63 Columbia Rd, Morristown, AZ 85342
This exceptional 170.43-acre property in Morristown, Arizona (APN 204-02-069-A), is offered at $1,200,000 ($7,041.01/acre). Located at 0 N Columbia Rd 63, 85342, this land boasts breathtaking Bradshaw Mountain and Lake Pleasant views (9 miles north). Enjoy the serene country setting, picturesque sunsets, and fresh air amidst rolling hills and desert vegetation. The property is zoned for single-family residential use, allowing for one home per two acres, presenting a significant opportunity for a housing development. Recreational amenities are nearby, including Scorpion Bay Marina (boating and fishing) and the Castle Hot Springs resort. Conveniently situated just 20 miles from the TMSC Semiconductor Plant in North Phoenix, this location benefits from good road access within a growing submarket. An existing well is on the property. This is a rare chance to acquire a substantial land parcel with exceptional views and development potential in a desirable Arizona location.
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
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.