Prime High-Density Residential Development Opportunity

For Sale

102/106/110/112 South O'Leary Street, Flagstaff, AZ 86001

This Flagstaff property for sale is located at 102/106/110/112 South O'Leary Street. The current listed sale price for Prime High-Density Residential Development Opportunity is $1,500,000. Prime High-Density Residential Development Opportunity is situated on a lot that is 0.58 acre in size.

Contacts

broker
Darien Degher

Northland

Property Details

  • Property Type Multi-Family
  • Property Size 6,327 SF
  • Units 5
  • Lot Size 0.58 Acre
  • Date Updated Aug 29, 2025
Discover this quintessential Flagstaff residential neighborhood, ripe for re-development. Situated in the heart of Flagstaff, this area offers a rare, buildable high-density footprint. With Northern Arizona University campus just a few blocks away, this prime location is also minutes away from downtown Flagstaff, boasting a thriving arts and culture scene, diverse dining options, and outdoor recreational adventures. With its blend of natural beauty and urban amenities, the area presents an exciting opportunity for developers and investors seeking a foothold in this historic neighborhood.Nestled in the heart of Flagstaff's storied southside district, this rare offering comprises three improved contiguous parcels totaling .58 acres, each zoned for high-density residential for conjoined development. This is a once-in-a-generation opportunity to shape the future of a vibrant, established neighborhood known for its architectural charm, community spirit, and proximity to urban amenities. With the emphasis of value on the land not the existing improvements, this property is primed and penciling for a multitude of residential projects—whether you’re envisioning modern townhomes, luxury apartments, an innovative multi-family complex, or simply a repurpose and redesign of the existing structures. The generous footprint allows for creative site planning and maximizes density, one that could preserve the community feel or modernize into a new era. Whether you’re a seasoned developer, a strategic investor, or someone with a vision to create housing that honors the area’s history while embracing its dynamic future, this property delivers the flexibility and promise you need by adding an income-generating asset with flexibility of design. As a childhood home for the Sellers, above all this property provides a welcoming sense of continuity and an opportunity to write the next chapter of joyous memories.
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Highlights

  • Attractive rental rates and low vacancy statistics
  • Blocks from Northern Arizona University
  • Collective improvements totaling approximately 6,327 SF (vacant; distressed condition)
  • Frontage: Wide, street-facing lots with direct rear access
  • Minutes from major transit arteries, including the Lone Tree Overpass under construction
  • Strong market growth in southside historic district
  • Topography: Level site with mature shade trees throughout
  • Total Land Area: .58 acres across three separate parcels
  • Utilities: All city services available including water, sewer, electricity, and high-speed internet
  • Walkable to downtown entertainment and business centers
  • Zoning: High-density residential

Getting around

  • 91/100

    Walk Score ®

  • 64/100

    Transit Score ®

  • 98/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Flagstaff, AZ
  • Zip Code 86001

Points of Interest

  • Flagstaff

    0.22 miles

  • Speedway

    0.17 miles

  • VP Racing

    0.44 miles

  • VP

    0.45 miles

  • Fry's

    0.68 miles

  • Shell

    0.70 miles

  • Chevron

    0.71 miles

  • Speedi Car Wash & Fuel

    0.82 miles

  • Giant

    0.93 miles

  • Tesla Supercharger

    1.37 miles

  • ChargePoint

    1.76 miles

  • P2

    0.32 miles

  • P1B

    0.35 miles

  • P1A

    0.36 miles

  • P58

    0.40 miles

  • P2B

    0.44 miles

  • P5

    0.50 miles

  • P11

    0.51 miles

  • P19

    0.51 miles

  • P28A

    0.51 miles

  • P96B

    0.60 miles

  • Grand Canyon International Hostel

    0.15 miles

  • Motel DuBeau

    0.25 miles

  • Monte Vista

    0.26 miles

  • Weatherford Hotel

    0.29 miles

  • Rodeway Inn

    0.35 miles

  • Residence Inn

    0.38 miles

  • Country Inn & Suites

    0.43 miles

  • Drury Inn & Suites

    0.46 miles

  • The L Motel

    0.48 miles

  • The Inn at 410 Bed & Breakfast

    0.48 miles

  • Whole Foods Market

    0.38 miles

  • Natural Grocers

    0.55 miles

  • Fry's Food and Drug

    0.66 miles

  • Big Lots

    0.73 miles

  • Safeway

    1.01 miles

  • Target

    1.02 miles

  • Ross

    1.07 miles

  • Kohl's

    1.43 miles

  • Walmart

    1.59 miles

  • Bashas'

    1.69 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Darien Degher

Northland

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