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Property profile & analytics
OFF-MARKET
Land

60 Off Hwy Salome, AZ 85348

234 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 234-acre parcel in Salome, Arizona, presents a unique investment opportunity. Boasting prime Highway 60 frontage, the property offers unparalleled visibility and convenient access. Utilities are readily available, simplifying development. The flat, developable land is zoned MHS & PD, La Paz County, allowing for diverse uses, including commercial, agricultural, and residential projects. Its location near Alamo Lake caters to outdoor enthusiasts, retirees, and snowbirds seeking a peaceful escape. The absence of Active Management Area (AMA) restrictions opens possibilities for farming, further enhanced by eligibility for the McMullen Valley Water Conservation & Drainage District, potentially reducing agricultural electricity costs. The property's history as a historic airfield adds to its unique character. Its proximity to local airports and Salome's commercial center, coupled with an affordable price per acre, presents significant upside potential. Consider development options such as an RV park, commercial venture, or even a solar field. Electricity runs along the property's Highway 60 side, and the seller may consider waiting for project approval. Salome offers a vibrant community with full-time residents and seasonal visitors, a golf course, a high school, and essential services, with Wickenburg providing additional amenities just an hour away. This is a truly remarkable opportunity for a mixed-use development in a thriving small town. The asking price is $975,000.

Property profile
Verified
Property type Land
Lot 234 ac (10,193,040 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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