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Executive Summary 1600 Montezuma Castle Hwy. P. 1 1600 Montezuma Castle Hwy Camp Verde, AZ 86322 For Sale | Commercial Opportunity

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Page 1: For Sale | Commercial Opportunity€¦ · Executive Summary 1600 Montezuma Castle Hwy. P. 7 Clarkdale ~ the town incorporated in 1957 (it celebrated its 50th anniversary in 2007),

Executive Summary 1600 Montezuma Castle Hwy. P. 1

1600 Montezuma Castle Hwy Camp Verde, AZ 86322

For Sale | Commercial Opportunity

Page 2: For Sale | Commercial Opportunity€¦ · Executive Summary 1600 Montezuma Castle Hwy. P. 7 Clarkdale ~ the town incorporated in 1957 (it celebrated its 50th anniversary in 2007),

Executive Summary 1600 Montezuma Castle Hwy. P. 2

Page 3: For Sale | Commercial Opportunity€¦ · Executive Summary 1600 Montezuma Castle Hwy. P. 7 Clarkdale ~ the town incorporated in 1957 (it celebrated its 50th anniversary in 2007),

Executive Summary 1600 Montezuma Castle Hwy. P. 3

Stunning Views Mogollon Rim &

Mountain Range

Land Acres 71.36 AC+-

Town of Camp Verde Zoning C2 & Rl-70

Site Location - Verde River to the West Coconino Forest & Beaver Creek to the East

1 mile from 1-17

Freeway

Montezuma Castle Hwy Frontage feet

N Arena Del Loma Rd Frontage feet

Pricing : 24.95 AC Commercial 44.44 AC Residential

Entire Package

$706,433.

$879,912.

Submit Offer

Fronts on Montezuma Castle Hwy.

N. Arena Del Loma Rd. frontage

1600 Montezuma Castle Hwy. Camp Verde, AZ 86322

> Property Introduction

Heart of Camp Verde, Arizona ~ Fronts Montezuma Castle Hwy. & the

intersection of N. Arena Del Loma Rd., to the East Coconino National Forest and Beaver Creek and the Verde River to the North.

Zoning ~ Property consists of two zoning classifications. The 24.95 AC fronting

Montezuma Castle Hwy is Zoned C2 Town of Camp Verde. The 44+ AC to the West contiguous is zoned Rl-70.

Present Uses & Location~ Overlooks the Camp Verde High School, to the

East Coconino National Forest Lands. Low density residential rural properties, commercial and residential farming. Tourist attractions; Montezuma Castle 1.5 miles away with annual visitors of 573,731. Castle Casino and Lodge is one mile away. Easy access off 1-17 Interstate Freeway exit 289 at the roundabout 1 mile to subject property.

The LANDS ~ Fronted by two paved streets the lands are prime for residential

and commercial development per Town of Camp Verde regulations. High plateau, slightly sloping and flat lands make for a very useable piece of acreage. Low density residential uses, multi residential and commercial uses to facilitate the needs of the community. Needed are senior apartments and townhomes to take in the expansive views. A commercial town centre around multi and single family would work well. Additional considerations, agricultural uses such as grapes, or a horse riding stables.

Page 4: For Sale | Commercial Opportunity€¦ · Executive Summary 1600 Montezuma Castle Hwy. P. 7 Clarkdale ~ the town incorporated in 1957 (it celebrated its 50th anniversary in 2007),

Executive Summary 1600 Montezuma Castle Hwy. P. 4

>ABOUT THE PROPERTY

Demographics ~ 1 Mile 3 Miles 5 Miles

Population 470 594 9415

Population Growth 1.5% 2.3% 1.6%

Median Income 40,277 36,034 40,085

Average Age 51.7 46.8 45.4

Location Features~

One Mile South of Cliff Castle Casino Exit at 1-17

Montezuma’s Castle National Monument is visible from the site

Site has excellent visibility from Montezuma Castle Highway

Site lies between Beaver Creek to the East and the Verde River to the West

Lands are moderately sloping hill overlooking surrounding area

Easy access from 1-17 Freeway and Montezuma Castle Highway

Subject property is located between Cliff Castle Casino and Camp Verde High School

Outstanding views abound Mogollon Rim and surrounding mountain ranges

FEMA Floodplain ~ The property is not impacted by the flood fringe or floodway. FEMA Flood insurance will not be required however the cost would be reasonable and recommended if desired.

