1251 Los Pueblos Way Prescott, AZ 86305
This exceptional 6.35-acre parcel, located at 1251 Los Pueblos Way in Prescott, Arizona (APN 115-05-064C), presents a remarkable multifamily development opportunity. Currently zoned MF_M (Multifamily Medium Density), this bank-owned property allows for the construction of over 130 residential units, based on 2022 Prescott LDC guidelines, offering a density of approximately 21 units per acre. The property's prime location offers unparalleled convenience, situated just minutes from Prescott's vibrant downtown area and a wealth of amenities including Walmart, Big B, Burger King, and Safeway. The expansive lot provides ample space for a substantial development project, catering to the growing demand for residential housing in the Prescott area. This is a rare chance to acquire a significant land holding in a desirable location, ideal for apartments or condominiums. The property is owned by America First Federal Credit Union and is being offered as a bank-owned foreclosure, presenting a unique investment opportunity. Detailed zoning information and development guidelines are readily available. This property offers stunning views, adding to its desirability and potential for high-value development. Contact us today to explore this exceptional investment opportunity.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.