Investment Overview

Marcus & Millichap is pleased to exclusively present for sale ± 35.50 vacant acres located on N. Park Drive, Winslow, Arizona. The City of Winslow is located on the northwest edge of Navajo County and ± 58 miles east of the City of Flagstaff, Arizona. The subject property is ± ¼ mile north of the Interstate 40 full diamond exchange at mile marker 252. The site is also minutes from Downtown Winslow and Historic Route 66. The site is zoned PAD (Planned Area Development) by the City of Winslow and located within a federally designated Non-Metro Difficult to Develop Area (DDA). Under the approved PAD, a wide variety of commercial and residential uses are permitted. The owner has a preliminary site plan available for the phased development of an RV park with commercial development on N. Park Drive at the entrance of the park. The site plan also includes proposed multifamily housing in the northeastern portion of the site. The property may be accessed from N. Park Drive and North Drive allowing for a smooth ingress and egress to the site. The property is walking distance from Wal-Mart, sit down and QSR restaurants, retailers and C-store/fueling stations. The site was formerly a golf course, so the topography is flat to rolling with high desert vegetation. The owner has a grading plan approved by the City of Winslow and is ready to pull permits. It is anticipated the grading plan would have “net zero” impact – no soil added or soil removed from site. ± 10 acres of the east side of the site is currently situated within a floodway and cannot be developed at the present time. The City of Winslow is currently in the process of recertifying a levy, which is anticipated to remove this portion of the site from the floodway. In the interim, this area may be applied towards density calculations on the balance of the 35.50 acre site. The property is irregularly shaped and has access to City of Winslow water line in N. Park Drive and sewer line is in North Road. Buyer to verify all utility access and treatment plant capacity matters as well as potential floodplain issues and mitigation efforts during the due diligence period.