22658 S State Route 89

Description:

22628 & 22632 S State Route 89 – Parcel 203-09-044A (0.77 acres) Two single-story ranch-style residential buildings:
1,004 SF , built in 1940
1,644 SF , built in 1944
Zoned residential with Yarnell Elementary SD #52 and Yarnell Fire District
Assessed LPV (2026): $149,056
2024 Taxes: $1,903
22658 S State Route 89 – Parcel 203-09-045A (1.3 acres) 1,025 SF duplex (1932)
2,084 SF motel structure (1967)
Mobile home park structure with recorded area
Mixed-use zoning
Assessed LPV (2026): $194,419
2024 Taxes: $3,317
22720 S State Route 89 – Parcel 203-09-055 (0.68 acres) Multiple improvements including:
Three apartments (built 1934 & 1955)
Restaurant (1,442 SF)
Duplex (513 SF)
Mobile Home Park designation
Assessed LPV (2026): $189,514
2024 Taxes: $2,908
Development Opportunity These properties collectively present a rare opportunity for redevelopment or value-add investment along the primary corridor of Yarnell. Current improvements include residential units, motel rooms, a restaurant space, and mobile home infrastructure—all of which can be renovated or reimagined.
Yarnell's Emerging Growth Potential Yarnell, located along State Route 89 between Phoenix and Prescott, is positioned for potential growth due to renewed economic interest in the area:
A nearby gold mine —reportedly under ownership by a cryptocurrency company backed by physical gold —has sparked interest in the region as a hub for resource-backed digital finance and resource-based economic revitalization .
This alternative finance model could bring investor attention, workforce housing demand, and retail services to support a growing local economy.
As Yarnell transitions from a quiet mountain town to a strategic waypoint between Arizona’s economic corridors, these parcels are well-positioned for developers, hospitality investors, or housing operators seeking foothold in an appreciating market.