940 12th Pl Prescott, AZ 86305

This exceptional 0.18-acre commercial land parcel presents a unique development opportunity in Prescott, Arizona. Located at 940 12th Place, this property boasts frontage on 12th Place and exposure on Gail Gardner, offering excellent visibility. The lot is surrounded by a mix of multi-family and commercial properties, indicating a thriving and established neighborhood. City utilities are conveniently located nearby, simplifying development plans. This is the last remaining parcel on 12th Place, making it a highly sought-after location. The property is zoned BG (Business General), allowing for a variety of uses, including small to mid-sized businesses, offices, service uses, single-family residences (SFR), or mixed-use developments. The BG zoning provides specific standards for development, ensuring a cohesive and attractive business environment. The parcel's size is suitable for a triplex, a commercial building, or a mixed-use project. Its proximity to Dignity Health West Campus and other medical facilities further enhances its appeal and potential for high returns. The Assessor's Parcel Number (APN) is 115-05-030. The asking price is $99,000, with a land value of $14.66 per square foot. This offering is ideal for a 1031 exchange. Interested parties should review the City of Prescott Land Development Code for specific permitted uses.