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718 N Main St - Main Street 9.17 Acres of Commercial Land in Cottonwood, AZ 86326
Investment Highlights
- The Bungalows on Main offering includes an approved plan for 48 one-story rental units.
- The property is ideally located within walking distance of historic Old Town Cottonwood, The Verde River, and Riverfront Park.
- Building permits have been issued, however due to the length of time since approval, the approvals and permits are set to expire in July, 2026.
- Sedona is only a short 20-minute drive away from the property.
Executive Summary
The Bungalows on Main offering includes an approved plan for 48 one-story rental units. The duplex units offer both one and two bedrooms. Building permits have been issued, however due to the length of time since approval, the approvals and permits are set to expire in July, 2026.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Multifamily |
| Property Type | Land | Total Lot Size | 9.17 AC |
| Zoning | CR - CR (Commercial-Residential) | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 9.17 AC |
| Zoning | CR - CR (Commercial-Residential) |
1 Lot Available
Lot
| Lot Size | 9.17 AC |
| Lot Size | 9.17 AC |
Property is approved for 48 one-story rental units.
Description
The property is ideally located within walking distance of the shops and dining in historic Old Town Cottonwood, as well as the Verde River and Riverfront Park, Cottonwood's largest park featuring a softball complex, playground, disc golf course, dog park, skate park, and an inline hockey rink. Dead Horse Ranch State Park is just over a mile to the north while Sedona, world-renowned for its spectacular red rock buttes, exquisite dining, spas and art galleries, is a short 20-minute drive.
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 406-42-014 | Improvements Assessment | $0 CAD |
| Land Assessment | $454,292 CAD | Total Assessment | $454,292 CAD |
Property Taxes
Parcel Number
406-42-014
Land Assessment
$454,292 CAD
Improvements Assessment
$0 CAD
Total Assessment
$454,292 CAD
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Land Advisors Corporation
718 N Main St - Main Street
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