33acres Martin Luther King Jr. Parkway Unit -, Sierra Vista, AZ 85635

$3,750,000

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List Price
$3,750,000
Price Change
▼ $250,000 1783130298
Days on Market
714
Status
ACTIVE
MLS#
6743282
City
Sierra Vista
Lot Size
1,437,480

Property Description

+/- 33 acres of land zoned for multifamily use, located in the rapidly growing Sierra Vista, AZ. This prime property is ideally situated across from Veteran's Memorial Park and the Sierra Vista Aquatic Center. The land is flat and ready for development, offering an infill location just minutes away from Fort Huachuca Army base. It presents an excellent opportunity for multifamily development. The property is already zoned for residential multi-family or elder care, and the community is development-friendly. With approximately 1,900 feet of frontage and a fully signalized intersection, the site is less than half a mile from a major power center that includes commercial amenities like Lowe's, Walmart, and Target. The land is suitable for multi-family housing, townhomes, single-family residences, or elder care facilities, with potential for small-scale commercial use. There is also an opportunity for rezoning into commercial use. Surrounded by state-owned land, this property is a unique investment or development opportunity. Contact the broker for more details.

Additional Information

Acres
33
Electric
SSVEC
Lot Size
1,437,480
New Financing
Cash, Conventional, Owner May Carry
Taxes
$14,795
Tax Year
2023
Water
City Franchise
Zoning
MFR - Cochise

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Calculator source: Real Geeks

Listing courtesy of J Vincent Company.

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