23845 Lone Mountain Rd Wittmann, AZ 85361
This exceptional 5.05-acre property, located at 23845 W Lone Mountain Rd Lot 5, Wittmann, AZ 85361 (APN 503-30-020-M), presents a unique opportunity for various ventures. Zoned R-43, this land offers flexibility for agricultural, commercial, or residential development. The asking price is $195,000, translating to approximately $38,613.86 per acre. Situated in Maricopa County, this parcel boasts mature trees and is conveniently located near US60, offering easy access to Phoenix (approximately 35 miles) and burgeoning manufacturing centers along SR74 and the 303 Loop. The property is free from city restrictions, CC&Rs, and APZ or noise contour limitations, making it fully buildable. Potential uses include a homestead, subdivision, or the construction of a large or small home. Manufactured or site-built homes are permitted. The property's agricultural designation may qualify for tax exemptions. Cross streets are Crozier Rd and Lone Mountain Rd. This is a rare chance to own a sizable parcel in a rapidly growing area of Arizona, offering both rural tranquility and convenient access to urban amenities.
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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