000 Nv-208 Highway

Possibilities are endless for this property. There are 36 forty-acre parcels totaling 1,553 acres currently in Ag use. Hard zoning overlay includes SFR 2, RA 5, MFR, TC and GC for potential development. Water Will Serves have been acquired from TRE GID and municipal grade well is onsite. Three phase power is on or near all parcels. Property can be subdivided for several hundred units, sold as individual 40 acre parcels for ranchettes or kept in Ag use. PROPERTY BEING SOLD INCLUDES ALL 40-ACRE PARCELS, Water rights are available for additional $7,200,000 if property is kept in Ag use and irrigation equipment may be purchased separately. Access and utility easements are recorded against the property. Onsite well was drilled one year ago a cost of $350,000 included in purchase price. Located 3 miles east of Holbrook Junction, across from Albite and on the south side of Hwy 208. The property has a slight slope from north to south and has amazing mountain views in every direction. Topaz Lake is 1 mile to the west as the crow flies or a 5 mile drive. Walmart, medical and other services are approximately 20 miles north on Hwy 395. There are three scenarios offered by this property: (1) Perfect opportunity for a residential or commercial developer to maximize existing allowed density; (2) flipping 40 acre parcels to individuals in search of wide open space, privacy with a rare asset of three phase power to the site; (3) retain the ag status and continue to cultivate the land..