Investment Overview

Marcus & Millichap is pleased to exclusively present for sale 1.80 acres of vacant prime in fill C-1 zoned land (Light Commercial) in the heart of Cottonwood, Arizona and minutes from the Historic Old Town Cottonwood area. Cottonwood is located in the heart of the Verde Valley, which include the communities of Camp Verde, Cornville, Jerome, Sedona, Village of Oak Creek, Lake Montezuma, Rimrock and the Yavapai Apache Nation. All of these communities are within about 20 minutes of Cottonwood and can be easily accessed via a good multilane highway system. Cottonwood is located about 75 minutes north of Phoenix and 60 minutes south of Flagstaff. Cottonwood is emerging as a tourist destination due to its proximity to Sedona, Village of Oak Creek, Jerome, Verde River and Verde Railroad. The area offers an abundance of hiking trails with world class views of the red rocks, art galleries, fine dining restaurants, vineyards/tasting rooms, casino, golf, Verde River rafting and outstanding hospitality facilities. This property has ± 98 feet of frontage on S Main Street (AZ State Rt 89A) and ± 200 feet of frontage on E Villa Drive. The property is comprised of 2 parcels with the smaller parcel fronting on S Main St and irregularly shaped. The larger parcel fronts on E Villa Dr approximates a rectangle shape that is ± 345 ft deep. Both parcels have level topo. Buyer to verify the exact location and size of water and sewer line utilities and related system treatment capacity for buyer’s proposed development during due diligence. Additionally, the buyer should evaluate ingress/egress options to S Main Street (State Rt 89A) directly with the Arizona Department of Transportation during due diligence.