Prime Multi-Family Development Opportunity 2801 Mercado Court. Exceptional corner lot located in the growing Tierra Grande area, offering a rare opportunity for investors and builders. Zoned Multi-Family, this vacant parcel comes with a proposed Tri-Plex plan featuring three units, each designed with 2 bedrooms, 2 bathrooms, and 2-car garages. The property is ideally situated just off Silver Creek Road, a major arterial connecting Bullhead Parkway and Highway 95, providing excellent accessibility and visibility. Located just around the corner from Western Arizona Regional Medical Center (WARMC), this location offers strong rental demand from healthcare professionals and area workforce tenants. Approved plans may be purchased with the property through an acceptable offer, allowing investors to fast-track development and capitalize on a high-demand rental market. Whether you re looking to build a long-term cash-flowing asset or expand your investment portfolio, this property offers outstanding potential in a highly desirable location.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale Lots And Land | $69,900 | US SOUTHWEST(R) |
| Year | Annual Amount | Description |
|---|---|---|
| 2024 | $157 | T20N R21W SEC 19 TIERRA GRANDE TRACT NO 4052 LOT 5 CONT 11546 SQ FT |
Elementary School Diamondback Elementary School | 1.2 miles away | KG - 06 | |
Junior High School Fox Creek Junior High School | 2.6 miles away | 06 - 08 | |
Elementary School Mountain View Elementary | 2.6 miles away | KG - 05 |