$425,000

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

Price per sqft$6.55

Lot size1.49 Acres

Property typeLand

Courtesy of Arizona Commercial, Denise Raney Listing Contact:

Overview

Active

Listed Mar 19, 2026

Updated 2 weeks ago

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.

Additional information

MLS^® ID: 1080415

Exterior Features

Lot Size: 1.49 Acres

Other Property Details

Taxes: $963
Tax Frequency: Annually
View: Yes

Courtesy of Arizona Commercial, Denise Raney

Listing Contact:

Listings courtesy of Prescott Area Association of Realtors as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jennifer Taege shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 2:52 AM UTC on 9/22/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.