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    1071 Route 66 Flagstaff, AZ 86001

    For Sale
    $2,500,000

    Prime 1-acre flex site, build-to-suit.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1-acre development site, located at 1071 W Route 66 in Flagstaff, Arizona, presents a unique investment opportunity. Zoned for Highway Commercial use, this property offers significant potential for a variety of commercial ventures. The site is currently vacant, although some off-site improvements exist. Its prime location on West Route 66 ensures high visibility and accessibility, benefiting from a substantial 23,000 vehicle traffic daily count, projected to increase rapidly. A new student housing complex (approximately 750 beds) is under construction directly across the street, further enhancing the area's commercial appeal and driving increased foot traffic and demand. This property is ideal for build-to-suit projects, catering to retail, commercial food, or professional businesses. The site is ready for immediate design and construction, with a concept plan already available. This is an excellent opportunity to capitalize on the growth corridor leading to a major new residential development area in Flagstaff, Coconino County, AZ 86001. The asking price for this exceptional property is $2,500,000.

    Property Features for 1071 Route 66

    General Information

    Property type
    Flex space
    Lot Size
    43,560 SF

    HighLights

    • $2,500,000 asking price.
    • 1‑acre unimproved lot.
    • Prime retail/commercial site on West Route 66, Flagstaff, AZ.
    • Build‑to‑suit opportunity for retail, commercial food, or professional buildings.
    • High‑traffic location near a new 750‑bed student housing complex.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Flagstaff
    County
    Coconino
    State
    Arizona
    Longitude
    -111.6643108
    Latitude
    35.1904616

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    FAQs

    What type of property is this?
    Flex space - Prime 1-acre flex site, build-to-suit.
    Where is this flex space located?
    The property is located at 1071 Route 66 Flagstaff, AZ.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 asking price.; 1-acre unimproved lot.; Prime retail/commercial site on West Route 66, Flagstaff, AZ.
    Request Owner's contact information
    1071 Route 66 Flagstaff, AZ 86001
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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
    1071 Route 66 Flagstaff, AZ 86001
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