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    Back On The Market Somerton, AZ 85350

    For Sale
    $4,600,000

    Prime Arizona commercial land, ideal for multi-family & residential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 92-acre parcel presents a compelling investment opportunity in the thriving Somerton, Arizona market. Located in Yuma County, with APN 195-35-001, this property is zoned R-2 & R-3, allowing for a variety of development options. The asking price is $4,600,000, translating to a land value of $50,000 per acre. Its expansive size and strategic location make it particularly well-suited for multi-family residential projects, H2A housing, or other residential developments. The property's position within a rapidly growing area positions it to benefit from significant future appreciation. This is a rare chance to acquire a substantial land holding in a high-growth corridor, offering considerable potential for long-term returns. The property's size and zoning flexibility provide developers with significant design freedom and the potential to create a truly impactful project. Serious inquiries are encouraged to explore the possibilities of this exceptional land offering in Somerton, Arizona, zip code 85350. The coordinates are 32.5653176 latitude and -114.6905436 longitude. This is a "back on the market" opportunity not to be missed.

    Property Features for 0 Back On The Market

    General Information

    Property type
    Land
    Lot Size
    4,007,520 SF

    HighLights

    • 92‑acre land parcel available for sale.
    • Ideal for multifamily, H2A, and residential development.
    • Prime location within a high‑growth area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Somerton
    County
    Yuma
    State
    Arizona
    Longitude
    -114.6905436
    Latitude
    32.5653176

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    FAQs

    What type of property is this?
    Land - Prime Arizona commercial land, ideal for multi-family & residential.
    Where is this land located?
    The property is located at Back On The Market Somerton, AZ.
    What is the asking price?
    The asking price for this property is $4,600,000.
    What are key features of this property?
    This property features: 92-acre land parcel available for sale.; Ideal for multifamily, H2A, and residential development.; Prime location within a high-growth area.
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    Back On The Market Somerton, AZ 85350
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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
    Back On The Market Somerton, AZ 85350
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