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Property profile & analytics
OFF-MARKET
Land

144th Carefree Hwy Scottsdale, AZ 85262

9.11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.11-acre property in Scottsdale, Arizona (APN 219-36-059 A and B), offers a unique opportunity for residential development. Zoned R-43, it boasts breathtaking views of Four Peaks Needle, the McDowell Mountain Range, and the Mazatzal Mountain Range, all framed by the vast Tonto National Forest. Located just off 144th St North Carefree Hwy, 85262, this land is approximately 1,000 feet from the Tonto National Forest's main entrance, providing easy access to horseback riding and off-roading. The Granite Mountain Preserve, perfect for hiking and mountain biking, is less than a mile away. Enjoy cooler temperatures, clear night skies, and abundant wildlife in this tranquil setting. The property includes a recently drilled private well. While potentially offering up to eight homesites (verification recommended), there are currently no HOA or covenants, and the land is not located in a flood plain. Convenience is also a key feature, with golf courses and five-star restaurants just 15 minutes away, and Phoenix International Airport a 45-minute drive. The land's value is $183,815 per acre, with an asking price of $1,624,000. The Verde River is less than ten minutes away.

Property profile
Verified
Property type Land
Lot 9.11 ac (396,832 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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