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    2511 Route 66 Flagstaff, AZ 86004

    For Sale
    $7,500,000

    Flagstaff, AZ: Prime Retail Land

    Property size:
    378,972 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8.7-acre retail property in Flagstaff, Arizona, is situated on the highly visible southeast corner of East Route 66 and Fourth Street, a major intersection experiencing significant growth. Priced at $7,500,000, this multi-tenant property boasts 378,972 square feet and is zoned for Highway Commercial use (APN: 107-13-009). Its strategic location benefits from increased traffic flow due to the nearby Canyon Del Rio home subdivision under construction and future Fourth Street expansion connecting to J.W. Powell Boulevard and Interstate 17. The property's proximity to established businesses like Chick-fil-A and Sportsman's Warehouse ensures a steady flow of customers. Ideal for various retail, dining, grocery, or convenience store/fuel enterprises, this site offers excellent accessibility from all sides and is ready for development. Existing infrastructure includes sidewalks, gutters, and comprehensive utilities. The low tree count facilitates full site development. This presents a rare opportunity to capitalize on the projected traffic increase in this high-demand commercial district in Coconino County, Arizona, zip code 86004. This is a truly remarkable investment opportunity with a bright future.

    Property Features for 2511 Route 66

    General Information

    Property type
    Retail properties
    Square Feet
    378,972 SF
    Lot Size
    378,972 SF

    HighLights

    • 8.7‑acre retail property in Flagstaff, AZ, on the highly visible corner of E. Route 66 & Fourth Street.
    • Priced at $7,500,000, with 378,972 square feet and Highway Commercial zoning (APN: 107‑13‑009).
    • Excellent location with high traffic counts due to nearby development and planned road improvements.
    • Proximity to established businesses like Chick‑fil‑A and Sportsman's Warehouse.
    • Ideal for various retail uses and ready for development with existing infrastructure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Flagstaff
    County
    Coconino
    State
    Arizona
    Longitude
    -111.6125741
    Latitude
    35.2062068

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    FAQs

    What type of property is this?
    Retail property - Flagstaff, AZ: Prime Retail Land
    Where is this retail property located?
    The property is located at 2511 Route 66 Flagstaff, AZ.
    What is the asking price?
    The asking price for this property is $7,500,000.
    What are key features of this property?
    This property features: 8.7-acre retail property in Flagstaff, AZ, on the highly visible corner of E. Route 66 & Fourth Street.; Priced at $7,500,000, with 378,972 square feet and Highway Commercial zoning (APN: 107-13-009).; Excellent location with high traffic counts due to nearby development and planned road improvements.
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    2511 Route 66 Flagstaff, AZ 86004
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    Flagstaff, AZ 86004
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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
    2511 Route 66 Flagstaff, AZ 86004
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