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Buildable Residential Lot
For Sale
$57,700
Pending

251 Madison Avenue, Prescott, AZ 86301

Land, Prescott, AZ

Property SizeContact for details
Lot Size0.12 Acres
Days on Market63

Property Features for 251 Madison Avenue

General Information

Property type Land
Property subtype Other
Zoning MF-H
Subdivision Bashford Tract
Directions From Grove Ave turn East on Lincoln Ave to right on Madison Ave.
Standard status Pending
APN 1-R
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MADISON PARK COTTAGES AMENDED PER MAP 2017-0052453, LOT 1-R
Tax Annual Amount 268
Legal Description MADISON PARK COTTAGES AMENDED PER MAP 2017-0052453, LOT 1-R
Listing Agency: MCG Realty
Listed By: Sharon K Dale
Added: Jul 2 Changed: Sep 2 Last Checked: Sep 2 at 1:06PM
MLS# 1083304

Copyright © 2026 Prescott Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

The property is a buildable residential lot offering a compact 0.12-acre site. Public remarks note beautiful boulder outcroppings that can serve as a focal point during development. Zoning is MF-H, and the lot is presented as Lot 301, with Lot 301 also available per the remarks. Buyer to verify availability of all utilities.

The site is located at 251 Madison Avenue in Prescott, AZ 86301, within Yavapai County. The listing emphasizes proximity to downtown Prescott, though specific distance or frontage details are not provided.

For buyers planning a residential build, this MF-H zoned lot provides a small-footprint option where the existing boulder features may influence site planning and landscaping. Because the listing directs the buyer to verify utility availability, due diligence on services should be completed prior to design, permitting, or construction planning.

Key Highlights

  • Buildable lot available as Lot 301
  • Boulder outcroppings are a focal point on the lot
  • Located close to downtown Prescott

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Locksmith Butcher (Bike/Boat/Book/etc) Store Clothing & Fashion Store Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,078
Businesses Nearby

Demographics for 86301, AZ

25,115
Population
13,863
Households
1.8
Avg Household Size
57
Median Age
37%
College-Educated
96%
High-School Grad
33.4 sq mi
ZIP Area
752
Density / Sq Mi
$71,962
Median Household Income
$33,989
Median Earnings
$1,580
Median Rent
$495,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Buildable 0.12-acre lot zoned MF-H, with boulder outcroppings, subject to buyer verification of utilities.
Where is this residential land & home lot located?
The property is located at 251 Madison Avenue Prescott, AZ.
What is the asking price?
The asking price for this property is $57,700.
What are key features of this property?
This property features: Buildable lot available as Lot 301; Boulder outcroppings are a focal point on the lot; Located close to downtown Prescott
More about this property
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