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1 Cove Pkwy This C-1 zoned property is centrally located in Cottonwood just east of the Safeway Shopping Center at the SE corner of Cove Parkway @ E. Cottonwood Street. Cove Parkway is an upscale office/commercial street that is convenient to the entire Sedona/Verde Valley trade area. It is occupied by various office, healthcare and commercial users. This is the largest undeveloped parcel on Cove Parkway. It is a fine location for professional uses or even apartments or condos. It could also be turned into an extension of Cottonwood Cove Subdivision.