215-19-015 Quartzite Dr Golden Valley, AZ 86413
This exceptional 36.92-acre property in Golden Valley, Arizona (Mohave County, zip code 86413), presents a unique investment opportunity. Located at 215-19-015 W Quartzite Dr, the land is zoned AG/RES, allowing for agricultural, commercial, and residential uses. A significant asset is the existing commercial well, boasting a 16-inch casing and a depth of 1440 feet. Independent assessments estimate a potential yield of 2500-3000 gallons per minute when properly equipped. The well has undergone camera scoping, confirming its excellent condition and straightness. Its estimated value exceeds $1 million. Power lines run along the property's frontage, and it's situated outside any designated flood zones. This property is further enhanced by its location within an Opportunity Zone, offering potential tax advantages for investors seeking to defer capital gains. Please note that the well is not currently registered with the Arizona Department of Water Resources (ADWR). The property is offered fee simple. APN: 215-19-015.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.