399-443 W Palomino Road, Chino Valley, AZ 86323
- $425,000
- List Price
- $425,000
- Acres
- 1.50
- MLS#
- 1080415
- Neighborhood
- N/A
- Subdivision
- Luna Estates
- Lot Size
- 64,904
Property Description
Located in the growing community of Chino Valley, this 1.5-acre level parcel presents an outstanding opportunity for multifamily development. Zoned MR (Multi-Residential), the property is ideally suited for apartment construction and is surrounded by a strong mix of established multifamily and commercial users, reinforcing its investment appeal.Positioned along a busy street, the site offers excellent visibility and accessibility, making it attractive for both developers and future tenants. The property benefits from preliminary approval for a 14-unit apartment complex, significantly reducing upfront planning time and accelerating the path to development.With its flat, easy-to-build topography, favorable zoning, and location in an area experiencing steady population growth and increasing housing demand, this parcel is primed for success. Aggressively priced, it represents a compelling opportunity for investors seeking to capitalize on Chino Valley's expanding demographics and rental market.
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Additional Information
- View
- City, Valley
- Building Restriction
- Commercial, Multi-Family
- Fencing
- None
- REO/Short Sale
- Not Applicable
- Taxes
- $963
- Tax Year
- 2025
- Topo Location
- Corner, Level
- Utilities Available
- Electricity, Needs Well, Sewer/Septic Combo
- Zoning
- MR
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Listing courtesy of Arizona Commercial.