5231 Kaniksu St, Apache Junction, AZ 85119
This exceptional 11.2-acre property in Apache Junction, Arizona, presents a unique investment opportunity. Located on the historic Old WASP Mining Claim, the property boasts stunning, unobstructed views of the Superstition Mountains. The 5,293 square foot ranch-style residence, built in 2014, is complemented by horse stables and fully operational RV camping sites generating annual income. The property is zoned GR (General Rural) and offers a blend of residential and mixed-use potential. The asking price is $3,650,000, translating to $689.59 per square foot. Parcel numbers are 100-02-002D & E. Seller financing is available, making this a compelling opportunity for those seeking a blend of residential living, equestrian pursuits, and income generation. The property's location in Pinal County, Arizona, offers easy access to the amenities of Apache Junction while maintaining a tranquil, rural setting. This is a rare chance to acquire a substantial property with established income streams and significant development potential. The property's size and zoning provide flexibility for a variety of uses, making it an attractive investment for both seasoned and aspiring entrepreneurs.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.