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    33Acres Martin Luther King Jr. Pkwy Sierra Vista, AZ 85635

    For Sale
    $4,000,000

    Multi Family - Sierra Vista, AZ

    Type:Multi Family
    Lot size:
    33.00 Acres
    Days on Market:
    119
    Last Refresh:
    Dec 11 at 11:06 am

    Property Features for 33Acres Martin Luther King Jr. Pkwy

    General Information

    Property type
    Land
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    Cochise - MFR
    APN
    10646022B
    Lot size
    33.00 Acres

    Building Details

    Architectural style
    Other

    J Vincent Company (520) 548-0216 [email protected]

    Listing agent Jim Vincent (520) 548-0216

    Listing date Aug 15, 2025

    MLS# 22419893 Listing URL

    Copyright © 2025 Multiple Listing Service of Southern Arizona. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sierra Vista Multifamily Development Opportunity

    This approximately 33-acre parcel is located in Sierra Vista, Arizona. The property is zoned for multifamily use. It is located within walking distance of Cochise College and the University of Arizona's Sierra Vista campus. The property is directly across from Veteran's Memorial Park and the Sierra Vista Aquatic Center, and minutes from Fort Huachuca Army Base. The site is flat and shovel-ready, situated in an infill location with approximately 1,900 feet of frontage along a fully signalized intersection. A major retail power center, featuring Lowe's, Walmart, and Target, is less than half a mile away. The zoning allows for multifamily housing, townhomes, single-family residences, elder care facilities, or small-scale commercial development, with the option to rezone for broader commercial uses. The property is surrounded by state-owned land and supported by a development-friendly community, making it suitable for residential or mixed-use projects and presenting a student housing opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Sierra Vista
    County
    Cochise
    State
    Arizona
    Longitude
    -110.268989
    Latitude
    31.559123

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    FAQs

    What type of property is this?
    Land - 33-acre parcel zoned for multifamily use in Sierra Vista, AZ.
    Where is this land located?
    The property is located at 33Acres Martin Luther King Jr. Pkwy Sierra Vista, AZ.
    What is the asking price?
    The asking price for this property is $4,000,000.
    What are key features of this property?
    This property features: - Zoned for multifamily use, allowing diverse residential or mixed-use projects.; - Prime location within walking distance of Cochise College and University of Arizona Sierra Vista campus, ideal for student housing.; - Flat, shovel-ready infill location with approximately 1,900 feet of frontage at a signalized intersection.
    (520) 548-0216
    Request Owner's contact information
    33Acres Martin Luther King Jr. Pkwy Sierra Vista, AZ 85635
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    33Acres Martin Luther King Jr. Pkwy Sierra Vista, AZ 85635
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