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    N Japanese Gdn Ct, Unit K Morristown, AZ 85342

    Under Contract
    For Sale
    $75,000

    LAND - Morristown, AZ

    Lot size:
    1.00 Acre
    Days on Market:
    17
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for N Japanese Gdn Ct

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Zoning
    R-43
    APN
    503-23-003-K
    Lot size
    1.00 Acre

    MartinezRusso, LLC (623) 643-1031 [email protected]

    Listing agent Mary E Gomez (602) 295-7444

    Listing date Nov 28, 2025

    MLS# 6801395 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 Near Future Highway

    This land is located in the Wickenburg and Lake Pleasant area, minutes from the TSMC Taiwan Semi-Conductor Manufacturing Corporation and technology corridor on Loop 303 in north Phoenix. The property consists of 4 cul-de-sac lots, totaling approximately 5 acres. It is situated very close to the future Interstate 11 planned superhighway to Las Vegas, near US 60. The location offers a private setting in a hidden cove with rolling hills and high desert vegetation, suitable for privacy, vineyard farming, or tiered gardening. The land is also suitable for horseback riding or dirt biking. It is designated as horse property. Electric power is available to the entry. Survey, grading, and drainage culverts are completed. The seller has engineering plans. The property is minutes from Wickenburg, Lake Pleasant, Peoria, Phoenix, and Surprise amenities. The zoning is R-43.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land

    Map

    City
    Morristown
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.64345
    Latitude
    33.874021

    FAQs

    What type of property is this?
    Land - Land near Wickenburg and Lake Pleasant, close to future I-11.
    Where is this land located?
    The property is located at N Japanese Gdn Ct, Unit K Morristown, AZ.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Prime location near TSMC and the technology corridor on Loop 303.; - Close proximity to the future Interstate 11 superhighway to Las Vegas.; - Total of 5 acres of horse property across 4 cul-de-sac lots.
    (602) 295-7444
    Request Owner's contact information
    N Japanese Gdn Ct, Unit K 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.

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    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
    N Japanese Gdn Ct, Unit K Morristown, AZ 85342
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