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545 S Highway 92
Sierra Vista, AZ 85635
Prime Retirement Market · Land For Sale · 13.00 AC

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units - Senior
  • Planned Unit Development
Total Lot Size 13.00 AC
Zoning Multifamily, Gen. Comml

Description

Mixed use zoning, +600 LF frontage on busy Highway 92. ADOT permitted for signalized entrance and 4 way turn lanes. Flexible mix: 3 to 13 Ac. available for market rate senior living community or up to 10 Ac. available for walkable commercial. SLAM-DUNK SENIOR HOUSING LOCATION * Market rate senior housing in Sierra Vista is at +95% occupancy; local and only independent/assisted living community (200 doors) has a waiting list * Over the years, the many Fort Huachuca alumni, both regular and temporary duty have expressed a desire to retire in Sierra Vista, making it a desirable military retiree destination. * Less than 1 mile from new 100-bed regional hospital and medical office campus * Local need for CCRC including memory care that accommodates couples. * Local residents need a place for Mom & Dad. Next closest is 70 miles away in Tucson. * Busy year-round tourist population with many visitors returning upon retirement. * Senior multifamily opportunity creates built-in customer base for commercial. * Military retirees enjoy shopping at the Fort Huachuca PX; all others have access to modern grocery stores and big box retailers. COMMERCIAL OPPORTUNITY 1 BLK SOUTH OF MAIN & MAIN * Avg. 29,000+ vehicles per day. Site is the largest commercially zoned and pre-developed acreage in City. * Totally accessible in-and-out for a 1st to local market coffee drive-thru (We’re talking to you, Einstein Brothers, Dunkin' Donuts, Starbucks, Dutch Brothers!). Large enough market for TJ Maxx, Tuesday Morning, mid-market furniture. * Current 5-mile radius market of 130 National Tenants; recent national tenants include Jo-Ann, FedEx regional distribution center, Culvers, Tractor Supply, Cal Ranch, Native Wings. * 18K sq. ft. Sierra Cycles (motorcycles) showroom-lot under construction at SW corner of the Promenade. VIBRANT COMMERCIAL CENTER OF SE ARIZONA * Trade area pop. 210K+. 24K planned new homes in trade area. High weekend trade volume from northern Mexican shoppers/tourists. * The missions of Fort Huachuca are technology and cyber-security related. Slated for growth in upcoming Department of Defense increases. * Sierra Vista has the 11th highest average household income of AZ cities +15K pop. Cities Nos.1-10 higher are in the greater Phoenix market. * Closest "competing" commercial center is 70 miles away in Tucson. COMMUNITY * Located in a gorgeous high desert valley, surrounded by mountain views. Easily accessible to golf courses, fishing, hunting, winery tours, historic towns and villages, year-round bird and butterfly watching. * Average high temperature: 77.3F; Average Low Temperature: 49.6F. Average rainfall: 14.3 in.

  • Listing ID: 6947371

  • Date on Market: 4/26/2017

  • Last Updated:

  • Address: 545 S Highway 92, Sierra Vista, AZ 85635

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