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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.

Aerial with Separate Parcels

Summary of Parcels

Utility Map

Property Facts

Price	$5,900,000	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Apartment Units
No. Lots	1	Total Lot Size	7.53 AC
Property Type	Land

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

1 Lot Available

Lot

Price	$5,900,000	Lot Size	7.53 AC
Price Per AC	$783,533

Price	$5,900,000
Price Per AC	$783,533
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.

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 115-06-140R 115-06-140S 115-06-118B 115-06-140U	Improvements Assessment	$339,864
Land Assessment	$1,173,502	Total Assessment	$1,513,366

PROPERTY TAXES

Parcel Numbers

Multiple

115-06-140R
115-06-140S
115-06-118B
115-06-140U

Land Assessment

$1,173,502

Improvements Assessment

$339,864

Total Assessment

$1,513,366

zoning

Zoning Code	Business Regional (BR) (The Commercial Office District is generally intended to function as a medium-intensity district for office and medical uses)
Business Regional (BR) (The Commercial Office District is generally intended to function as a medium-intensity district for office and medical uses)