0 Harquahala Valley Rd Tonopah, AZ 85354
This expansive 320-acre parcel in Tonopah, Arizona (Maricopa County, zip code 85354), presents a unique investment opportunity in renewable energy. Located near the Harquahala Valley Rd, this property (APN: 401-56-016, 401-56-015, 401-56-020) is zoned RU-43 and offers significant potential for solar farm development. The land is priced at $4,000 per acre, totaling $1,280,000. Its strategic location is adjacent to phases 1 and 2 of the Harquahala Sun project, a large-scale renewable energy initiative with phases 3, 4, and 5 planned to extend southward. An existing option for solar development has been presented to the current owner, reflecting the property's suitability and market demand. This presents a strong return on investment (ROI) opportunity for a buyer willing to partner with a solar energy company. The property's diverse zoning (Commercial, Hunting/Recreational, Residential) offers flexibility beyond solar development, though the current pricing reflects its prime potential for renewable energy projects. The property's latitude and longitude coordinates are 33.3484, -113.1602 respectively. This is a remarkable chance to capitalize on the growing renewable energy sector in Arizona.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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