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399-443 W Palomino Rd
Chino Valley, AZ 86323
Multi Family Development Opportunity · Land For Sale
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1.50 AC
Investment Highlights
- 1.5-acre level parcel in the growing community of Chino Valley Zoned MR (Multi-Residential) allowing for multifamily development
- Preliminary approval in place for a 14-unit apartment complex
- Zoned MR (Multi-Residential) allowing for multifamily development
Executive Summary
Property Facts
1 Lot Available
Lot 35 & 3
| Price | $592,663 CAD | Lot Size | 1.50 AC |
| Price Per AC | $395,108.34 CAD |
| Price | $592,663 CAD |
| Price Per AC | $395,108.34 CAD |
| Lot Size | 1.50 AC |
Surrounded by expanding residential and rural development, 443 Palomino Road benefits from its proximity to Prescott while maintaining the privacy and open space that make Chino Valley highly desirable. The property presents a unique chance to secure
Description
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.
Property Taxes
| Parcel Number | 306-06-035A | Improvements Assessment | $0 CAD |
| Land Assessment | $79,690 CAD | Total Assessment | $79,690 CAD |
Property Taxes
