N Wintersburg Rd
Tonopah, AZ 85354
Land For Sale · 78.64 AC

PRIME LOCATION!! **Large corner lot just 1000' North of the Interstate 10 Wintersburg Road exit with 1327' of frontage on Wintersburg Road and 2595' of frontage on Osborn Road. **That's 1/4 mile of paved frontage on Wintersburg Road which is PLANNED TO BECOME A 6 LANE PARKWAY. Located across from local schools which generate twice daily to-and-from traffic. **3 miles to BELMONT where Bill Gates invested $80 million to launch city of the future development with an estimated 160,000 new residents. **2 miles from the proposed intersection of NEW INTERSTATE 11 and I-10 at 363rd Ave. **Maricopa Association of Governments indicate this parcel to be FUTURE COMMERCIAL. Current R-43 zoning and lower residential tax rate make the land more affordable to hold while the excellent location and commercial potential make it a stand out for future appreciation and return on investment. If you are considering properties in the Tonopah area, please ask yourself these questions: -How long do you want to wait for a return on your investment and how likely is the land to appreciate in value quickly? -How long is the drive from the interstate to the property? -How good is the access to the property? -Is the access Paved? If not, how long until it is likely to be paved? -Can the land be accessed from more than one side? More than one road? Is it a corner lot? -Can others see the land? Does it have paved frontage on an arterial road? -Does the land have potential for more than one use? -How difficult would it be to rezone the land? -What might the land be worth it were rezoned? NOW IS THE TIME TO BUY!! **Prices and sales volume in the Tonopah area are rising quickly but are still less than half of their pre-recession 2006 levels. -Searching the area within 5 miles East and West of the subject shows over $56 million in recorded sales of parcels 10ac or larger for 2006. This includes 26 transactions with over 1500 acres changing hands. The *average transaction was over $2 million and the *average price per acre was over $36,000, with more desirable parcels selling for much more. This shows the potential of the Tonopah area and what happens to prices and demand when conditions are right and development is headed West from the Phoenix area. *Keep in mind that this was before Bill Gates/Infraco invested $80 million in 2017 toward developing the new smart city of Belmont, or the proposed location of an all new North/South interstate just a couple miles away. -Look at the increase in 10ac+ parcel sales between 2017 and 2018 in the same area: In 2017, a little over $4 million was spent on 11 transactions with over $12 million spent on 21 transactions in 2018. That's twice as many transactions and three times the amount invested in the same area as the year before! Land adjacent to the subject showed the desirability of this location with parcel sales recording at over $15,000/ac in 2018. This is a great time to buy! PLEASE SEE ALL ATTACHED PHOTOS AND INFO. All distances, dimensions, and measurements are approximate. Information believed to be accurate but not guaranteed. Buyer to verify all information. Listing agent has an ownership interest in subject property.