Land for Sale in Winkelman, Arizona

Two parcels totaling over 1/2 mile of frontage on Scenic Highway 77, split on the east and west sides of the highway, just north of the historic Christmas mining area. Dripping Springs wash runs through the northern section, with cattle and horse corrals in place. Two homes on site -- 1,763 sf and 1,800 sf -- both in need of repair, along with several outbuildings also needing work. One registered well with a well house that requires repairs. On the southwest side of the highway sits a 1,600 sf building, most recently used as Dripping Springs Family of God Baptist Church and previously operated as a convenience store; the surrounding land has served as an RV park. A rare mix of highway frontage, water access, and multiple structures with strong upside potential. CHRISTMAS RANCH OFFERING MEMORANDUM Globe AZ Property . Neil Blindauer, DeLex Realty . Page 2 This Offering Memorandum is provided for informational purposes to prospective buyers evaluating Christmas Ranch. All figures, dimensions, and descriptions are believed accurate but are not warranted and should be independently verified during due diligence, including through the Gila County Assessor and appropriate zoning authorities. INVESTMENT SUMMARY Christmas Ranch offers 120 acres across two parcels straddling more than half a mile of frontage on Scenic Highway 77, just north of the historic Christmas mining district in Gila County, Arizona. At an asking price of $300,000, the offering is priced at roughly $2,500 per acre -- well under recent Highway 77 corridor comparables, which have ranged from $5,000 to $18,000 per acre depending on parcel size and improvements. Unlike raw acreage, this property already carries multiple existing structures -- two homes, a commercial building, corrals, and outbuildings -- plus a registered well and year-round wash access. The combination of below-market basis, highway visibility, water rights, and a documented multi-use history (residential, commercial retail, church, and RV park) gives an investor several independent paths to value rather than a single-use bet. Key Investment Highlights -- Below-market basis: approximately $2,500 per acre against a corridor range of $5,000-$18,000 per acre. -- Over 0.5 mile of frontage on Scenic Highway 77 spanning both sides of the road -- dual road-facing exposure. -- Existing 1,600 sq ft commercial building with a proven multi-use track record: convenience store, church, and surrounding RV park. -- Two residential structures (1,763 sq ft and 1,800 sq ft) offering rental, owner-occupant, or caretaker housing upside once repaired. -- Registered well plus Dripping Springs wash frontage -- water access is one of the scarcest and most valuable assets in rural Gila County. -- Cattle and horse corrals already in place, supporting immediate agricultural or equestrian use without new construction. -- Two-parcel configuration (east and west of the highway) allows split-use, phased development, or resale as separate assets. -- Proximity to the Christmas mining area positions the site for potential workforce housing, staging, or supply-point demand. PROPERTY OVERVIEW Property Name Christmas Ranch Location Scenic Highway 77, Gila County, Arizona -- immediately north of the Christmas mining area CHRISTMAS RANCH OFFERING MEMORANDUM Highway Frontage Over 1/2 mile combined frontage on Scenic Highway 77 Zoning Commercial -- exempt, non-profit Asking Price $300,000 ($2,500 / acre) Water - one registered well with well house (needs repair); Dripping Springs wash crosses the northern section. EXISTING IMPROVEMENTS The property is improved well beyond typical raw land in the area. Structures are being sold as-is and priced accordingly -- the repair needs are already reflected in the offering price, leaving room for forced appreciation upside as improvements are brought back online. Home 1 1,763 sq ft residence -- needs repair Home 2 1,800 sq ft residence -- needs repair Outbuildings Several additional structures on-sit