2411 State Rte 89a, Sedona, AZ 86336-5342
This exceptional 1.79-acre commercial land parcel presents a remarkable investment opportunity in the heart of Sedona, Arizona. Located on State Route 89A, this property enjoys unparalleled visibility and accessibility, situated directly across from established businesses such as McDonald's, Safeway, PetSmart, and UPS. Its strategic position also benefits from adjacency to the Wyndham Resort and Builder's 1st Source. Zoned for Commercial use (CO) by the City of Sedona, this site offers diverse development potential, including multi-family housing, retail, restaurants (including drive-thrus), office space, storage facilities, or special-purpose uses. Alternatively, it presents a strong land banking opportunity. The asking price is $1,999,000, translating to an attractive $26 per square foot. A 2024 ALTA survey is available. Red rock views enhance the property's desirability. The high volume of tourist and resident traffic on State Route 89A ensures consistent customer flow, making this a highly strategic investment. The property's APN is 408-24-023A and is offered as a fee simple ownership.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.