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HWY 87 RYE AZ 85541
RYE, AZ 85541
Asking Price
$2.10M
Asset Type
Commercial Land
Class
Class B
What's Special
Highway 87, Rye, AZ 29571 <ul><li>7.39-acre primary parcel on Highway 87 with approximately 922 feet of frontage</li><li>High traffic visibility with 15,549 AADT (ADOT 2022)</li><li>Proposed development plans include a 6,000-square-foot convenience store/market and fuel station</li><li>Fuel station with 6 gas pumps (12 positions) and 7 diesel pumps (9 positions)</li><li>Zoning is C-3, Commercial (Gila County), allowing for diverse commercial development options</li><li>State Route 87 Northbound 380-foot deceleratio
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NOI
$80,000
Cap Rate
3.81%
DSCR
0.64
Underwater
Cash-on-Cash
-7.09%
Monthly Payment
$10,389.654
Annual Cash Flow
$-44,675.85
