33 Acres Hp5J+Mmg Sierra Vista, AZ 85635
This exceptional 33-acre parcel in Sierra Vista, Arizona, presents a remarkable opportunity for multifamily development. Ideally situated across from Veteran's Memorial Park and the Sierra Vista Aquatic Center, this flat, ready-to-develop land boasts approximately 1,900 feet of frontage on a fully signalized intersection. Its convenient location offers easy access to Fort Huachuca Army base and a major power center featuring Lowe's, Walmart, and Target, all within a half-mile radius. Currently zoned MFR (Multifamily Residential), allowing for multifamily housing, townhomes, or elder care facilities, the property also holds potential for rezoning into commercial uses. The land's infill location within a development-friendly community, combined with its proximity to amenities and a significant military base, ensures strong potential for high occupancy and rental rates. The Cochise County property (APN: 106-46-022B) is surrounded by state-owned land, offering a unique investment opportunity. The asking price is $4,000,000. Utilities include Sulphur Springs Electric. A virtual tour and map location are available online.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.