Current Use by Public Records
- Land
Property Details for 2370 Us-60
- Lot size
- 1.01 lot acres
- Property type
- Land
Description
This exceptional 1.01-acre commercial land parcel is ideally situated on Route 60 in Miami, Arizona, offering significant development potential. Located in Gila County, near the bustling Walmart Supercenter and other key amenities including a high school and hospital, this property boasts approximately 300 feet of frontage on Route 60 and benefits from level topography. The C-2 zoning allows for a wide range of commercial uses, including retail sales, office buildings, hotels, and food and beverage establishments, both indoor and outdoor. City of Globe water and sewer services are readily accessible near the property line. The property's strategic location within a thriving community undergoing significant revitalization, including a $22 million senior housing project and the planned 58-acre Marigold Village development (offering over 700 housing units, a hotel, and event center), presents a compelling investment opportunity. The average household income within a 5-mile radius is $58,600, and Route 60 sees an estimated 18,600 vehicles per day (CoStar 2018 data). This property is situated in a Federal Opportunity Zone and a Non-Metro Difficult to Develop (DDA) area. Prospective buyers are responsible for verifying all utility locations and capacity levels during their due diligence. The asking price for this prime commercial land is $505,000. The property's APN is 206-05-002B.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Gila
- State
- Arizona
- Longitude
- -110.833
- Latitude
- 33.4149
