2370 U.S. 60
Miami, AZ 85539

Marcus & Millichap is pleased to exclusively present for sale +/- 1.01 acres of
vacant commercially zoned land (C-2 Intermediate Commercial District) on
Route 60 in Globe, Arizona. With an estimated 2020 population of 7.3k,
Globe is county seat for Gila County, which has an estimated 2023 population
of 54k. Globe is located about 90 minutes east of the Phoenix metro area and
2 hours and 15 minutes northeast from Tucson. 

The subject property is located near the Walmart Supercenter, which is one
of the busiest commercial areas in the city. The property is also just north of
the high school, hospital and speciality medical offices.

C-2 zoning is intended to permit most types of commercial activities oriented
to a larger segment of population than the average neighborhood zoning and
includes the sale of commodities or performance of services. Permitted uses
include retail sales, office building, hotel and establishments serving food
and beverages, indoor or out-of-doors.

The downtown area is experiencing $22M revitalization of a 64 unit senior
housing project, which will be completed in late 2024. The City Council
recently approved the 58 acre Marigold Village project. When completed it
will offer over 700 different opportunities for housing from mid rise to
condominiums to residential townhomes as well as a hotel and event center.

The property has +/- 300 ft of frontage on Rt 60 and level topography. City of
Globe water and sewer services are located near the property line. Buyer to
verify all utility locations and capacity levels during due diligence period.