3457 State Route 69 Mayer, AZ 86329
This exceptional 15.3-acre commercial land parcel, located at 3457 S State Route 69 in Prescott Valley, Arizona (zip code 86329), presents a significant investment opportunity. Priced at $1,450,000, or approximately $98,039 per acre, this property boasts dual C1-2 and R1L-70 zoning, offering flexibility for a variety of commercial and residential developments. The APN is 402-08-049Q. Situated along Highway 69 near Aqua Fria, the land is positioned east and west of Aqua Fria. The property currently includes the Riata Pass Auction House, a building requiring repairs and a new lease negotiation with the existing tenant under a month-to-month agreement. While the current zoning allows for both residential and commercial uses, rezoning to fully commercial use is considered feasible. This prime location in Dewey-Humboldt presents a unique chance for redevelopment and significant return on investment. The property's size and strategic location make it ideal for a wide range of commercial ventures. Serious inquiries are encouraged to explore the potential of this remarkable property.
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
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Property description
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No recorded transactions found for this property.
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Risks
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