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Paved Development Parking Lot
For Sale
$370,000

205 N Madison Ave, Yuma, AZ 85364

Fully paved lot in Old Town zoning, currently operating as a parking area with existing Tesla charging equipment.

Lot Size0.60 Acres
Days on Market60

Property Features for 205 N Madison Ave

General Information

Standard status Active
Lot size 0.60 Acres
Property subtype Land
Listing Agency: Realty Executives Arizona Territory
Listed By: Carolyn McKelvey-Malouff · License #BR023699000
Source: Exprealty
Added: Jun 3 Changed: Jul 10 Last Checked: Jul 31 at 3:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty Executives Arizona Territory

Investment Insights

Based on property information with market context.

The property is an approximately 0.60-acre fully paved development lot currently used as a parking lot. It is configured for vehicle parking and provides operational flexibility for a range of potential uses under Old Town zoning. The site includes an existing Tesla lease on the east side of the property covering eight charging stations and related equipment, with lease information available upon request.

The location is described as being just a stone’s throw from the Colorado River and in the heart of Old Town. The City of Yuma is identified as the seller of surplus land, and additional zoning-related details are available in the provided documents.

For buyers and developers, the paved, ready-to-operate surface supports immediate parking use while also allowing consideration of alternative uses consistent with Old Town zoning. The existing Tesla arrangement on the east side may be relevant for planning site operations and future development. Prospective purchasers should review the Old Town zoning materials and lease documentation available through the listing process.

Key Highlights

  • Approximately 0.60‑acre fully paved development lot in Old Town
  • Currently operating as a parking lot, with flexibility for potential uses under Old Town zoning
  • Old Town zoning permits a variety of potential uses (see documents for details)

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Dental Office Big Box & Wholesale Store Building Supply HVAC Service Storage Facility Auto Parts 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

726
Businesses Nearby
102k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 52% Dining 26% Groceries 15% Hotels & Casinos 7%
Chevron Shops & Services
32,807 visits/mo 0.2 miles
Jack in the Box Dining
22,595 visits/mo 0.2 miles
Circle K Shops & Services
20,837 visits/mo 0.2 miles
Del Sol Market Groceries
15,203 visits/mo 0.3 miles
Coronado Motor Hotel, a Travelodge by Wyndham Hotels & Casinos
3,631 visits/mo 0.3 miles

Demographics for 85364, AZ

73,550
Population
31,867
Households
2.3
Avg Household Size
35
Median Age
17%
College-Educated
77%
High-School Grad
38.4 sq mi
ZIP Area
1,915
Density / Sq Mi
$57,497
Median Household Income
$35,824
Median Earnings
$963
Median Rent
$204,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Fully paved lot in Old Town zoning, currently operating as a parking area with existing Tesla charging equipment.
Where is this commercial land located?
The property is located at 205 N Madison Ave Yuma, AZ.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Approximately 0.60‑acre fully paved development lot in Old Town; Currently operating as a parking lot, with flexibility for potential uses under Old Town zoning; Old Town zoning permits a variety of potential uses (see documents for details)
More about this property
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