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1214 Main St - Cottonwood High Density Residential Acreage 17.8 Acres of Residential Land Offered at $3,875,000 in Cottonwood, AZ 86326

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EXECUTIVE SUMMARY

Prime R-3 zoned land located within the Cottonwood municipal boundary, northwest of Old Town. One of the few larger tracts left amongst the expanding subdivisions. For multifamily investors/developers, this location provides a promising blend of lifestyle amenities and in a burgeoning locale.

PROPERTY FACTS

Price	$3,875,000	Property Subtype	Residential
Sale Type	Investment	Proposed Use	Commercial Mixed Use Multifamily Apartment Units Apartment Units - Condo Planned Unit Development Single Family Development
No. Lots	1	Total Lot Size	17.80 AC
Property Type	Land	Cross Streets	Groseta Ranch Rd
Zoning	R-3 - This district is intended to fulfill the need for high density multiple-family residential development.

Price	$3,875,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Residential
Proposed Use	Commercial Mixed Use Multifamily Apartment Units Apartment Units - Condo Planned Unit Development Single Family Development
Total Lot Size	17.80 AC
Cross Streets	Groseta Ranch Rd
Zoning	R-3 - This district is intended to fulfill the need for high density multiple-family residential development.

1 LOT AVAILABLE

Lot

Price	$3,875,000	Lot Size	17.80 AC
Price Per AC	$217,696.63

Price	$3,875,000
Price Per AC	$217,696.63
Lot Size	17.80 AC

Available in whole or part.

DESCRIPTION

Perfect for prospective multifamily investors, this prime property is strategically zoned R-3, presenting a lucrative opportunity for development in the bustling Cottonwood area. Boasting a coveted location just outside of the heart of Cottonwood, this site offers unparalleled potential for the construction of a residential development. With the R-3 zoning, this property provides the ideal canvas for capitalizing on the growing demand for multifamily housing in this vibrant community. Whether envisioning a modern apartment complex or an exclusive residential community, the zoning and location of this property offer an exceptional foundation for a successful investment in the thriving Cottonwood market.

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