Property profile

45072 Az-188 Tonto Basin, AZ 85553

OFF-MARKET
Retail properties & Spaces
2,184 SF 1.6 ac lot
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Property summary

AI-generated overview

This exceptional Tonto Basin, Arizona property offers a unique blend of commercial and residential potential. Priced at $699,000, this 2,184 square foot building sits on a 1.6-acre lot (Parcel 1) and features four units across three buildings, all on one story. Currently zoned for mixed use, it's ideally suited for a build-to-suit project, offering flexibility for various business ventures or a live-work arrangement. The interior of the main building is unfinished, allowing for complete customization to your specifications, with the completion of interior items included in the asking price. The property's strategic location along Highway 188, just 10 miles north of Lake Roosevelt, ensures high visibility and accessibility. Two additional adjacent parcels are available for purchase, expanding the total acreage to approximately 3.6 acres if all three are acquired. Parcel 3 (approximately 0.6 acres) includes a 608 square foot efficiency home and a large carport. This presents a rare opportunity to develop a substantial property in a high-traffic area near Lake Roosevelt and the Tonto National Forest, suitable for various uses including short-term rentals, multifamily dwellings, or a large-scale commercial enterprise. The property's versatility makes it an attractive investment for both businesses and individuals seeking a unique live-work opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,184 SF
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

45072 Az-188 Tonto Basin, AZ 85553
Tonto Basin metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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