N Hwy 89A Fredonia Paper Lot - Mixed Use Development Opportunity

Highlights

• Nearly 119 Acre Paper Lot beings 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, Qu Pmts on P&I, Market Rate, Releases at 150% of AP)
• No Joint Ventures nor Seller Liability

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 commercial highway development with approximately 21.1 acres commercial frontage on Hwy 89A, and +/- 26.53 acres of Multi Density Housing. 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 So Utah/No Arizona region which is surrounded by Natl Parks, Forests, Recreation Areas & Monuments. Fredonia is the gateway to the North Rim of the Grand Canyon.

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.

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 commercial highway development with approximately 21.1 acres commercial frontage on Hwy 89A, and +/- 26.53 acres of Multi Density Housing. 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 So Utah/No Arizona region which is surrounded by Natl Parks, Forests, Recreation Areas & Monuments. Fredonia is the gateway to the North Rim of the Grand Canyon.

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.