3454 Co Rd Littlefield, AZ 86432
This exceptional 114-acre parcel in Littlefield, Arizona (APN: a portion of 402-30-033), presents a unique opportunity for developing a 55+ residential community. Located on Co Rd 3454, 86432, this site boasts guaranteed water rights sufficient for up to 800 single-family homes, a significant advantage in the Arizona market. The property's proximity to existing infrastructure, including a relatively new elementary, middle, and high school, enhances its appeal. Utilities are readily available, featuring the nation's lowest electricity rates at 5.5 cents per kWh and high-speed fiber optic internet access. A feasibility study strongly supports the viability of this project, citing the successful sale of 190 age-restricted homes within 15 minutes of the site in 2022, priced from the low $300,000s to the high $400,000s. The recommended density allows for approximately 322 single-family detached homes. This offering includes a joint venture opportunity for a qualified builder, significantly reducing upfront land costs. The owners are also open to selling the land outright. This is an exceptional chance to create a thriving age-restricted subdivision within a master-planned community framework.
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
Similar Nearby for Sale
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.