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Multifamily Development Land Available
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Arroyo Norte Drive, New River, AZ

Infrastructure-ready land for 170 multifamily units near major employers.

Property SizeContact for details
Lot Size15.86 Acres
Days on Market480

Property Features for Arroyo Norte Drive

General Information

Standard status Active
Lot size 15.86 Acres
Property subtype LAND
Listing Agency: Berkadia - Phoenix
Listed By: Mark Forrester · License #SA676613000
Source: Moodyscre
Added: May 2, 2025 Changed: Aug 17 Last Checked: Aug 23 at 7:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkadia - Phoenix

Investment Insights

Based on property information with market context.

This property is infrastructure-ready for immediate development. Utilities are located in the street. The site is entitled for 170 multifamily units. It is located in proximity to employment hubs such as TSMC’s $165B manufacturing facility and Amkor Technology’s $2B advanced packaging and test facility. The property is a 1.5 mile drive from approximately 293,000 square feet of high-end retail at Outlets at Anthem. There are no Anthem HOA restrictions.

Key Highlights

  • 170 fully entitled multifamily units ready for your vision.
  • Infrastructure‑ready for immediate development with utilities in the street.
  • Benefit from proximity to significant employment hubs like TSMC and Amkor Technology.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Land - Infrastructure-ready land for 170 multifamily units near major employers.
Where is this land located?
The property is located at Arroyo Norte Drive New River, AZ.
What is the asking price?
The asking price for this property is $10,800,000.
What are key features of this property?
This property features: 170 fully entitled multifamily units ready for your vision.; Infrastructure‑ready for immediate development with utilities in the street.; Benefit from proximity to significant employment hubs like TSMC and Amkor Technology.
(602) 912-1630 Call to check price and availability
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