36033 Mt Lemmon Rd Oracle, AZ 85623
This exceptional 459-acre Arizona ranch presents a unique investment opportunity. The property boasts a beautifully restored 25,000 square foot main headquarters, featuring eight buildings with a total of sixteen units, meticulously renovated between 2018 and 2020. The main structures are two stories high and include a brand-new restaurant and bar complete with a liquor license. The property also benefits from a certified public water system, ensuring reliable water access. Enjoy breathtaking mountain views from this stunning location. The land is comprised of 36 acres zoned commercial (CB3) and 423 acres zoned GR-1, further enhanced by two additional agricultural wells. County-approved expansion plans are in place for an additional twenty casitas and eighteen RV sites, offering significant potential for future development and revenue generation. This historic guest ranch, lovingly restored by a local ranching family, offers a blend of established income streams and exciting growth opportunities. The property is currently vacant and priced at $6,500,000 ($240 per square foot). Built in 1879, this property combines historical charm with modern amenities and significant upside potential. Terms are available. Located at 36033 S Mt Lemmon Rd, Oracle, AZ 85623, in Pinal County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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