4695 Boulder Crk RdCamp Verde, AZ 86322

Property Details for 4695 Boulder Crk Rd

Lot size

26.28 AC

Property type

Land

Description

This exceptional 26.28-acre parcel in Camp Verde, Arizona, presents a remarkable multifamily development opportunity. Zoned C-3 and PAD, this land is part of the larger 186-acre High View at Boulder Creek Planned Area Development (PAD), offering a flexible mix of residential and commercial uses. The property is situated within an Opportunity Zone, providing significant tax advantages. A proposed 474-unit apartment complex is envisioned for this site. Utilities, including electricity, water, and telephone, are stubbed to the property. While municipal sewer is unavailable, a commercial septic system is feasible. The development benefits from proposed infrastructure improvements, including spine roads and utilities, slated for completion in 2025. This land is available for purchase at $4,740,000, representing approximately $180,200 per acre. The property's location in Arizona's Verde Valley, known for its wine country and limited land supply, further enhances its investment potential. The APN is 403-15-003Y and 403-15-003Z. The property is owned by Boulder Creek Camp Verde LLC. This is an ideal opportunity for developers seeking a prime location for a large-scale multifamily project in a rapidly growing area. The adjacent Boulder Creek RV Storage facility, completed in May 2023, demonstrates the area's viability.

Location Insight

City

Camp Verde

County

Yavapai

State

Arizona

Latitude

34.6257

Longitude

-111.935

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