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    43513 N 261St Ave Morristown, AZ 85342

    New
    For Sale
    $850,000

    LAND - Morristown, AZ

    Lot size:
    13.03 Acres
    Days on Market:
    7
    Last Refresh:
    Dec 10 at 11:06 am

    Property Features for 43513 N 261St Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    r-43
    APN
    503-22-027-F
    Lot size
    13.03 Acres

    RE/MAX Desert Showcase (623) 979-8888 [email protected]

    Listing agent Eric J Swiatek (602) 979-8888

    Listing date Dec 4, 2025

    MLS# 6843933 Listing URL

    Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Morristown Land Opportunity

    This property features over 13 acres of land, encompassing APN: 503-22-027F & 503-22-027G. The location offers access to Wickenburg's roping arenas, recreational activities at Lake Pleasant, and the growing job market around the new TSMC semiconductor plant. Situated in an area anticipated for future development, including the planned Burlington Northern Santa Fe Rail Hub in Wittmann, this land presents an opportunity for winter visitors, investors, or full-time residents. The property is located near the intersection of HWY 74 and HWY 60. APS electricity is available at adjacent lots. Zoned R43, the owner has surveyed the land into 4 lots, each exceeding 3 acres. The seller is open to selling individual parcels; inquire for pricing and details. The deed restricts the land to a minimum lot size of 3 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Hair Salon Nail Salon HVAC Service Computer & Electronic Repair Pawn Shop Veterinary Clinic Tech Support Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.628052
    Latitude
    33.86738

    FAQs

    What type of property is this?
    Land - 13+ acres near future growth areas in Morristown, Arizona.
    Where is this land located?
    The property is located at 43513 N 261St Ave Morristown, AZ.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - 13+ acres of land in a rapidly growing area of Arizona.; - Zoned R43, surveyed into 4 lots (each over 3 acres).; - Close proximity to Wickenburg's roping arenas and Lake Pleasant.
    (602) 979-8888
    Request Owner's contact information
    43513 N 261St Ave Morristown, AZ 85342
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    Morristown, AZ 85342
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    Realmo Value Estimation

    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.

    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.

    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
    43513 N 261St Ave Morristown, AZ 85342
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