259 & 261 Vallejo Street, Prescott, AZ 86301

$350,000
Property Type: Vacant Land Lot Size (sq. ft.): 16,553 Status: Active
Current Price: $350,000 List Date: 7/31/2025 Last Modified: 10/08/2025

Description

Fix & Flip, Scrape and Redevelop, or Design build new multifamily. Unlock a rare opportunity to develop in the heart of Prescott! This .38-acre multifamily infill parcel, zoned MF-M, boasts a prime downtown location and the potential for 6 units (buyer to verify). With flat topography, easy street access, and utilities nearby, this is the perfect canvas for investors and developers eager to capitalize on Prescott's booming rental market. Don't miss out on this supply-constrained gem!

More Information MLS# 1073086

Contract/Address/Legal

List Price/Acres: 921053 Rent/Lease: No Neighborhood: N/A REO/Short Sale: Not Applicable Land Type: Multi-Residential Zoning: MF-M (MH) Auction: No Lot #: 4 & 5 Lot Size: 16553 Assessor's Book #: 113 Assessor's Map #: 3 Assessor's Parcel #: 60 Legal: DAMERON PARK ADD LOT 4 & 5 BLK 25 Irrigation Rights: No

General Property Description

Aprx Acres: 0.38 HOA Y/N: No

Tax Info

Taxes: 1015 Mfg/Mobile: Yes Tax Year: 2025

Remarks & Misc

Directions: Montezuma west on Navajo to 1st street, south to Vallejo. Remarks: Fix & Flip, Scrape and Redevelop, or Design build new multifamily. Unlock a rare opportunity to develop in the heart of Prescott! This .38-acre multifamily infill parcel, zoned MF-M, boasts a prime downtown location and the potential for 6 units (buyer to verify). With flat topography, easy street access, and utilities nearby, this is the perfect canvas for investors and developers eager to capitalize on Prescott's booming rental market. Don't miss out on this supply-constrained gem!

Office/Member Info

Listing Exclusions: No

Records Available

None: 1

Road Frontage Type

City Street: 1

Road Surface Type

Asphalt: 1 Paved: 1

Road Responsibility

City Maintained Road: 1

Buildings

None: 1

Fencing

Rock: 1 Wire: 1

Terms & Conditions

1031 Exchange: 1

Lot Improvements

Building Pad: 1 Existing Foundation: 1 Sidewalk(s): 1

Utilities Installed

Electricity: 1 Water - City: 1 WWT - City Sewer: 1

Building Restriction

MFG/MOB Homes Only: 1 Multi-Family: 1 SB or MFG Homes: 1

Utilities Available

City Sewer: 1 City Water: 1 Electricity: 1 Natural Gas: 1

Topo/Location

Level: 1

Site/Soil Evaluation

None: 1

Views

City: 1

Pets/Animals

Domestics: 1

Subdivision Features

None: 1

ContractAddressLegal

Original List Price: 350000 Listing Date: 2025-05-08 Status: Active Listing Price: 350000 Street #: 259 & 261 Street Name: Vallejo St Suffix: Street City/Township: Prescott State: AZ Zip Code: 86301 County: Yavapai Subdivision: Dameron Park Add Tax Parcel: 113-03-060

Property Features

Buildings: None Fencing: Rock; Wire Lot Improvements: Building Pad; Existing Foundation; Sidewalk(s) Building Restriction: MFG/MOB Homes Only; Multi-Family; SB or MFG Homes Utilities Installed: Electricity; Water - City; WWT - City Sewer Utilities Available: City Sewer; City Water; Electricity; Natural Gas Road Frontage Type: City Street Road Surface Type: Asphalt; Paved Road Responsibility: City Maintained Road Records Available: None Subdivision Features: None
Listing Office: Arizona Commercial
Last Updated: October - 08 - 2025
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