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Property profile & analytics
OFF-MARKET
Land

0 Senator Hwy Prescott, AZ 86303

221.11 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 221.11-acre property in Prescott, Arizona (APN 205-14-246Q), presents a unique investment opportunity. Priced at $6,000,000 ($27,149 per acre), this land boasts a rich history tied to the Senator gold mine, active from 1871 to 1899, and its associated mining town. The property includes ten mining claims (Millsite, Lewis, West Point, Cascade, Sky Light, Snoozer, Gold Dust, Cashier, Cherry, and Senator – District: Hassayampa-MS975, 1459, 1458, 176, 1289, 1291, 965, 964, 962, and 902). Currently zoned RCU2A, the land is ideal for residential development, with minimum lot sizes of two acres, allowing for single-family homes nestled within the natural beauty of the area. Alternative uses, subject to rezoning, could include a public park, campground, or nature preserve. Located at 0 Senator Highway, Prescott, AZ 86303, the property is accessible via a mostly paved road, approximately 10 miles south of Prescott. The area is characterized by a hilly, wooded landscape, featuring the Hassayampa River basin. While remnants of the mining town remain, the sale focuses on the 221 acres surrounding the mine site. The sale is structured as a 1031 exchange. Buyers should be aware of past environmental concerns related to the abandoned mine. This property offers a blend of historical significance, natural beauty, and development potential in a desirable Prescott location.

Property profile
Verified
Property type Land
Lot 221.11 ac (9,631,552 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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