![]() A two-day auction is scheduled to begin on February 27 on a busy commercial property just outside Phoenix. Located on a nearly 5-acre site at 4730 E. Lone Mountain Road in the small town of Cave Creek, some 30 miles to the north of downtown Phoenix, the Lone Mountain Landing measures around 34,700 square feet. Built in 2003, the retail center is the home to a restaurant, fitness center, nail salon, and pet grooming store, among other businesses. Hosted by the Phoenix real estate offices of Kidder Matthews, the auction for the sprawling property will begin with a starting bid of $1.8 million. Cave Creek has seen a modest population growth in recent decades, jumping from around 2,900 people in the 1990s to some 5,000 today. By Garry Boulard
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