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Property profile & analytics
OFF-MARKET
Land

0 Swc Lone Mtn And 235 Ave Wittmann, AZ 85361

40.17 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 40.17-acre residential land parcel, located at the southwest corner of Lone Mountain Road and 235th Avenue in Wittmann, Arizona (zip code 85361), presents a compelling investment opportunity. The property, zoned RU-43 under Maricopa County regulations, boasts a prime location approximately three miles from the planned BNSF Intermodal Railroad Facility, offering significant potential for future development. With an asking price of $1,200,000 ($30,000/acre), this land offers substantial value. The property consists of several parcels with APNs: 503-30-019B, 503-30-019C, 503-30-019D, 503-30-019E, 503-30-019F, 503-30-019G, and 503-30-019H, totaling 1,749,955 square feet. The individual parcel sizes are: 871,200 sq ft, 209,869 sq ft, 209,809 sq ft, 9,909 sq ft, 9,909 sq ft, 229,030 sq ft, and 210,220 sq ft respectively. Nearby, Courtland Communities is actively developing two subdivisions, and is pursuing modifications to the general plan to allow for up to five dwelling units per acre. Luke Air Force Base guidelines permit up to six dwelling units per acre. The property is approximately two miles from the planned BNSF facility, and approximately 16,000 feet from Grand Avenue (though Lone Mountain Road does not currently connect to Grand Avenue). This presents a unique opportunity for developers seeking to capitalize on the area's growth and proximity to key transportation infrastructure.

Property profile
Verified
Property type Land
Lot 40.17 ac (1,749,805 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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