0 Rex Allen Dr Willcox, AZ 85643
This exceptional 5.38-acre commercial land parcel presents a unique investment opportunity in the thriving town of Willcox, Arizona. Situated on W Rex Allen Dr, this property boasts approximately 275 feet of frontage along one of Willcox's busiest thoroughfares, experiencing over 18,000 average daily vehicles, according to the Arizona Department of Transportation. The property's zoning, designated GC-1 and RR-1, allows for diverse development possibilities, including a potential wine tasting room at the front and vineyard at the rear, perfectly complementing Willcox's burgeoning wine industry. This is one of the last remaining undeveloped parcels on Rex Allen Drive, offering unparalleled visibility and accessibility. Willcox's vibrant tourism sector, fueled by its renowned wineries, annual events like Rex Allen Days and the Wing over Willcox birdwatching festival, creates a strong foundation for commercial success. The city's proactive approach to development suggests that rezoning the entire property to GC-1 would likely be approved. With its strategic location, flexible zoning, and Willcox's promising economic outlook, this property represents a compelling investment opportunity for discerning buyers. The property's APN is 203-27-009. The asking price is $100,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.