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Kelvin Florence Highway
Florence, AZ 60187-3724
Asking Price
Contact for price
Asset Type
Agricultural Land
Class
Class B
What's Special
Kelvin Florence Highway, Florence, AZ 60187-3724 <ul><li>Rare opportunity to own ±60 acres of scenic Arizona desert</li><li>Frontage on Kelvin Florence Highway</li><li>Surrounded by State Land on the north and west</li><li>Exceptional views of the Mineral Mountains, Newman Peak, and the Superstition Mountains</li><li>Zoned GR (General Rural) - allows residential, agricultural, equestrian, and recreational uses</li><li>Mostly level to gently rolling topography with native saguaro cacti</li><li>Potential for future parcel splits</li><li>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
