10000 E University Drive, Prescott Valley, AZ 86314
Local realty services provided by:CENTURY 21 Arizona West
10000 E University Drive,Prescott Valley, AZ 86314
$15,000,000
- - Beds
- - Baths
- 54,552 sq. ft.
- Multi-family
- Active
Listed by: matthew fish
Office: arizona commercial
MLS#:1079756
Source:AZ_PAAR
Price summary
- Price:$15,000,000
- Price per sq. ft.:$274.97
About this home
Fully Entitled, Shovel-Ready Senior Living Development Opportunity | Prescott Valley, ArizonaOffered for sale is a fully entitled, shovel-ready Senior Living development ideally located in the heart of Prescott Valley, Arizona--one of Northern Arizona's fastest-growing retirement markets. The project is anchored by an existing 54,552 square foot, three-story former university building, which is planned to serve as the community's central hub. This structure is well-suited to accommodate a wide range of community and care-related uses, including memory care, medical clinic space, restaurant and dining facilities, wellness and fitness amenities, and residential units.The development is fully approved for up to 259 residential units consisting of a thoughtfully designed mix of apartments, single-family cottages, and townhomes. The project allows for either a 55+ Active Adult community or a full Continuing Care Retirement Community (CCRC), providing flexibility to meet evolving market demand. Planned amenities include multiple dining venues, pickleball and tennis courts, and additional lifestyle and wellness features designed to support a vibrant senior living environment.Strategically positioned near the center of Prescott Valley, the property benefits from convenient access to major arterial roadways and is located less than two miles from the area's primary retail and medical corridor, which includes regional shopping, dining, entertainment, banking, professional services, and hospital facilities. The site also offers attractive mountain views and proximity to abundant outdoor recreational opportunities.Importantly, the project is situated within a rapidly expanding growth corridor, with surrounding land planned for approximately 2,000 additional single-family homes and complementary commercial development, further enhancing long-term demand and investment value.
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Home facts
- Year built:2005
- Listing ID #:1079756
- Added:2 day(s) ago
- Updated:February 26, 2026 at 04:03 PM
Rooms and interior
- Flooring:Carpet, Tile
- Living area:54,552 sq. ft.
Heating and cooling
- Cooling:Central Refrigeration, Zoned
- Heating:Electric, Hot Water, Natural Gas, Steam, Zoned
Structure and exterior
- Year built:2005
- Building area:54,552 sq. ft.
- Lot area:49.31 Acres
- Construction Materials:Brick, Steel Frame
- Exterior Features:Fence, Sprinkler/Drip
- Levels:3 Story
Utilities
- Sewer:City Sewer
Finances and disclosures
- Price:$15,000,000
- Price per sq. ft.:$274.97
- Tax amount:$107,763 (2025)
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