215 Houston Mesa Rd Payson, AZ 85541
- Land
- 12.39 lot acres
Current Use by Public Records
- Land
Property Details for 215 Houston Mesa Rd
- Lot size
- 12.39 lot acres
- Property type
- Land
Description
This exceptional 12.39-acre property in Payson, Arizona, presents a prime opportunity for residential development. The land boasts pre-platted entitlements for an 83-lot single-family residential subdivision, offering a mix of lot sizes: 60' x 100' and 35' x 100'. The planned development includes 13 detached single-family residential lots and 70 attached townhome-style units, resulting in a density of 6.7 dwelling units per acre. Located at 215 W Houston Mesa Rd, Payson, AZ 85541 (APN: 302-35-007A & 302-35-252), this R1-6 & R-3 zoned land offers significant potential. All utilities are either available on-site or in close proximity. The seller may provide a final plat as part of the closing process, streamlining the development timeline. Given the limited availability of new housing development opportunities in Payson, this presents a unique and attractive investment prospect. The asking price for this ready-to-develop land is $1,875,000. This is a remarkable chance to capitalize on the growing demand for housing in this desirable Arizona location. The property is owned by Zane Grey Investments III, LLC.
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
- Payson
- County
- Gila
- State
- Arizona
- Longitude
- -111.325
- Latitude
- 34.2671