Prime High-Density Residential Development Opportunity

Highlights:

• Total Land Area: .58 acres across three separate parcels
• Collective improvements totaling approximately 6,327 SF (vacant; distressed condition)
• Zoning: High-density residential
• Utilities: All city services available including water, sewer, electricity, and high-speed internet
• Topography: Level site with mature shade trees throughout
• Frontage: Wide, street-facing lots with direct rear access
• Walkable to downtown entertainment and business centers
• Minutes from major transit arteries, including the Lone Tree Overpass under construction
• Blocks from Northern Arizona University
• Strong market growth in southside historic district
• Attractive rental rates and low vacancy statistics

Description:

Nestled in the heart of Flagstaff's storied southside district, this rare offering comprises three improved contiguous parcels totaling .58 acres, each zoned for high-density residential for conjoined development. This is a once-in-a-generation opportunity to shape the future of a vibrant, established neighborhood known for its architectural charm, community spirit, and proximity to urban amenities. With the emphasis of value on the land not the existing improvements, this property is primed and penciling for a multitude of residential projects—whether you’re envisioning modern townhomes, luxury apartments, an innovative multi-family complex, or simply a repurpose and redesign of the existing structures. The generous footprint allows for creative site planning and maximizes density, one that could preserve the community feel or modernize into a new era. Whether you’re a seasoned developer, a strategic investor, or someone with a vision to create housing that honors the area’s history while embracing its dynamic future, this property delivers the flexibility and promise you need by adding an income-generating asset with flexibility of design. As a childhood home for the Sellers, above all this property provides a welcoming sense of continuity and an opportunity to write the next chapter of joyous memories.


Discover this quintessential Flagstaff residential neighborhood, ripe for re-development. Situated in the heart of Flagstaff, this area offers a rare, buildable high-density footprint. With Northern Arizona University campus just a few blocks away, this prime location is also minutes away from downtown Flagstaff, boasting a thriving arts and culture scene, diverse dining options, and outdoor recreational adventures. With its blend of natural beauty and urban amenities, the area presents an exciting opportunity for developers and investors seeking a foothold in this historic neighborhood.

City, APS, Unisource

High-Density Residential and Single-Family historic neighborhood.

APS

Unisource