 W Road 1 South, Chino Valley, AZ 86323 (MLS# 1078695) is a Commercial property. 860 W Road 1 South is currently listed for $6,995,000 and was received on January 12, 2026. Want to learn more about 860 W Road 1 South? Do you have questions about finding other Commercial real estate for sale in Chino Valley? You can browse all Chino Valley real estate or contact a Coldwell Banker agent to request more information.

