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Property profile & analytics
OFF-MARKET
Land

3454 Co Rd Littlefield, AZ 86432

114 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 114 ac (4,965,840 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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