Description
$1.3 Billion VAI Resort (as of 11-4-26) ±2 mi.
west: VAI Global Development is building 1,100+
rooms in 4 towers, an 11,000-seat
amphitheater, lagoon & 9-acre Mattel
Adventure Park. ±70% complete; 6–8 story
towers topped out.
• As of 11-26, the 18 ARMLS closed resales on
0.3+ acre lots near the subject since 5-21
averaged $895K; see the comp map on page 7.
• Direct access to landscaped walking path and
Grand Canal which extends from Peoria to
Tempe.
• Site is 5 minutes from Loop 101, State Farm
Stadium, Westgate, Tanger Outlets, Cabela’s,
Topgolf, BMW and Tesla.
• Walking distance to Heroes Regional Park on 81
acres with library, fishing lake, soccer, skate
park, lighted fields and new pickleball courts.
• Seller may entertain a rezone to R1-10 PRD.
Documents
