Current Use by Public Records
- Commercial real estate
Property Details for 36019 Mt Lemmon Rd
- Year built
- 1890
- Lot size
- 459.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 459-acre property, located at 36019 S Mt Lemmon Road in Oracle, Arizona, presents a unique investment opportunity. Situated at an elevation of 4700 feet in the Santa Catalina Mountains, the ranch boasts significantly cooler temperatures than nearby Tucson and Phoenix – averaging 10 and 15 degrees cooler, respectively. Established in 1900, the 3C Ranch served as the headquarters for a substantial 36,000-acre cattle operation. The centerpiece is the 150-year-old Verde House, a testament to the property's rich history. A significant portion of the property includes a 36.2-acre commercial hotel complex. This complex comprises six houses with a combined sleeping capacity of 50 guests. Furthermore, there's an approved plan amendment in place to expand the lodging options by adding 20 more casitas and 18 high-end RV spots. The Goff family undertook a complete renovation of every building on the property in 2018. Adding to the commercial viability, a Class 6 liquor license (valued at approximately $150,000) was acquired. The historic horse stables and barn have been repurposed into a modern bar and restaurant, enhancing the property's income-generating potential. The total square footage of buildings is 25,000 square feet. This property offers a rare blend of historical significance, stunning natural beauty, and substantial commercial potential. The asking price is $6,500,000.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oracle
- County
- Pinal
- State
- Arizona
- Longitude
- -110.702
- Latitude
- 32.5467
