10000 E University Drive, Prescott Valley, AZ 86314
$15,000,000
Property Type:
Multi-Family
Square Footage:
54,552
Lot Size (sq. ft.):
2,147,944
Status:
Active
Current Price:
$15,000,000
List Date:
2/24/2026
Last Modified:
2/24/2026
Listing Details MLS# 1079756
ContractAddressLegal
- Original List Price
- 15000000
- Listing Price
- 15000000
- Street #
- 10000
- Direction
- E
- Street Name
- University
- St Suffix
- Drive
- City/Township
- Prescott Valley
- State
- AZ
- Zip Code
- 86314
- Subdivision
- None
- County
- Yavapai
- Tax Parcel
- 402-14-239b
General Property Description
- Lot #
- Yes
- Bedrooms Possible
- 259
- Aprx Acres
- 49.31
- Total Liveable SqFt
- 54552
- Source of Measuremnt
- County Assessor
- Buildings
- Yes
- Stories
- 3
- Year Built
- 2005
- Management
- Owner
- Solar Y/N
- No
- Baths - Full
- 259
- More than 5 Units
- Yes
Tax Info
- Taxes
- 107763
- Tax Year
- 2025
Contract/Address/Legal
- List Price/SqFt
- 275
- Rent/Lease
- No
- Neighborhood
- N/A
- REO/Short Sale
- Not Applicable
- Zoning
- RS
- Assessor's Book #
- 402
- Assessor's Map #
- 14
- Assessor's Parcel #
- 239
- Assessor Parcel Ltr
- b
- Legal
- AN IRREEG PCL NW4 NW COR BEING NW COR SEC 17-14-1E CONT. 49.31AC
Remarks & Misc
- Directions
- Prescott Valley - State Route 69 to north on Navajo to east on Superstition to south on Sheridan to east on University Dr. University Dr. ends at the property.
- Remarks
- Fully Entitled, Shovel-Ready Senior Living Development Opportunity | Prescott Valley, Arizona Offered for sale is a fully entitled, shovel-ready Senior Living development ideally located in the heart of Prescott Valley, Arizona--one of Northern Arizona's fastest-growing retirement markets. The project is anchored by an existing 54,552 square foot, three-story former university building, which is planned to serve as the community's central hub. This structure is well-suited to accommodate a wide range of community and care-related uses, including memory care, medical clinic space, restaurant and dining facilities, wellness and fitness amenities, and residential units. The development is fully approved for up to 259 residential units consisting of a thoughtfully designed mix of apartments, single-family cottages, and townhomes. The project allows for either a 55+ Active Adult community or a full Continuing Care Retirement Community (CCRC), providing flexibility to meet evolving market demand. Planned amenities include multiple dining venues, pickleball and tennis courts, and additional lifestyle and wellness features designed to support a vibrant senior living environment. Strategically positioned near the center of Prescott Valley, the property benefits from convenient access to major arterial roadways and is located less than two miles from the area's primary retail and medical corridor, which includes regional shopping, dining, entertainment, banking, professional services, and hospital facilities. The site also offers attractive mountain views and proximity to abundant outdoor recreational opportunities. Importantly, the project is situated within a rapidly expanding growth corridor, with surrounding land planned for approximately 2,000 additional single-family homes and complementary commercial development, further enhancing long-term demand and investment value.
Office/Member Info
- Listing Exclusions
- Yes
More Information
Building Type
- 5+ Units
- Yes
Construction
- Brick
- Yes
- Frame - Steel
- Yes
Cooling
- Central Refriger
- Yes
- Gas Pack
- Yes
- Whole Bldg Fan
- Yes
- Zoned
- Yes
External Amenities
- Fence
- Yes
- Handicap Access
- Yes
- Landscaped
- Yes
- Patio/Deck/Balcony
- Yes
- Separate Storage
- Yes
- Sprinkler/Drip
- Yes
Flooring
- Carpet
- Yes
- Tile
- Yes
Heating
- Electric
- Yes
- Hot Water
- Yes
- Natural Gas
- Yes
- Steam
- Yes
- Zoned
- Yes
Owner Pays
- All
- Yes
Records Available
- Record of Survey
- Yes
- Other - See Remarks
- Yes
Road Frontage Type
- City Street
- Yes
- Private Road
- Yes
Road Surface Type
- Asphalt
- Yes
- Paved
- Yes
Road Responsibility
- Private Maintained Road
- Yes
Roof
- Welded Membrane
- Yes
- Other - See Remarks
- Yes
Showing Requirements
- Call Listing Office
- Yes
Terms & Conditions
- 1031 Exchange
- Yes
- Assumable
- Yes
- Conventional
- Yes
- Free and Clear
- Yes
- Own/Bld Suit
- Yes
- Submit
- Yes
- Trade
- Yes
Utilities Installed
- 220
- Yes
- 3 Phase
- Yes
- Electricity
- Yes
- Individual Meter
- Yes
- Natural Gas
- Yes
- Telephone
- Yes
- Water - City
- Yes
- WWT - City Sewer
- Yes
Water Heater
- Central Boiler
- Yes
- Re-Circulating
- Yes
- Two or More
- Yes
Property Features
Building Type:
5+ Units
Construction:
Brick; Frame - Steel
Cooling:
Central Refriger; Gas Pack; Whole Bldg Fan; Zoned
External Amenities:
Fence; Handicap Access; Landscaped; Patio/Deck/Balcony; Separate Storage; Sprinkler/Drip
Flooring:
Carpet; Tile
Heating:
Electric; Hot Water; Natural Gas; Steam; Zoned
Owner Pays:
All
Records Available:
Record of Survey; Other - See Remarks
Road Frontage Type:
City Street; Private Road
Road Surface Type:
Asphalt; Paved
Road Responsibility:
Private Maintained Road
Roof:
Welded Membrane; Other - See Remarks
Showing Requirements:
Call Listing Office
Utilities Installed:
220; 3 Phase; Electricity; Individual Meter; Natural Gas; Telephone; Water - City; WWT - City Sewer
Water Heater:
Central Boiler; Re-Circulating; Two or More
Listing Office:
Arizona Commercial
Last Updated: February - 24 - 2026
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