AZ-79 N Florence, AZ 85132
This exceptional 5-acre residential lot, located on N AZ-79 south of Florence, Arizona, presents a unique opportunity for building a custom home. The property boasts a desirable GR zoning designation, offering flexibility for development. Priced at $690,000, this represents an excellent value at $140,000 per acre. The lot's generous size provides ample space for a spacious home and landscaping. A significant advantage is the existing well agreement ensuring access to water rights, eliminating a crucial hurdle in the construction process. Electricity is conveniently located at the roadside, simplifying utility connections. The property's APN is 202-21-004H, and its location in Pinal County, Arizona, offers a blend of rural tranquility and proximity to the amenities of Florence (zip code 85132). The possibility of dividing the lot further enhances its investment potential. This property is ideal for those seeking a peaceful setting to build their dream home while enjoying the convenience of nearby urban facilities. Coordinates are 32.8979144 latitude and -111.2759639 longitude. Don't miss this chance to acquire this remarkable piece of land.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.