64904 Hwy 60 Salome, AZ 85348
This exceptional commercial property in Salome, Arizona, presents a remarkable investment opportunity. Situated on approximately two acres of land, the property boasts a versatile zoning designation allowing for both commercial and residential uses. The main structure includes a retail shop, offering immediate income potential or the possibility for expansion and customization to suit a variety of business needs. In addition to the retail space, a sizable mobile home (approximately 1200+ square feet) is affixed to the property, providing ample living quarters or additional office space. A large carport offers convenient covered parking and storage. The property's 1,542 square feet of combined building space, coupled with the expansive two-acre lot, provides significant room for growth and development. The location in Salome offers access to a growing community and presents numerous possibilities for entrepreneurs and investors alike. This property is ideal for those seeking a blend of commercial and residential use, offering flexibility and potential for substantial returns. The existing structures provide a solid foundation for immediate use, while the ample land allows for future expansion or development. Don't miss this chance to acquire a versatile and promising commercial property in a rapidly developing area. The property is priced to sell at $250,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.