For Sale
$6,500,000

41901 Old Mine RdCave Creek, AZ 85331

6.19 Acres, 24 Parcels, C-2 Zoning

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional 6.19-acre property in Cave Creek, Arizona, presents a unique investment opportunity. Comprising 24 parcels zoned C-2 (Commercial/Mixed Use), this assemblage is ideally situated at the intersection of Cave Creek Road and Tonto Hills, offering unparalleled development potential. The site's location at the gateway to the Tonto National Forest ensures high visibility and accessibility, attracting both local residents and tourists. The approved zoning allows for a diverse range of uses, including a "Main Street" style development featuring a general store, gas station, garage condos, retail and restaurant spaces, residential condos with rooftop decks, and even a pickleball facility. This is the last available commercial/mixed-use land before entering the National Forest, providing a rare chance to create a distinctive destination. The property is part of a domestic water improvement district (DWID) and receives water through a private water company. While the community utilizes septic systems, sewer infrastructure is readily accessible across the street, requiring only necessary approvals from Maricopa County and the City of Scottsdale. Surrounded by affluent communities like Desert Mountain, Mirabel, and Carefree, this development promises significant returns. The asking price is $6,500,000. The property's APN is 219-12-231-A.

Highlights

  • $6,500,000 asking price for a 6.19-acre mixed-use property.
  • 24 parcels zoned C-2 (Commercial/Mixed Use).
  • Development potential includes a "Main Street" experience with retail, restaurants, residential condos, and a pickleball facility.
  • Last available commercial/mixed-use site before the Tonto National Forest.

Property Details for 41901 Old Mine Rd

Property type
Retail properties, Restaurants
Units
24

Location Insight

City
Cave Creek
County
Maricopa
State
Arizona
Latitude
33.8661503
Longitude
-111.8283781
41901 Old Mine Rd, Cave Creek, Arizona

FAQs

What type of property is this?
Retail property - 6.19 Acres, 24 Parcels, C-2 Zoning
Where is the retail property located?
The property is located at 41901 Old Mine Rd Cave Creek, AZ.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: $6,500,000 asking price for a 6.19-acre mixed-use property.; 24 parcels zoned C-2 (Commercial/Mixed Use).; Development potential includes a "Main Street" experience with retail, restaurants, residential condos, and a pickleball facility.
How can I contact the broker?
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41901 Old Mine Rd
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