42710 Us 60 Hwy, Morristown, AZ 85342
This exceptional 3.422-acre property in Morristown, Arizona, presents a unique investment opportunity. Located at 42710 W US 60 Hwy, this 2023-built retail space boasts 458 square feet, offering a versatile footprint for various commercial uses. The property's strategic location provides excellent visibility and accessibility. The asking price is $495,000, translating to $1,080.79 per square foot. The single-story building sits on a spacious lot, providing ample room for expansion or additional development. The property's APN is 503-23-049-A and is zoned for retail and land use. This is an ideal opportunity for entrepreneurs seeking a well-located, newly constructed commercial space in a growing area. The property's combination of retail space and expansive land offers significant potential for future growth and development. The property features five covered horse pens and five pastures, making it suitable for various uses beyond retail. An RV hookup is also available on the property. The single-bedroom, single-bathroom tiny house offers additional living space. Inside, a stackable laundry unit provides convenient laundry facilities. The property's location in Maricopa County, Arizona, offers access to a thriving community and excellent transportation links. The zip code is 85342.
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.