Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Land

    60 And State Rte, Morristown, AZ 85342

    18 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 18-acre commercial land parcel presents a unique investment opportunity at the highly visible southeast corner of US Highway 60 and State Route 74 in Morristown, Arizona (zip code 85342, APN 503-22-021A). Zoned RU-43, this property boasts a strategic location at the intersection of two major truck routes, offering unparalleled exposure and accessibility. The asking price is $4,900,000, translating to a land value of $6.25 per square foot. Its proximity to significant infrastructure is a key advantage. The site is approximately six miles from BNSF land, providing convenient access to rail transportation. Furthermore, its location offers easy access to the Taiwan Semiconductor Manufacturing Company (TSMC) facility, a major economic driver in the region, and is approximately a 30-minute drive from the gateway to Las Vegas. The area is experiencing significant residential growth, with plans for approximately 5,000 new homes in the immediate vicinity, ensuring a robust and expanding customer base for future development. This hard corner location offers exceptional visibility and potential for a wide range of commercial uses, making it an ideal investment for developers seeking a high-impact location in a rapidly growing market. The property's size and strategic location make it an exceptional opportunity for significant return on investment.

    Property profile
    Verified
    Property type Land
    Lot 18 ac (784,080 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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 60 And State Rte?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message