1071 Route 66, Flagstaff, AZ 86001
This exceptional 1-acre development site, located at 1071 W Route 66 in Flagstaff, Arizona, presents a unique investment opportunity. Zoned for Highway Commercial use, this property offers significant potential for a variety of commercial ventures. The site is currently vacant, although some off-site improvements exist. Its prime location on West Route 66 ensures high visibility and accessibility, benefiting from a substantial 23,000 vehicle traffic daily count, projected to increase rapidly. A new student housing complex (approximately 750 beds) is under construction directly across the street, further enhancing the area's commercial appeal and driving increased foot traffic and demand. This property is ideal for build-to-suit projects, catering to retail, commercial food, or professional businesses. The site is ready for immediate design and construction, with a concept plan already available. This is an excellent opportunity to capitalize on the growth corridor leading to a major new residential development area in Flagstaff, Coconino County, AZ 86001. The asking price for this exceptional property is $2,500,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.