$1,800,000
$150K PRICE DROP

16465 E Peak Ln Picacho, AZ 85141

Estimated payment $10,321/month

Total Views 8,951
75 Acres
$24,161 Price per Acre
3,245,220 Sq Ft Lot

Highlights

  • Horses Allowed On Property
  • Mountain View
  • Property is near a preserve or public land
  • 74.5 Acre Lot
  • No HOA

About This Lot

Welcome to a rare investment opportunity! Nestled at the foothills of Picacho Peak Park, this expansive 74.5-acre parcel is part of a larger 196-acre tract, offering a once-in-a-lifetime chance to turn your vision into reality. Seize the opportunity to build a premier hotel resort, RV park, or manufactured home park or data center in the coveted OPPORTUNITY ZONE.

Boasting an impressive 720 feet of highway frontage, this strategic landmark provides unparalleled visibility. Additionally, a second egress to the highway exit enhances accessibility and convenience for potential patrons. The location is not only prime but strategically positioned for success. Situated between the vibrant city of Tucson and the ever-growing Casa Grande, this property offers a unique advantage with a short commute to both bustling urban centers. With a staggering 55,000 daily traffic count on the adjacent highway, your investment is poised to capture the attention of a vast audience.

Whether you envision a luxurious hotel resort capitalizing on the scenic beauty of Picacho Peak Park or a dynamic RV park/MHP development catering to the travel and housing needs of the region, this property is a canvas for your entrepreneurial dreams. The thriving traffic flow ensures a constant influx of potential customers, making this location an ideal choice for a wide range of ventures.

Don't miss out on this extraordinary opportunity to shape the landscape of the future. Invest in the potential of 74.5 acres at the foothills of Picacho Peak Park, and turn your vision into a lucrative reality in the heart of the Southwest. The possibilities are as vast as the Arizona sky - seize them today!

Listing Agent

Bryce Perez

RE/MAX Fine Properties License #SA536656000

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,287

Lot Details

  • 74.5 Acre Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned GR

Schools

  • Eloy Intermediate School
  • Eloy Junior High School
  • Santa Cruz Valley Union High School

Additional Features

  • Mountain Views
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Picacho Peak Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Tax Lot ' '
  • Assessor Parcel Number 410-05-012-e

Property Details

Property Type

Land

Est. Annual Taxes

$3,287

Lot Details

0

Listing Details

  • Cross Street: I-10 HWY & PICACHO PEAK EXIT
  • Property Type: Land
  • Development Status: Raw Land, On Site Imp Needed, Prelim Eng Needed
  • Topography: Steep Sloping, Mountainous, Existing Wash(s), Hillside, Gentle Sloping, Level
  • Zoning: GR
  • Tax Year: 2022
  • Directions: Frontage
  • Horses: Yes
  • Lot Size Acres: 74.5
  • Road Surface Type: Asphalt
  • Subdivision Name: Picacho Peak
  • Tax Parcel Letter: e
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Retail, Single Family, Multi-Family, Commercial, Mobile/Mgf Hme/RV's, Office, Pad Site, Hotel/Motel, PAD

Exterior Features

  • Fencing: None
  • Lot Features: Adjacent to Wash, Borders Pres/Pub Lnd
  • View: Mountain(s)
  • Disclosures: Seller Prop Disc Stm
  • Other Structures: None

Utilities

  • Electric: APS
  • Water Source: Community Franchise

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Eloy Intermediate School
  • High School: Santa Cruz Valley Union High School
  • Junior High Dist: Santa Cruz Valley Union High School District
  • Middle Or Junior School: Eloy Junior High School

Lot Info

  • Lot Size: 2700'
  • Lot Size Sq Ft: 3245220.0
  • Number Of Lots: 2
  • Additional Parcels: Yes
  • Parcel #: 410-05-012-e
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3287.0
  • Tax Book Number: 410.00
  • Tax Lot: ' '
  • Tax Map Number: 5.00

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Price Changed $1,800,000 -2.7% --
03/10/2025 03/10/25 Price Changed $1,850,000 -2.6% --
01/30/2025 01/30/25 Price Changed $1,900,000 -2.6% --
10/26/2023 10/26/23 For Sale $1,950,000 0.0% --
09/29/2023 09/29/23 Off Market $1,950,000 -- --
10/22/2022 10/22/22 For Sale $1,950,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6480670

Arizona Regional Multiple Listing Service (ARMLS)