3901 Arizona 260 - High View at Boulder Creek Apartment PADs
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3901 Arizona 260 - High View at Boulder Creek Apartment PADs
26.28 Acres of Residential Land Offered at $4,740,000 in Camp Verde, AZ 86322
Investment Highlights
- Opportunity Zone
- Utilities stubbed interior spine roads (electricity, water, and telephone)
- Residential, Commercial, or Employment
- PAD Zoning Overlay
- Located in Arizona’s northern wine country, the Verde Valley with a dwindling private land supply
Executive Summary
474 Unit Proposed Apartment PADs totaling ±26.28 acres priced at $180,200/Acre. High View at Boulder Creek is a 186-acre Planned Area Development (PAD) allowing a flexible mix of residential and commercial uses, all within the tax-advantaged “Opportunity Zone”. Boulder Creek RV Storage facility, situated on 12.39 acres, was completed in May 2023 and in lease-up. The available portions range in size from 9.77 to 31.6 acres of vacant land, totaling 112.77 acres contiguous, except for the portions that are separated by spine roads upon completion.
The development of spine roads and utility infrastructure is proposed to be completed in 2025, including wet & dry utilities, Aultman Parkway, and Boulder Creek Road. The Seller has stubbed utilities to the individual primary parcels within the development, including electricity, water, and telephone. Municipal sewer is not available in the vicinity and instead, a commercial septic system is required for any proposed development that requires a sewer/wastewater solution.
The development of spine roads and utility infrastructure is proposed to be completed in 2025, including wet & dry utilities, Aultman Parkway, and Boulder Creek Road. The Seller has stubbed utilities to the individual primary parcels within the development, including electricity, water, and telephone. Municipal sewer is not available in the vicinity and instead, a commercial septic system is required for any proposed development that requires a sewer/wastewater solution.
Property Facts
| Price | $4,740,000 | Property Subtype | Residential |
| Sale Type | Investment | Total Lot Size | 26.28 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land |
| Price | $4,740,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 26.28 AC |
| Opportunity Zone |
Yes |
1 Lot Available
Lot
| Price | $4,740,000 | Lot Size | 26.28 AC |
| Price Per AC | $180,365 |
| Price | $4,740,000 |
| Price Per AC | $180,365 |
| Lot Size | 26.28 AC |
474 Unit Proposed Apartment PADs totaling ±26.28 acres priced at $180,200/Acre. The Seller has stubbed utilities to the individual primary parcels within the development, including electricity, water, and telephone.
zoning
| Zoning Code | C-2, C-3, & M-1 with PAD (Commercial, Mixed Use, and Planned Area Development) |
| C-2, C-3, & M-1 with PAD (Commercial, Mixed Use, and Planned Area Development) |
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3901 Arizona 260 - High View at Boulder Creek Apartment PADs
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