Property profile

0 N & Salome Rd Salome, AZ 85348

OFF-MARKET
Alt. Energy / Solar Land
680 ac lot
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Property summary

AI-generated overview

This exceptional 680-acre parcel of contiguous raw land presents a compelling investment opportunity in La Paz County, Arizona. Located near existing major solar farms, this property boasts significant advantages for large-scale solar development. The land is remarkably flat, with a slight 1% north-to-south slope ideal for optimal solar energy collection. Importantly, the property is situated outside of any designated flood zones, mitigating risk. Further enhancing its value, the land sits atop the Harquahala aquifer, providing access to water rights. This strategic location also places it within an Economic Opportunity Zone, offering potential tax advantages. Existing power infrastructure further streamlines development plans. The property's APN numbers are: 303-14-007A

Property profile

Verified
Property type Alt. Energy / Solar Land
Lot 680 ac (29,620,800 SF)
APN 303-14-007A; 303-14-007B; 303-14-007C; 303-14-007D; 303-14-007E; 303-14-004; 303-14-003A; 303-14-003B; 303-14-003C; 304-90-071

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

N & Salome Rd Salome, AZ 85348
Salome metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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