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24382 Val Vista Dr
Chandler, AZ 85249
24382 S Val Vista Drive · Land For Sale
·
8.97 AC


INVESTMENT HIGHLIGHTS
- Chandler has added 2,287 single-family homes since 2020, with just 121 more under construction as of September 2024.
- The site is surrounded by 22,000 residents within two miles, with an average household income of $164,800 and steady population growth of 1.63%
- The average home price in chandler is over $647K, which is a 3.7% increase from the previous year
- RU-43 zoning allows 1 home per acre, permitting up to 9 homes on the property
EXECUTIVE SUMMARY
Transwestern is pleased to exclusively present the opportunity to acquire the fee-simple interest in this ±8.97-acre development site. Currently unincorporated in the county of Maricopa but ideally located in the heart of Chandler, one of Arizona’s most resilient and high-demand housing markets. The property is currently zoned RU-43 and served by SRP power and City of Chandler water and sewer, providing a solid foundation for residential development.
South Chandler has consistently outperformed in terms of price stability, absorption, and buyer demand, positioning this site as a prime opportunity for custom homebuilders. While the property will attract interest from a broad spectrum of users, investors, and developers, market dynamics strongly favor single-family housing as the highest and best use. The site is currently zoned RU-43, which permits one home per acre and allows up to nine single-family residences as it sits today. This low-density zoning provides developers with immediate custom home potential while also offering the opportunity to pursue a rezoning for higher density, creating both near-term flexibility and long-term upside. With limited supply of comparable land and a multifamily pipeline showing signs of saturation, this site offers a low-risk, high-demand environment for residential development.
South Chandler has consistently outperformed in terms of price stability, absorption, and buyer demand, positioning this site as a prime opportunity for custom homebuilders. While the property will attract interest from a broad spectrum of users, investors, and developers, market dynamics strongly favor single-family housing as the highest and best use. The site is currently zoned RU-43, which permits one home per acre and allows up to nine single-family residences as it sits today. This low-density zoning provides developers with immediate custom home potential while also offering the opportunity to pursue a rezoning for higher density, creating both near-term flexibility and long-term upside. With limited supply of comparable land and a multifamily pipeline showing signs of saturation, this site offers a low-risk, high-demand environment for residential development.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 8.97 AC |
| Property Type | Land | Cross Streets | Cloud Road |
| Zoning | RU-43 - RU-43 zoning allows 1 home per acre, permitting up to 9 homes on the property. | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 8.97 AC |
| Cross Streets | Cloud Road |
| Zoning | RU-43 - RU-43 zoning allows 1 home per acre, permitting up to 9 homes on the property. |
1 LOT AVAILABLE
Lot
| Lot Size | 8.97 AC |
| Lot Size | 8.97 AC |
DESCRIPTION
A fee-simple ±8.97-acre development site. Currently unincorporated in the county of Maricopa but ideally located in the heart of Chandler, one of Arizona’s most resilient and high-demand housing markets. The property is currently zoned RU-43 and served by SRP power and City of Chandler water and sewer, providing a solid foundation for residential development.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $194,401 CAD | Total Assessment | $194,401 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$194,401 CAD
Improvements Assessment
$0 CAD
Total Assessment
$194,401 CAD
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