2370 U.S. 60 - Commercial LAND FOR SALE


Miami, AZ 85539 43,996 SF
$505,000 USD
602-687-6777
2370 U.S. 60, Miami, AZ for Sale
$505,000 USD
Commercial LAND - FOR SALE
1/2
43,996 SF

2370 U.S. 60
Miami, AZ 85539


HIGHLIGHTS

  • Near Busy Commercial Area
  • C-2 Intermediate Commercial District permits Drug Store, Retail, Office, Hotel, Food & Beverage, etc
  • Avg HH income $58.6k within 5 mile radius.
  • 18.6k Vehicles/Day (CoStar 2018)
  • Located within a Federal Opportunity Zone and Non-Metro Difficult to Develop (DDA).
  • Community Focus on Increasing Tourism and Diversity of Housing Options.

OVERVIEW

Marcus & Millichap is pleased to exclusively present for sale +/- 1.01 acres of vacant commercially zoned land (C-2 Intermediate Commercial District) on Route 60 in Globe, Arizona. With an estimated 2020 population of 7.3k, Globe is county seat for Gila County, which has an estimated 2023 population of 54k. Globe is located about 90 minutes east of the Phoenix metro area and 2 hours and 15 minutes northeast from Tucson. The subject property is located near the Walmart Supercenter, which is one of the busiest commercial areas in the city. The property is also just north of the high school, hospital and speciality medical offices. C-2 zoning is intended to permit most types of commercial activities oriented to a larger segment of population than the average neighborhood zoning and includes the sale of commodities or performance of services. Permitted uses include retail sales, office building, hotel and establishments serving food and beverages, indoor or out-of-doors. The downtown area is experiencing $22M revitalization of a 64 unit senior housing project, which will be completed in late 2024. The City Council recently approved the 58 acre Marigold Village project. When completed it will offer over 700 different opportunities for housing from mid rise to condominiums to residential townhomes as well as a hotel and event center. The property has +/- 300 ft of frontage on Rt 60 and level topography. City of Globe water and sewer services are located near the property line. Buyer to verify all utility locations and capacity levels during due diligence period.

FOR SALE DETAILS

PRICE

$505,000 USD

PRICE/ACRE

$499,995/AC

PRICE/SF

$11 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

1.01 Acres

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Bar, Car Wash, Day Care Center, Drug Store, Fast Food, General Freestanding, Hold for Development, Hold for Investment, Hotel, Medical, Neighborhood Center, Restaurant

LAND ACRES

1.01 AC

LAND SF

43,996 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Cable, Telephone

ZONING

C-2

APN/PARCEL ID

206-05-002B

ASK ABOUT THIS PROPERTY

Art RulloMarcus & MillichapMore Info
602-687-6777

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Art RulloMarcus & MillichapMore Info
602-687-6777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.