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    OFF-MARKET
    Retail properties & Spaces

    42710 Us 60 Hwy, Morristown, AZ 85342

    458 SF 3.42 ac lot Built 2023
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2023
    Total area 458 SF
    Lot 3.42 ac (149,062 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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