MLS# 6677403 – 89a N Us Hwy –, Fredonia, AZ 86022

Price: $1,900,000
Lot Size Acres: 118.64
Lot Size SqFt: 5,167,958
Status: Active
Property Type: Other
Days on Website: 188

Courtesy of eXp Realty

Property Description

Property Description With 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. This 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 Description With 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. This 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. Location Description With 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. Highlights – Nearly 119 Acre Paper Lot being Sold for Development – Mixed Use Development of Strip Mall, Self Storage, Multifamily, and Single Family Homes – Two Parcels being sold together (601-040-24J & 601-040-25B) – Buyer receives all hard copy approvals and documents – 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) – No Joint Ventures nor Seller Liability

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Property Details and Features

  • Building
  • Other structures: “None”
  • Fence
  • “Wood”
  • “Wire”
  • Listing
  • Listing ID: 6677403
  • Standard status: Active
  • 164 days on market
  • Lot
  • 118.64 acres
  • 5,167,958 sqft
  • “East/West Exposure”
  • “Mountain View(s)”
  • “North/South Exp”
  • “Adjacent to Wash”
  • “Borders Pres/Pub Lnd”
  • Property
  • Zoning: Coconino Cnty G
  • Schools
  • High school district: Fredonia-Moccasin Unified District
  • Sewer
  • “Sewer – Available”
  • “Public Sewer”
  • Taxes
  • Annual amount: $1,758
  • Lot: –
  • Utilities
  • “City Electric”

Property Map

$1,900,000 – 89a N Us Hwy –, Fredonia, AZ 86022

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This content last updated on September 19, 2024 1:20PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.