Current Use by Public Records
- Retail properties & Spaces
Property Details for 41901 Old Mine Rd
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional 6.19-acre property in Cave Creek, Arizona, presents a unique investment opportunity. Comprising 24 parcels zoned C-2 (Commercial/Mixed Use), this assemblage is ideally situated at the intersection of Cave Creek Road and Tonto Hills, offering unparalleled development potential. The site's location at the gateway to the Tonto National Forest ensures high visibility and accessibility, attracting both local residents and tourists. The approved zoning allows for a diverse range of uses, including a "Main Street" style development featuring a general store, gas station, garage condos, retail and restaurant spaces, residential condos with rooftop decks, and even a pickleball facility. This is the last available commercial/mixed-use land before entering the National Forest, providing a rare chance to create a distinctive destination. The property is part of a domestic water improvement district (DWID) and receives water through a private water company. While the community utilizes septic systems, sewer infrastructure is readily accessible across the street, requiring only necessary approvals from Maricopa County and the City of Scottsdale. Surrounded by affluent communities like Desert Mountain, Mirabel, and Carefree, this development promises significant returns. The asking price is $6,500,000. The property's APN is 219-12-231-A.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cave Creek
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.828
- Latitude
- 33.8661
