118.64 Acres Lot
118.64 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6677403
HOA Y/N No
Originating Board Arizona Regional Multiple Listing Service (ARMLS)
Annual Tax Amount $1,758
Tax Year 2023
Lot Size 118.640 Acres
Acres 118.64
Lot Dimensions IRREGULAR
Property Description
With utilities to the property, this dual parcel investment property of nearly 119 acres is ready for development. The eastern Parcel #60104025B is recorded as 70.69 acres. Views of Vermillion Cliffs & the Kaibab National Forest are beautiful from this area. AZ Trust Lands form the boundary to the east. Western Parcel #60104024J is recorded as 47.64 acres & has a combination split to accommodate 21.11 acres commercial highway development with approximately 1,543.38 ft of commercial frontage on Hwy 89A, and +/- 26.53 acres of Multi Density Housing.
This property was originally approved by the Town of Fredonia as 3 tiered planned development to have a commercial center with shopping center, offices, fast food and storage units... see Supplement Remarks Property Description
With utilities to the property, this dual parcel investment property of nearly 119 acres is ready for development. The eastern Parcel #60104025B is recorded as 70.69 acres. Views of Vermillion Cliffs & the Kaibab National Forest are beautiful from this area. AZ Trust Lands form the boundary to the east. Western Parcel #60104024J is recorded as 47.64 acres & has a combination split to accommodate 21.11 acres commercial highway development with approximately 1,543.38 ft of commercial frontage on Hwy 89A, and +/- 26.53 acres of Multi Density Housing.
This property was originally approved by the Town of Fredonia as 3 tiered planned development to have a commercial center with shopping center, offices, fast food and storage units. The multi-housing section was nicely designed between the commercial area and the single family neighborhood. Flood control was also designed into the engineering plan.
Location Description
With housing shortages & the demand to relocate to one of the most beautiful areas in the world, this property is prime for its potential to add housing options to the Southern Utah/Northern Arizona region, which is surrounded by National Parks, Forests, Recreation Areas & Monuments. Fredonia is the gateway to the North Rim of the Grand Canyon.
Highlights
- Nearly 119 Acre Paper Lot being Sold for Development
- Mixed Use Development of Strip Mall, Self Storage, Multifamily, and Single Family Homes
- Two Parcels being sold together (601-040-24J & 601-040-25B)
- Buyer receives all hard copy approvals and documents
- Can be sold on Contract (min 50% dn, 10yr Amort on Bal, 5yr Balloon, Quarterly Pmts on P&I, Market Rate, Releases at 150% of Acreage Price)
- No Joint Ventures nor Seller Liability
Location
State AZ
County Coconino
Zoning Coconino Cnty G
Direction On E side of US Hwy 89A in Fredonia, AZ, S of Curly Horse Ln, and N of Lost Spring Wash.
Exterior
Fence Wood, Wire
Waterfront No
Topography Existing Wash(s), Level
Building
Lot Description East/West Exposure, Mountain View(s), North/South Exp, Adjacent to Wash, Borders Pres/Pub Lnd
Sewer Sewer - Available, Public Sewer
Water City Franchise, Check Availability
Schools
School District Fredonia-Moccasin Unified District
Others
Senior Community No
Tax ID 601-04-024-J
Acceptable Financing Seller May Carry, Conventional
Horse Property Y
Listing Terms Seller May Carry, Conventional
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