$349,000
Tonto Basin, AZ 85553
MLS# 92998
1 / 22
Property Description
EXCEPTIONAL 3.6-ACRE INVESTMENT OPPORTUNITY near booming Roosevelt Lake Recreation Area. Three adjacent parcels assembled for maximum versatility. Main structure: 2200 sq ft partially finished building with shade canopies on both sides, ready for office, retail, residential or mixed-use build-out. Multiple electric meters allow separate tenant billing. Pre-installed water filtration system. Premium quality construction throughout with longest-lasting materials from roof down. Additional improvements include 12x16 workshop with power, fenced rear section with 24x48 steel RV carport and installed septic system ready for additional structures. Southern end features full 1-acre open area perfect for RV/boat storage, equipment sales, or mobile home park development. Property positioned to capitalize on explosive growth as Phoenix metro residents discover Roosevelt Lake - Arizona's largest in-state lake with 450,000+ annual visitor days, just 80 miles from 5 million Phoenix metro residents. Multiple revenue stream possibilities. Quality infrastructure in place. 70% remodel, including new 30 new year GAF roofing, all new low E windows. New fencing with privacy slats. Awnings are 18'x20' providing 360 sqaure feet of enclosed entertainment area. Recently upgraded and inpected septic. Ideal for investors and small business owners seeking established property in high-growth recreational market. The location, timing, and potential are perfectly aligned.
Details
Maps
Documents
Contract Information
Foreclosure: No
Sale/Lease: Sale
Property Sub-Type: Real Estate Only
List Price: $349,000
Current Price: $349,000
List Date: 2025-10-14
List Type: Exclusive ARS
Location, Tax & Legal
Zoning: GU
Taxes: 3777
Tax Year: 2023
Assessor's Book #: 201
Assessor's Map #: 08
Assessor's Parcel #: 024
Assessor's Parcl Ltr: C
APN #: 201-08-024C
HOA: No
Legal Description: SECTION: 23 TOWNSHIP: 06N RANGE: 10E PARCEL 1, 2 & 3 OF ROS 1166
Street #: 45030
Direction: N
Street Name: Arizona Highway 188 Unit 3
State: AZ
Zip Code: 85553
Area: Tonto Basin
Sub Code: Tonto Basin
County: Gila
Location
Highway Front: 1
General Property Description
Acres: 3.62
Lot Dimensions: rectangular
Land Size: 3.6
Building Size: 2184
# of Tenants: Vacant
Vacancy %: 100
Year Built: 1995
Remarks & Misc
Directions: AZ-188 S and Earl Dr
Public Remarks: EXCEPTIONAL 3.6-ACRE INVESTMENT OPPORTUNITY near booming Roosevelt Lake Recreation Area. Three adjacent parcels assembled for maximum versatility. Main structure: 2200 sq ft partially finished building with shade canopies on both sides, ready for office, retail, residential or mixed-use build-out. Multiple electric meters allow separate tenant billing. Pre-installed water filtration system. Premium quality construction throughout with longest-lasting materials from roof down. Additional improvements include 12x16 workshop with power, fenced rear section with 24x48 steel RV carport and installed septic system ready for additional structures. Southern end features full 1-acre open area perfect for RV/boat storage, equipment sales, or mobile home park development. Property positioned to capitalize on explosive growth as Phoenix metro residents discover Roosevelt Lake - Arizona's largest in-state lake with 450,000+ annual visitor days, just 80 miles from 5 million Phoenix metro residents. Multiple revenue stream possibilities. Quality infrastructure in place. 70% remodel, including new 30 new year GAF roofing, all new low E windows. New fencing with privacy slats. Awnings are 18'x20' providing 360 sqaure feet of enclosed entertainment area. Recently upgraded and inpected septic. Ideal for investors and small business owners seeking established property in high-growth recreational market. The location, timing, and potential are perfectly aligned.
Status Change Info
Seller Concess to Buyer: 0
Status: Active
Currently Not Used
Total Rooms: 9
Income/Sales Info
Net Operating Income: 0 - 5,999
Cap Rate: CLO
Down Payment: 0 - 5,999
Gross Sales: 0
Improvements: CLO
Loan Info
1st Assumable: No
Accelerate: No
Must Qualify: No
Cash to Assume: 0
Ttl Pmt after Assmpt: 0
Construction
Block: 1
Interior Features
Shop: 1
Showroom: 1
Floor Covering
Concrete: 1
Vinyl: 1
Property Features
Chain Link: 1
Type/Style
Single Level: 1
Garage/Carport
Carport Only: 1
RV Parking: 1
Covered RV Parking: 1
Siding
Stucco: 1
Exterior Features
Storage/Utility Shed: 1
Storage Units: 1
Roof
N/A - Other: Composition
Utilities Available
Septic Tank Installed: 1
Heating
Heat Pump: 1
Possession
At Close of Escrow: 1
Owner May Sell/Terms
Cash: 1
Conventional: 1
1031 Exchange: 1
Cooling
Central: 1
Heat Pump: 1
Exist. Finance Fees
Free & Clear: 1
Form of Ownership
Corporation: 1
Sale Price Includes
Building: 1
Land: 1
Fixtures: 1
Avg Room Rent/Night
0 - 40: 1
Occupancy
Vacant: 1
Property Features
Location: Highway Front
Construction: Block
Siding: Stucco
Property Features: Chain Link
Exterior Features: Storage/Utility Shed; Storage Units
Interior Features: Shop; Showroom
Floor Covering: Vinyl; Concrete
Cooling: Central; Heat Pump
Heating: Heat Pump
Utilities Available: Septic Tank Installed
Possession: At Close of Escrow
Form of Ownership: Corporation
Sale Price Includes: Building; Land; Fixtures
Occupancy: Vacant
Survey IDX
Listing Office: Realty ONE Group
Last Updated: December - 16 - 2025
All information is deemed reliable but not guaranteed. The listings on this site are displayed courtesy of the IDX program of Central Arizona BOR and may not be the listings of the site owner.
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