411th Ave And Camelback Rd Tonopah, AZ 85354
This exceptional 309.85-acre commercial land parcel in Tonopah, Arizona, presents a significant investment opportunity. Located at the intersection of 411th Avenue and Camelback Road, this property is strategically positioned approximately 0.75 miles north of the full diamond interchange at 411th Avenue and Interstate 10, with 411th Avenue paved to Camelback Road. A Pilot truck stop is conveniently located at the southwest corner of 411th Avenue and Interstate 10. The land is zoned RU-43 (Maricopa County) and boasts an irrigation groundwater right (58-106787.0003) encompassing 245 irrigable acres, with an allotment of 1,328.10 acre-feet of water. The asking price is $10,844,750, translating to $35,000 per acre. The property's prime location offers proximity to major transportation arteries, including the planned Interstate 11, a future intermountain west corridor connecting Arizona to Nevada, and potentially part of a larger CANAMEX corridor connecting Canada to Mexico. The I-11 record of decision and final preliminary section were published in November 2021. Furthermore, the property is situated west of numerous large master-planned communities, including Douglas Ranch (recently acquired by Howard Hughes Corporation), Belmont, and Tartesso, indicating substantial future growth potential. The APN is 506-35-029A. This presents a rare chance to acquire a substantial land holding in a rapidly developing area of Arizona.
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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