823 W Clay Avenue, Flagstaff, AZ 86001
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823 W Clay Avenue, Flagstaff, AZ 86001
823 W Clay Avenue, Flagstaff, AZ 86001
823 W Clay Avenue, Flagstaff, AZ 86001
823 W Clay Avenue, Flagstaff, AZ 86001
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$ 890,000
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823 W Clay Avenue Flagstaff, AZ 86001

4 Beds

3 Baths

2,422 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,422 sqft

Price per Sqft $367

Subdivision Riordan Add Beg At Intrsecs Line

MLS Listing ID 204737

Bedrooms 4

Year Built 1935

Annual Tax Amount $3,011

Tax Year 2025

Lot Size 0.308 Acres

Acres 0.3

Property Sub-Type Single Family Residence

Source Northern Arizona Association of REALTORS®

Property Description

Exceptional redevelopment opportunity in the heart of Old Town Flagstaff. Positioned on a Highway Commercial-zoned parcel in a high-demand location near NAU, established residential neighborhoods, and key transportation corridors, this property presents a rare opportunity for developers, investors, and builders seeking future density potential in a rapidly evolving area. The primary value lies in the land, zoning flexibility, and ongoing entitlement efforts. Sellers are currently pursuing entitlement pathways that may allow for preservation of the existing residence while adding 5 townhomes, or alternatively redevelopment of the site for up to 8 townhomes (buyer to independently verify zoning, density, entitlements, permitted uses, and municipal approvals).

See additional comments... Situated within the area impacted by Flagstaff's continued growth and the evolving Downtown Mile corridor, the property benefits from strong connectivity, proximity to Northern Arizona University, nearby employment centers, and increasing housing demand. The location also offers convenient access to Butler Avenue, Milton Road, and Route 66, supporting both residential and mixed-use potential. The existing 6-bedroom structure is present on site and may provide interim utility; however, the opportunity is best suited for buyers focused on redevelopment, entitlement completion, land value, and long-term investment potential. Opportunities for commercially zoned infill parcels with potential higher-density outcomes in central Flagstaff are increasingly limited, making this a compelling acquisition for those seeking a strategic development position in one of Northern Arizona's strongest markets.

Location

State AZ

County Coconino

Community Riordan Add Beg At Intrsecs Line

Area 150 - Flagstaff Old Town

Direction From Route 66, turn onto W Clay Ave. Corner house on the left at Blackbird Roost and Clay.

Interior

Interior Features Eat-in Kitchen, Pantry

Heating Natural Gas

Cooling Central Air

Laundry Separate Room

Exterior

Utilities Available Water Available, Electricity Available, Natural Gas Available

Topography Level

Building

Story Multi/Split

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction Yes

Others

Tax ID 10302004

Acceptable Financing Cash, Submit

Listing Terms Cash, Submit


Listed by da Vinci Realty

Nearby Locations

Tom Huthwaite

Tom Huthwaite

Agent

+1(908) 461-3314

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823 W Clay Avenue