Fredonia, AZ 86022,89 N US Hwy -- #-
Fredonia, AZ 86022,89 N US Hwy -- #-
Fredonia, AZ 86022,89 N US Hwy -- #-
Fredonia, AZ 86022,89 N US Hwy -- #-
Fredonia, AZ 86022,89 N US Hwy -- #-
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$ 950,000
Est. payment | /mo

118.64 Acres Lot


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$ 950,000
Est. payment | /mo
Save

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

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

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

New Construction No

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

Arizona Regional MLS (ARMLS)
Listed by eXp Realty

GET MORE INFORMATION

Larry Feiner

Partner | Lic# SA520943000

+1(623) 332-6364

17215 N. 72nd Drive, Building B Suite 115, Glendale, AZ, 85308

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89 N US Hwy -- #-