Soils Testing~ to be determined

Perc Testing ~ to be determined

Page 5: For Sale | Commercial Opportunity€¦ · Executive Summary 1600 Montezuma Castle Hwy. P. 7 Clarkdale ~ the town incorporated in 1957 (it celebrated its 50th anniversary in 2007),

Executive Summary 1600 Montezuma Castle Hwy. P. 5

Utilities Available~

Electric – Arizona Public Service –ample for development overhead lines nearby Telephone – Century Link Trash – Taylor & Sons Hauling, several in the community to pick from. Water – Available beneath site (Multiple wells in the area) Drill for Water Sanitation - Individual systems will be required

Utilities Installed~ None

Existing Improvements ~ None

Yavapai County Tax Parcel~ 404-18-181f

Survey~ a parcel by Metes and Bounds in Sec 19 T 14N R5E. Seller will provide new survey in escrow and provide new division split approval from the Town of Camp Verde. Present Survey larger parcel.

Property Taxes~ $7844.70 Year 2015 covers 71.36 AC

Town of Camp Verde Municipality ~ Development Services (928) 567-6631

Directions ~ 1-17 North Exit on Middle Verde Road Camp Verde, AZ 287 past Cliff Castle Casino and Lodge on Montezuma Castle Rd one mile to the subject property on the right. Junction of N Arena Del Loma Rd and Montezuma Castle Rd.

Offerings~ 24.95 AC Commercial $706,433.

44.44 AC Residential $879,912.

Entire Package Submit Offer

Page 6: For Sale | Commercial Opportunity€¦ · Executive Summary 1600 Montezuma Castle Hwy. P. 7 Clarkdale ~ the town incorporated in 1957 (it celebrated its 50th anniversary in 2007),

Executive Summary 1600 Montezuma Castle Hwy. P. 6

Sedona-Verde Valley Demographics Overview | Tourism Survey

VERDE VALLEY VISITORS SURVEY

What to Do Where to Go in Camp Verde

Visitors Guide Camp Verde, AZ

Sedona Verde Valley Communities~

Population~ Predictions in 2000 were for the combined population of Sedona-Verde Valley communities to

grow from slightly less than 50,000 to more than 51,000 by 2005. In 2011 the population was around 77,000. In

2013 the population exceeds 80,000.

Rapid growth is not a recent phenomenon in the Sedona-Verde Valley. The combined population was 15,625 in

1980 and up to 22,428 in 1990.

Median Age~ throughout the valley, the median age is higher than 44, with the low median of 41 in

Cottonwood and the high of over 50 in Sedona. Those statistics mean Baby Boomers make up the largest

segment of the valley’s population demographics.

Communities~ Camp Verde incorporated in 1986, it is the oldest community in the Verde Valley, having

been established in 1865 to protect settlers from Indian raids. The town sits near the geographic center of

Arizona. The Fort Verde Historic State Park displays military and American Indian artifacts. Four original adobe

buildings are open to the public.

The town hosts an annual corn festival in July, sponsored and organized by Hauser and Hauser Farms. Other

annual festivals include Fort Verde Days (October); the Pecan, Wine and Antiques Festival (February); and the

Crawdad Festival (June.)

