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1501 W Iron Springs Rd - Premier Land Offering - Ready For Development 7.53 Acres of Commercial Land Offered at $5,900,000 in Prescott, AZ 86305

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INVESTMENT HIGHLIGHTS

  • 7.53 Acres of Business Regional Zoned Land Ready for Development
  • 1,000 Feet of Frontage on Major Arerial with Signalized Entrance
  • Multiple Uses Available, Apartments, Medical/Office, Retail, Senior Housings
  • Premier Signalized Corner Commercial Land For Sale
  • All Utilites Stubbed, Roads/Curb/Gutters Completed, Soils Compacted
  • Owner May Carry of JV

EXECUTIVE SUMMARY

Premier Signalized Corner Commercial Land ready for development located just North of the Village at the Boulders Regional shopping center along Iron Springs Road. There are 18 separate parcels totaling 7.53 Acres offered at $5,900,000 or $17.99 per sf. Featuring over 1,000 feet of street frontage along Iron Springs Road and signalized access via Meadowridge Road. Both Kile St. and Fisher Dr. are private roads that may be abandoned for development. Business Regional Zoning (BR) allows for most commercial uses including Apartments, Medical, Office, Assisted Living, Independent Living, Memory Care, Skilled Nursing, Hospice Care and other retail uses. All utilities available to property line. Established ingress & egress throughout the site. Fully engineered and compacted soils (report available). Topography is mostly flat and gently sloping to the west. There are several tenants & structures located on the west portion of this property that are on month-to-month leases. Some use restrictions apply. Please call listing agent for further information. Owner may JV or carry with approved financials and credit.

PROPERTY FACTS

Price $5,900,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Apartment Units
Total Lot Size 7.53 AC
No. Stories 1
Zoning Business Regional (BR) - The Commercial Office District is generally intended to function as a medium-intensity district for office and medical uses

1 LOT AVAILABLE

Lot

Price $5,900,000
Price Per AC $783,532.54
Lot Size 7.53 AC

There are 18 separate parcels totaling 7.53 Acres offered at $5,900,000 or $17.99 per sf. Featuring over 1,000 feet of street frontage along Iron Springs Road and signalized access via Meadowridge Road. Both Kile St. and Fisher Dr. are private roads

DESCRIPTION

All 18 Parcels that make up the 7.53 acres are as follows: 115-06-140R: 115-06-009; 115-06-119; 115-06118A: 115-06-140S; 115-06-118B; 115-06-140U; 115-06-078; 115-06-011; 115-06-078A; 115-06-078C; 115-06-078B; 115-06-077A; 115-06-077B; 115-06-076A; 115-06-076b; 115-06-076C; 115-06-076.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 115-06-140R
  • 115-06-140S
  • 115-06-118B
Land Assessment
$1,101,007
Improvements Assessment
$0
Total Assessment
$1,101,007
  • Listing ID: 23606734

  • Date on Market: 7/6/2021

  • Last Updated:

  • Address: 1501 W Iron Springs Rd, Prescott, AZ 86305

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