399-443 W Palomino Road, Chino Valley, AZ 86323

$425,000

Property Type: Vacant Land Lot Size (sq. ft.): 65,340 Status: Active

Current Price: $425,000 List Date: 3/19/2026 Last Modified: 3/19/2026

Overview

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 renta ... (Read more)

Listing Details MLS# 1080415

ContractAddressLegal

Original List Price: 425000
Listing Price: 425000
Street #: 399-443
Direction: W
Street Name: Palomino
St Suffix: Road
City/Township: Chino Valley
State: AZ
Zip Code: 86323
County: Yavapai
Subdivision: Luna Estates
Tax Parcel: 306-06-035a & 036

General Property Description

Aprx Acres: 1.5
HOA Y/N: No
Solar Y/N: No

Tax Info

Taxes: 963
Tax Year: 2025
Mfg/Mobile: No

More Information

Property Features

Buildings: None Fencing: None Lot Improvements: None Building Restriction: Commercial; Multi-Family Utilities Installed: None Utilities Available: Electricity; Needs Well; Sewer/Septic Combo Views: Valley Road Frontage Type: City Street Road Surface Type: Paved Road Responsibility: City Maintained Road Records Available: None Subdivision Features: None

Listing Office: Arizona Commercial

Last Updated: March - 19 - 2026

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