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Lot/land
  • $425,000

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

    --beds
    --baths
    1.5Acres
    Multi Family, Land
    Built in ----
    1.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Excellent visibility and accessibilityFlat easy-to-build topography
    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.
    174 days
    10
    0

    Zillow last checked:

    Listing updated:

    Listed by:

    Denise Raney 928-710-2094,

    Arizona Commercial,

    Matthew Fish 480-309-1089,

    Arizona Commercial

    Source: PAAR as distributed by MLS GRID,MLS#: 1080415MLS Logo

      Facts & features

      Interior

      Features
      • Has fireplace: No

      Property

      Features
      • Fencing: None
      • Has view: Yes
      • View description: City, Valley
      Lot
      • Size: 1.5 Acres
      • Topography: Corner,Level
      Details
      • Has additional parcels: Yes
      • Parcel number: 35 & 3
      • Zoning: MR

      Utilities & green energy

      • Utilities for property: None

      Community & HOA

      Community
      • Subdivision: Luna Estates
      HOA
      • Has HOA: No
      Location
      • Region: Chino Valley

      Financial & listing details

      • Annual tax amount: $963
      • Date on market: 3/19/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        3/19/2026Listed for sale$425,000
        Source: PAAR as distributed by MLS GRID #1080415 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 86323

        Getting around

        40 / 100
        Car-Dependent
        37 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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