14 County Rd 5309 -- Concho, AZ 85924
This exceptional 120.87-acre estate in Concho, Arizona, presents a unique investment opportunity. Established 21 years ago, this turnkey vineyard and lavender farm boasts over 12,000 producing grapevines and 35,000 lavender plants, all situated at an elevation of 6,100 feet. The property features breathtaking views, combining the beauty of Sedona's red rock bluffs with the charm of a ProvenГ§al landscape. Beyond the agricultural aspects, the property includes multiple structures, each equipped with its own septic system. Three industrial wells, with grandfathered water rights, provide over 40 gallons per minute of water. The existing infrastructure is designed for minimal maintenance, considering the elements. Amenities include stocked fish ponds with docks, water features, barns, and a greenhouse. Four kitchens and eight barbecues cater to large-scale entertaining. The property also benefits from underground power, fiber optics, heating, cooling, and multiple developed structures. Currently operating with online and on-site wine and lavender sales, this property offers significant expansion potential, including the possibility of establishing a tasting room, wine label, and lavender aromatherapy brand. The property is being offered for sale for the first time, representing a rare chance to acquire a fully operational and expansive estate. The sale includes over 60 developed fruit trees, adding to the property's agricultural diversity and potential.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
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