This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
2370 U.S. 60 - 1.01 Acres
1.01 Acres of Commercial Land Offered at $505,000 in Miami, AZ 85539
Investment Highlights
- Near Busy Commercial Area
- Avg HH income $58.6k within 5 mile radius.
- Located within a Federal Opportunity Zone and Non-Metro Difficult to Develop (DDA).
- C-2 Intermediate Commercial District permits Drug Store, Retail, Office, Hotel, Food & Beverage, etc
- 18.6k Vehicles/Day (CoStar 2018)
- Community Focus on Increasing Tourism and Diversity of Housing Options.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per AC |
---|---|---|
Taxes | $99,999 | $9.99 |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Taxes | |
---|---|
Annual | $99,999 |
Annual Per AC | $9.99 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per AC | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per AC | $9.99 |
Property Facts
Price | $505,000 | Proposed Use | |
Sale Type | Investment | Total Lot Size | 1.01 AC |
No. Lots | 1 | Cross Streets | Ragus Rd |
Property Type | Land | Opportunity Zone |
Yes
|
Property Subtype | Commercial |
Price | $505,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use | |
Total Lot Size | 1.01 AC |
Cross Streets | Ragus Rd |
Opportunity Zone |
Yes |
1 Lot Available
Lot
Price | $505,000 | Lot Size | 1.01 AC |
Price Per AC | $500,000 |
Price | $505,000 |
Price Per AC | $500,000 |
Lot Size | 1.01 AC |
Description
Marcus & Millichap is pleased to exclusively present for sale +/- 1.01 acres of vacant commercially zoned land (C-2 Intermediate Commercial District) on Route 60 in Globe, Arizona. With an estimated 2020 population of 7.3k, Globe is county seat for Gila County, which has an estimated 2023 population of 54k. Globe is located about 90 minutes east of the Phoenix metro area and 2 hours and 15 minutes northeast from Tucson. The subject property is located near the Walmart Supercenter, which is one of the busiest commercial areas in the city. The property is also just north of the high school, hospital and speciality medical offices. C-2 zoning is intended to permit most types of commercial activities oriented to a larger segment of population than the average neighborhood zoning and includes the sale of commodities or performance of services. Permitted uses include retail sales, office building, hotel and establishments serving food and beverages, indoor or out-of-doors. The downtown area is experiencing $22M revitalization of a 64 unit senior housing project, which will be completed in late 2024. The City Council recently approved the 58 acre Marigold Village project. When completed it will offer over 700 different opportunities for housing from mid rise to condominiums to residential townhomes as well as a hotel and event center. The property has +/- 300 ft of frontage on Rt 60 and level topography. City of Globe water and sewer services are located near the property line. Buyer to verify all utility locations and capacity levels during due diligence period.
PROPERTY TAXES
Parcel Number | 206-05-002B | Total Assessment | $3,015 (2024) |
Land Assessment | $1,950 (2024) | Annual Taxes | ($1) |
Improvements Assessment | $1,065 (2024) | Tax Year | 2023 |
PROPERTY TAXES
zoning
Zoning Code | C-2 (C-2 Intermediate Commercial District permits Drug Store, Retail, Office, Hotel, Food & Beverage, etc.) |
C-2 (C-2 Intermediate Commercial District permits Drug Store, Retail, Office, Hotel, Food & Beverage, etc.) |
Learn More About Investing in Land
Presented by
2370 U.S. 60 - 1.01 Acres
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.