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    64904 Hwy 60 -- Salome, AZ 85348

    For Sale
    $250,000

    Prime 2-acre commercial/residential lot.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional property in Salome, Arizona, presents a unique investment opportunity encompassing approximately two acres zoned for both commercial and residential use. The land offers significant potential for a variety of ventures, given its flexible zoning. The property includes a pre-existing structure: a mobile home measuring over 1200 square feet, complete with a spacious carport. This existing structure could serve as immediate income-generating space, a temporary office, or living quarters while developing the land further. The substantial lot size allows for ample expansion or the addition of new buildings, catering to a wide range of business or residential needs. The location at 64904 Highway 60, Salome, AZ, provides excellent visibility and accessibility. This versatile property is ideal for entrepreneurs seeking a blend of immediate use and long-term development potential. The combination of existing improvements and expansive land makes this a rare find in the Salome market. Serious inquiries are encouraged to explore the possibilities this property offers. The asking price is $250,000. Don't miss this chance to acquire a valuable piece of Arizona real estate with significant upside.

    Property Features for 64904 Hwy 60 --

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF

    Building Details

    Year Built
    2010
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Salome
    County
    La Paz
    State
    Arizona
    Longitude
    -113.6465
    Latitude
    33.76342

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    FAQs

    What type of property is this?
    Commercial real estate - Prime 2-acre commercial/residential lot.
    Where is this commercial real estate located?
    The property is located at 64904 Hwy 60 -- Salome, AZ.
    What is the asking price?
    The asking price for this property is $250,000.
    (480) 788-1558
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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
    64904 Hwy 60 -- Salome, AZ 85348
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