Highest Visibility Location in the Heart of Sedona’s Commercial District

40 Goodrow Lane

Sedona, AZ 86336

40 Goodrow Lane Sedona, AZ 86336 featured image

40 Goodrow Lane

Sedona, AZ 86336

$725,000 Contact Seller

$1 Billion Annual Tourism

Stunning & Sacred Environment

Perfect Location

Commercial Development Opportunity

List Type:
Commercial
Total acres:
0.51

Highest visibility location in the heart of Sedona’s commercial district with over 15,000 vehicles passing by the site daily, with ample signage options.

  • C-1 Zoning allows for multipurpose development of retail, office & residential.
  • 0.51 acres.
  • Over 1,800 sq ft of, views, and park-like setting.
  • Recently Reduced to $1,500,000 for quick sale.
  • Long-term stable tenant currently occupy the property and are highly likely to remain for years to come.
  • Lease has converted to month to month tenancies, allowing for a full take-over of the property if desired.
  • Attractive bank financing available; lender will finance both the acquisition & new construction on this property if desired.
  • Current annual gross income $32,400, N.O.I. available upon request.
  • Commercial retail development opportunity with a myriad of potential uses.
  • Potential development plans available upon request.
  • Plans including retail stores & restaurants on ground floors, underground parking & Residential / vacation rental units with spectacular Red Rock Views above.
  • Development can be done in phases and can incorporate any/all of the existing structures and tenants.
  • Front of property is also available as a separate purchase (.38 acres with highway frontage)


Demographics

Within 1 Mile

Within 3 Miles

Within 5 Miles

Trade Areas

1 Mile 3 Mile 5 Mile
Total Population 5,086 10,808 11,800
2010 Population 4,653 10,282 11,177
2024 Population 5,420 11,370 12,425
Employees 4,954 9,473 10,363
Total Businesses 758 1,349 1,388
Average Household Income $80,712 $84,747 $86,284
Median Household Income $57,960 $60,205 $60,794
Total Consumer Spending $66.82M $147.13M $161.67M
Median Age 59.6 60.2 60.3
Households 2,492 5,406 5,888
Percent College Degree or Above 25% 26% 27%
Average Housing Unit Value $471,253 $521,970 $523,065

Amenities

  • 24 Hour Access
  • Kitchen
  • Signage
  • Natural Light

Traffic

Collection Street Cross Street Traffic Vol Year Distance
State Hwy 89 Alt Scn Airport Rd, W 22,928 2018 1.06 mi
State Route 179 Portal Ln, S 14,348 2018 1.95 mi
State Route 179 Arrow Dr, N 12,847 2018 2.13 mi
State Route 89 Apple Rd, NE 9,325 2018 2.21 mi
State Route 179 Back O Beyond Rd, NW 14,105 2018 3.68 mi


An artist’s rendering of what this property can be:

Interest in property form background image
40 Goodrow Lane Sedona, AZ 86336 featured image
40 Goodrow Lane
Sedona, AZ 86336
  • Total area: 1,850 ft2
  • Floors: 1
Price: $725,000

Interested in this property?

For more details about this property please submit your name and contact information including a phone number.

(520) 403-6271

We Are Here to Serve!


Magic Land Realty & Investments
29 Tubac Plz. Suite #2,
Tubac, AZ 85646

E: info@magiclandrealty.com
P: (520) 403-6271

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