491 Siesta St Clarkdale, AZ 86324

This exceptional 9.66-acre parcel presents a unique investment opportunity in Clarkdale, Arizona's Verde Valley. Situated approximately 500 feet from the Verde River, this property boasts a prime location, just a half-mile from a revitalizing downtown area featuring new businesses. The site is surrounded by single-family residences and benefits from Clarkdale's robust residential growth, exceeding neighboring jurisdictions in building permits over the past two years. A projected housing shortage of 4,000 units in the Verde Valley further underscores the area's development potential. Currently zoned R3, the land allows for diverse multifamily uses, including duplexes, triplexes, four-plexes, and larger dwelling buildings, along with single-family homes and bed & breakfasts. The property features gently sloping to level topography with mature trees near the river. Town water and sewer lines are accessible on Siesta Drive; however, buyers are responsible for verifying utility adequacy and location during due diligence. The property's proximity to Sedona (20 minutes), Cottonwood (5 minutes), Flagstaff (60 minutes), and Interstate 17 (20 minutes) adds to its appeal. A proposed 52-unit condo project is currently under review, highlighting the area's ongoing development. This is a rare chance to acquire a substantial land holding in a thriving Arizona community.