The 42.6 sq. mi town is intersected by I-17, extending 8 miles to the West and 10 miles to the East of the

interstate. Three freeway exits provide local access: Exits 285, 287, and 289. The Town's Historic Downtown is

approximately 1-mile from I-17 and contains a grocery store, physician facilities, shopping, dining, historical

museum, Fort Verde State Historic Park, chamber of commerce/visitor center and town offices.

The town has a total area of 42.6 square miles of which, 42.6 square miles of it is land and 0.02% is water. It is

in the Verde River valley. To the southwest lies the Black Hills mountain range. Camp Verde is surrounded by

Prescott National Forest. The Mogollon Rim is just north of the town and forms the southwestern edge of the

large, geologically ancient Colorado Plateau.

Page 7: For Sale | Commercial Opportunity€¦ · Executive Summary 1600 Montezuma Castle Hwy. P. 7 Clarkdale ~ the town incorporated in 1957 (it celebrated its 50th anniversary in 2007),

Executive Summary 1600 Montezuma Castle Hwy. P. 7

Clarkdale ~ the town incorporated in 1957 (it celebrated its 50th anniversary in 2007), although it was laid out

as a company town in 1914. The Clarkdale smelter processed ore from Jerome until 1952. The town’s original

smelter sites and clubhouse are now listed on the National Register of Historic Sites.

One of the Verde Valley’s most popular tourist attractions is the Verde River Canyon Railroad, a 19-mile, round-

trip scenic tour between Clarkdale and Perkinsville.

Cornville-Page Springs~ the rural community has a public school, Oak Creek Elementary, which is in the

Cottonwood-Oak Creek School District. The mixed population includes farmers, artists, business owners,

contractors and professionals. Famous ranches, like the former Dancing Apache, first drew people to the area.

Though unincorporated, residents have formed the Cornville Community Association. Oak Creek flows through

both communities, and the fish hatchery is in Page Springs.

Cottonwood~ The Trading Center of the Sedona Verde Valley. At an elevation of 3,320 feet, Cottonwood sits

on the banks of the Verde River where a circle of 16 cottonwood trees stood when the first settlers arrived.

Riverfront Park and Dead Horse Ranch State Park both offer access to the river, one of the state’s best riparian

habitats. Verde Village~ unincorporated area is basically a suburb of Cottonwood. The area, which is divided

into number subdivision units, was first developed in 1970.

Jerome~ sitting on the side of Mingus Mountain at an elevation of 5,435, this old mining town boasts the coolest

temperatures during summer of any Verde Valley community. Once a booming city that served as the

commercial, educational and medical center of the entire Verde Valley, Jerome had a peak population of 15,000

people before it became the world’s largest “Ghost City” when the Phelps Dodge Mine closed in 1953.

Jerome Historic State Park features the former Douglas Mansion and is a museum of the area’s history. The

Jerome Historical Society operates the Mine Museum, which exhibits ore collections and mining equipment.

Lake Montezuma/Rimrock/McGuireville~ Montezuma was named for the nearby famous Montezuma Castle,

Montezuma Well and Indian Ruins. Rimrock was named for a dude ranch located near the community, and

McGuireville used to be called “The Station” due to a single service station operated by Eugene McGuire. The

Rimrock post office, established in 1929, serves all three communities.

Nearby Montezuma Well features a large limestone sink. The waters from the prehistoric well were used as a

source for irrigation canals.

The area sits on Beaver Creek and is often simply called the Beaver Creek area.

Sedona/Village of Oak Creek/Oak Creek Canyon~ Established in 1902, Sedona was named for Sedona

Schnebly, an early settler and sister-in-law to the communities first Postmaster. Oak Creek Canyon provides one

of the most scenic drives in the country between Sedona and Flagstaff. The legendary Red Rock Country,

offering breathtaking vistas surrounds Sedona.

Page 8: For Sale | Commercial Opportunity€¦ · Executive Summary 1600 Montezuma Castle Hwy. P. 7 Clarkdale ~ the town incorporated in 1957 (it celebrated its 50th anniversary in 2007),

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Prepared by ~