215 Houston Mesa RdPayson, AZ 85541

Property Details for 215 Houston Mesa Rd

Lot size

12.39 AC

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 12.39-acre property in Payson, Arizona, presents a prime opportunity for residential development. The land boasts pre-platted entitlements for an 83-lot single-family residential subdivision, offering a mix of lot sizes: 60' x 100' and 35' x 100'. The planned development includes 13 detached single-family residential lots and 70 attached townhome-style units, resulting in a density of 6.7 dwelling units per acre. Located at 215 W Houston Mesa Rd, Payson, AZ 85541 (APN: 302-35-007A & 302-35-252), this R1-6 & R-3 zoned land offers significant potential. All utilities are either available on-site or in close proximity. The seller may provide a final plat as part of the closing process, streamlining the development timeline. Given the limited availability of new housing development opportunities in Payson, this presents a unique and attractive investment prospect. The asking price for this ready-to-develop land is $1,875,000. This is a remarkable chance to capitalize on the growing demand for housing in this desirable Arizona location. The property is owned by Zane Grey Investments III, LLC.

Location Insight

City

Payson

County

Gila

State

Arizona

Latitude

34.2671

Longitude

-111.325

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