45072 Az-188 Tonto Basin, AZ 85553
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.