Skip to content
  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Login
  • Home
  • Sales
    • 1st Quarter Sales
    • 2nd Quarter Sales
    • 3rd Quarter Sales
    • 4th Quarter Sales
  • Leases
  • Advertise
  • Subscribe
  • Login

KB Home Buys 13.2 Acres from Arizona State Land Department in Tucson

  • Home
  • 1st Quarter Sales
  • KB Home Buys 13.2 Acres from Arizona State Land Department in Tucson
1st Quarter Sales
/
March 25, 2026
/
Karen Schutte
image_pdfimage_print

KB Home

TUCSON, AZ (March 25, 2026) -- KB Home purchased 13.2 acres from the Arizona State Land Department at public auction for future residential development in Tucson.

Located at the northwest corner of East Irvington Road and South Wingate Boulevard on Tucson’s east side, near Davis-Monthan Air Force Base and the University of Arizona, the parcel totals approximately 13.20 acres, more or less, according to auction materials. It sold for $1.32 million, equal to the appraised value.

The land was offered by the Arizona State Land Department and sold to KB Home, adding to the builder’s pipeline in the Tucson market. Specific plans for the site have not yet been announced, but the acreage is expected to be developed for housing. Depending on final entitlements and product type, the 13.2-acre site could likely support roughly 40 to 60 single-family homes, with higher yields possible under a smaller-lot plan.

The acquisition underscores continued homebuilder demand for well-located residential land in the Tucson metro, particularly in growth areas near major employers, established neighborhoods, and regional transportation corridors.

This marks KB Home's second successful bid in the past three Tucson auctions.

 

Share Now!

Recent Posts

  • Lennar Expands at Star Valley with $7.9 Million Lot Purchase
  • Glendale multi-tenant retail pad trades at $10.2M
  • Larsen Baker Partnership Acquires Rancho Vistoso Center in Oro Valley for $10.6 Million
  • Coming Soon: Hughes Federal Credit Union Event Center at Fox Tucson Theatre
  • Cohen & Steers REIT Acquires Sprouts-Anchored Oracle Crossings in Oro Valley for Combined $54.35 Million

Archives

Copyright © 2026 Real Estate Daily News
Website by: Heart and Soul Web Design

Scroll to Top