Arizona State Land Department to auction property in Flagstaff

Photo Arizona State Land Department

By AZ Daily Sun

A parcel of land comprised of 17.23 acres at the southeast corner of the Fourth Street and East Butler Avenue intersection will be auctioned by the Arizona State Land Department on March 26.

Appraised at $5,340,000, the bidding is set to begin with the appraised value as the minimum bid when the auction begins at 11 a.m. at the Coconino County Courthouse at 200 N. San Francisco St.

According to the state’s listing of the auction, SWCA Environmental Consultants completed the environmental site assessment of the parcel in November 2023 following a request from CDR 276 LLC, which lists its address as Capstone Homes’ Flagstaff Division.

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