51st St & Carefree Hwy Cave Creek, AZ 85331
This exceptional 3.99-acre commercial land parcel presents a unique investment opportunity in the thriving town of Cave Creek, Arizona. Located at the northeast corner of 51st Street and Carefree Highway (APN: 211-47-088A - 211-47-087A), this property boasts excellent visibility and accessibility, making it ideal for a variety of commercial ventures. The land is zoned for Commercial Buffer use within the Town of Cave Creek, offering flexibility for development. Cave Creek's distinctive Southwestern charm, coupled with its high growth potential and central location, creates a compelling investment case. The area is known for its unique blend of historical appeal, upscale shopping, and renowned dining and entertainment options, attracting both residents and tourists. This property's prime location offers unparalleled access to a vibrant community and a strong local economy. The high-traffic location on Carefree Highway ensures significant visibility for any business established here. This is a rare opportunity to acquire a substantial commercial lot in a highly desirable and rapidly developing area of Maricopa County. The property's size and zoning provide ample room for creative development, catering to a wide range of commercial uses. Don't miss this chance to capitalize on the growth and potential of Cave Creek.
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.