Flagstaff Redevelopment
For Sale
$890,000
823 W Clay Avenue, Flagstaff, AZ 86001
Commercial Sale, Flagstaff, AZ
Property Size2,422 SF
Lot Size0.30 Acres
Price / SF$367.46
Days on Market101
Property Features for 823 W Clay Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From Route 66, turn onto W Clay Ave. Corner house on the left at Blackbird Roost and Clay.
Subdivision
150 - Flagstaff Old Town
Standard status
Active
APN
10302004
Size
2,422 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SUBDIVISION: RIORDAN ADD BEG AT INTRSECS LINE ARMORY AVE & E LINEBLACKBIR D ROOST TH ELY 50'; TH SLY 134'; TH WLY 50'; T
Tax Annual Amount
3011
Legal Description
SUBDIVISION: RIORDAN ADD BEG AT INTRSECS LINE ARMORY AVE & E LINEBLACKBIR D ROOST TH ELY 50'; TH SLY 134'; TH WLY 50'; T
Utilities
Utilities
Phone Available
Building Details
Year built
1935
Roof type
Asphalt
Listing Agency:
da Vinci Realty
(928) 779-3800
Listed By:
Rosa J Leonardis · License #SA646837000
(928) 607-8026
Added: May 18
Changed: Aug 19
Last Checked: Aug 26 at 8:06AM
MLS# 204589
Copyright © 2026 Northern Arizona Multiple Listing Service. 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.
This property offers a redevelopment opportunity in Old Town Flagstaff. Positioned on a Highway Commercial-zoned parcel, the location is near Northern Arizona University, established residential neighborhoods, and key transportation corridors. The primary value lies in the land, zoning flexibility, and ongoing entitlement efforts. The sellers are pursuing entitlement pathways that may allow for preservation of the existing residence while adding 5 townhomes, or redevelopment of the site for up to 8 townhomes. Buyers should independently verify zoning, density, entitlements, permitted uses, and municipal approvals. The property benefits from strong connectivity, proximity to Northern Arizona University, nearby employment centers, and increasing housing demand. The location also offers convenient access to Butler Avenue, Milton Road, and Route 66, supporting both residential and mixed-use potential. An existing 6-bedroom structure is present on site and may provide interim utility; however, the opportunity is best suited for buyers focused on redevelopment, entitlement completion, land value, and long-term investment potential. The property size is 2422 square feet and the lot size is 0.3 acres.
Key Highlights
- Highway Commercial zoning offers significant redevelopment potential in high‑demand Old Town Flagstaff.
- Entitlement efforts underway for up to 8 townhomes or preserving the existing residence with 5 townhomes (buyer to verify).
- Rare commercially zoned infill parcel with potential for higher‑density development in central Flagstaff.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,484
Businesses Nearby
Explore this area
Business Placement
Demographics for 86001, AZ
37,093
Population
15,364
Households
2.4
Avg Household Size
27
Median Age
55%
College-Educated
96%
High-School Grad
290.4 sq mi
ZIP Area
128
Density / Sq Mi
$62,587
Median Household Income
$24,346
Median Earnings
$1,505
Median Rent
$570,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Highway Commercial-zoned land near NAU with redevelopment potential.
Where is this commercial land located?
The property is located at 823 W Clay Avenue Flagstaff, AZ.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Highway Commercial zoning offers significant redevelopment potential in high‑demand Old Town Flagstaff.; Entitlement efforts underway for up to 8 townhomes or preserving the existing residence with 5 townhomes (buyer to verify).; Rare commercially zoned infill parcel with potential for higher‑density development in central Flagstaff.
