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    OFF-MARKET
    Land

    37008 Nighthawk Way Carefree, AZ 85377

    2.86 ac lot
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    AI-generated overview

    Exceptional 2.86-acre commercial land parcel presents a rare opportunity in the exclusive, gated Nighthawk community of Carefree, Arizona. Located in Maricopa County (APN 216-28-071), this property boasts breathtaking views of Black Mountain and the surrounding desert landscape. The lot features desirable privacy and serenity, enhanced by beautiful desert vegetation and natural boulder outcroppings. Nighthawk is a meticulously planned enclave of nine multi-acre homesites, designed by renowned architect Gerry Jones, with each lot thoughtfully positioned to maximize views and privacy. This particular lot offers a unique blend of natural beauty and convenience, situated within walking distance of local shopping and dining options. The zoning is Residential, offering flexibility for development. The asking price is $1,400,000, translating to approximately $489,510.49 per acre. Seller financing may be available. This is an exceptional opportunity to acquire a premier commercial lot in a highly sought-after Carefree location.

    Property profile
    Verified
    Property type Land
    Lot 2.86 ac (124,582 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
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