For Sale
$505,000

2370 Us-60Miami, AZ 85539

1.01 Acres, C-2 Zoning, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 1.01-acre commercial land parcel is ideally situated on Route 60 in Miami, Arizona, offering significant development potential. Located in Gila County, near the bustling Walmart Supercenter and other key amenities including a high school and hospital, this property boasts approximately 300 feet of frontage on Route 60 and benefits from level topography. The C-2 zoning allows for a wide range of commercial uses, including retail sales, office buildings, hotels, and food and beverage establishments, both indoor and outdoor. City of Globe water and sewer services are readily accessible near the property line. The property's strategic location within a thriving community undergoing significant revitalization, including a $22 million senior housing project and the planned 58-acre Marigold Village development (offering over 700 housing units, a hotel, and event center), presents a compelling investment opportunity. The average household income within a 5-mile radius is $58,600, and Route 60 sees an estimated 18,600 vehicles per day (CoStar 2018 data). This property is situated in a Federal Opportunity Zone and a Non-Metro Difficult to Develop (DDA) area. Prospective buyers are responsible for verifying all utility locations and capacity levels during their due diligence. The asking price for this prime commercial land is $505,000. The property's APN is 206-05-002B.

Highlights

  • High-traffic location near a busy commercial area.
  • C-2 zoning allows diverse commercial uses including retail, office, hotel, and restaurants.
  • Strong demographics: Average household income within a 5-mile radius is $58,600.
  • High daily traffic count of 18,600 vehicles (CoStar 2018 data).
  • Located in a Federal Opportunity Zone and Non-Metro Difficult to Develop (DDA) area.
  • Community actively promoting tourism and diverse housing.

Property Details for 2370 Us-60

Property type
Land
Lot Size (sq. ft)
43,996 SF

Location Insight

City
Miami
County
Gila
State
Arizona
Latitude
33.414882938986
Longitude
-110.83279880559
2370 Us-60, Miami, Arizona

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2370 Us-60
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