• Asking Price $1,900,000
  • 89a N US Hwy -- Fredonia, AZ 86022

  • Vacant Land / Resale (MLS)

Property Details for 89a N US Hwy --, Fredonia, AZ 86022

Facts

  • Property ID: 878059170
  • MLS Number: 6677403
  • Property Type: Vacant Land
  • County: COCONINO
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Property DescriptionnnWith 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.nnThis 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 DescriptionnnWith 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.nnThis 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.ncommit;nnLocation DescriptionnnWith 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.nnHighlightsnn- Nearly 119 Acre Paper Lot being Sold for Developmentn- Mixed Use Development of Strip Mall, Self Storage, Multifamily, and Single Family Homesn- Two Parcels being sold together (601-040-24J & 601-040-25B)n- Buyer receives all hard copy approvals and documentsn- 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)n- No Joint Ventures nor Seller Liability

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Property Brokerage: eXp Realty, LLC 6991 E Camelback Rd, Suite D-300 Scottsdale AZ 85251
Copyright © 2024 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.