1901 S Mormon Lake Rd

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1901 S Mormon Lake Rd

Flagstaff, AZ 86038
Asking Price
$4.90M
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Commercial land asset situated in Flagstaff Arizona
  • Total asking price for the parcel is 4900000 dollars
  • Site features historical development dating back to 1974
  • Strategic location within a prominent northern regional hub
  • Flexible acreage suited for diverse commercial project applications

What's Special

Flagstaff serves as a primary hub for commerce and tourism in Northern Arizona, drawing consistent traffic due to its proximity to major national landmarks and its role as a regional economic center. This commercial land site at 1901 S Mormon Lake Rd provides a strategic position within this high-altitude market. The parcel encompasses an asset originally developed in 1974 and offers significant flexibility for various development or commercial operations. Investors and developers can utilize this acreage to capitalize on the steady growth and persistent demand for space in the Flagstaff submarket. Given its classification as commercial land, the site is well-suited for projects ranging from hospitality and retail to specialized service-oriented businesses that benefit from the area's robust regional visibility. This offering represents a substantial acquisition for those looking to expand their footprint in a key mountain west destination.

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NOI
$80,000
Cap Rate
1.63%
DSCR
0.27
Underwater
Cash-on-Cash
-14.35%
Monthly Payment
$24,242.526
Annual Cash Flow
$-210,910.318

Location & Travel Times