Congress 1031 Exchange Properties For Sale

More details for Senator Highway, Prescott, AZ - Land for Sale

221 Acres on Mt. Tritle - Senator Highway

Prescott, AZ 86303

1031 Exchange Property
Land for Sale
$4,724,368 CAD
221.11 AC Lot

Prescott Land for Sale

The Senator mine is an inactive gold mine located in the picturesque hilly and wooded area along Senator Highway reached by traveling about 10 miles south from Prescott. It was first opened around 1871 and was primarily operated between 1883 and 1899. Although it was initially opened for the mining of gold, it also produced significant amounts of lead, zinc, copper and silver. A mining town was established adjacent to the mine along the Hassayampa River to support the mining effort including a saloon, a store, and a boarding house. During the 1890's, Phelps Dodge purchased the mine, and the settlement became a small town. This listing is for the 221 acres surrounding the mine. There are several potential next chapters for the property including a public park, a wildlife preserve, an an educational institution research site, a religious summer camp, a corporate retreat, a nature preserve or any other number of public sector uses. The property can be held privately as a ranch, a family retreat, or just land banked for a future use. The property is zoned RCU-2A and can be developed into a single-family residential subdivision with lots of at least two acres in size. The sale includes the mining claims which will be conveyed with the land. Currently this location is popular with hikers and mountain bikers and a citizens group or non-profit could opt to purchase and preserve this gorgeous property!

Contact:

Arizona Commercial

Property Subtype:

Residential

Date on Market:

2024-06-09

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1031 Exchange Property for Sale within 50 kilometers of Congress, AZ, USA

Prescott Land for Sale

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1031 Exchange Properties For Sale

1031 Exchange Properties