10000 E University Drive

Prescott Valley, AZ 86314

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.

Listing courtesy of Matthew Fish of Arizona Commercial [email protected]

Based on information submitted to the MLS GRID as of 2026-03-04 06:28 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.