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Yavapai County approves sale of 3.86 acres to Prescott Valley for $1.175 million
Summary
The Yavapai County Board of Supervisors unanimously approved a direct sale of a 3.86-acre parcel near Prescott Valley’s civic center to the Town of Prescott Valley for $1,175,000, with the town paying in three installments and the board delegating closing authority to county counsel.
The Yavapai County Board of Supervisors on May 21 unanimously approved the direct sale of 3.86 acres near the Prescott Valley Civic Center to the Town of Prescott Valley for $1,175,000.
County staff said the parcel was identified as surplus and that the town and county agreed on an appraisal and a three-installment payment schedule. Tyler Goodman, assistant county manager, told supervisors, “This item is for the sale of just under 4 acres of land to the town of Prescott Valley for $1,175,000.”
The nut graf: The sale moves county land deemed unnecessary for foreseeable service needs into municipal ownership adjacent to Prescott Valley’s Civic Center; the board approved delegation to county counsel to sign closing documents so the transaction can proceed.
Board materials and staff explained that BBG Real Estate Services completed the appraisal in February and that the town proposed paying the appraisal amount in three installments: at closing, Oct. 1, 2025, and Oct. 1, 2026. Staff noted the sale is a direct sale (not a public auction) and therefore requires unanimous board consent.
Brandon Schultz, director of facilities, said the county acquired related parcels about February 2007 during property exchanges tied to nearby road work and county facility needs. Ryan Judy (identified in the meeting as “deputy assistant”), speaking for the town, said the county had allowed the town to use the parcel for overflow parking during special events and described adjacency to the civic center as making the site valuable for future municipal uses. Judy commented, “the county has been very generous in allowing us to use this parcel for overflow parking for our special events.”
The board voted unanimously to approve the sale and to delegate authority for signatories and closing steps to county counsel. The motion included the stipulation that documents and signing authority be handed to board counsel.
Clarifying details recorded at the meeting: parcel size 3.86 acres; sale price $1,175,000; appraisal by BBG Real Estate Services completed in February; payment schedule — at closing, Oct. 1, 2025, and Oct. 1, 2026; county counsel to be delegated signing authority. The board identified the parcel as adjacent to the Civic Center/Town Hall.
The county clerk recorded a unanimous vote. Staff said the funds from the sale would be available for county capital needs as directed by the board.
