Newest Homes for Sale in Tonopah, AZ

• 

  

  

  /8

  $44,995

  $5K PRICE DROP

  • Land
  • 7.2 Acres
  • $6,249 per Acre

  165XX S Burger St Unit Lot A, Tonopah, AZ 85354

  Seller willing to carry; 7.2 acre ranches for as little as $2,995 the rest can be held with an owner carry financing! Don't miss your chance to own a sprawling 7.2 acre ranch parcel, in the West Valley. Great West Valley location, peaceful and private living for a custom home, your own ranch or a family compound! The West Valley is expanding rapidly, which gives this parcel great investment

  George Laughton My Home Group Real Estate

  165XX S Burger St Unit Lot A, Tonopah, AZ 85354
• 

  

  

  /8

  $49,779

  • Land
  • 7.2 Acres
  • $6,914 per Acre

  165XX S Burger St Unit Lot B, Tonopah, AZ 85354

  Seller willing to carry; 7.2 acre ranches for as little as $2,995 the rest can be held with an owner carry financing! Don't miss your chance to own a sprawling 7.2 acre ranch parcel, in the West Valley. Great West Valley location, peaceful and private living for a custom home, your own ranch or a family compound! The West Valley is expanding rapidly, which gives this parcel great investment

  George Laughton My Home Group Real Estate

  165XX S Burger St Unit Lot B, Tonopah, AZ 85354
• 

  

  

  /8

  $49,779

  • Land
  • 7.2 Acres
  • $6,914 per Acre

  165XX S Burger St Unit Lot D, Tonopah, AZ 85354

  Seller willing to carry; 7.2 acre ranches for as little as $2,995 the rest can be held with an owner carry financing! Don't miss your chance to own a sprawling 7.2 acre ranch parcel, in the West Valley. Great West Valley location, peaceful and private living for a custom home, your own ranch or a family compound! The West Valley is expanding rapidly, which gives this parcel great investment

  George Laughton My Home Group Real Estate

  165XX S Burger St Unit Lot D, Tonopah, AZ 85354
• 

  

  

  /8

  $49,779

  • Land
  • 7.2 Acres
  • $6,914 per Acre

  165XX S Burger St Unit Lot E, Tonopah, AZ 85354

  Seller willing to carry; 7.2 acre ranches for as little as $2,995 the rest can be held with an owner carry financing! Don't miss your chance to own a sprawling 7.2 acre ranch parcel, in the West Valley. Great West Valley location, peaceful and private living for a custom home, your own ranch or a family compound! The West Valley is expanding rapidly, which gives this parcel great investment

  George Laughton My Home Group Real Estate

  165XX S Burger St Unit Lot E, Tonopah, AZ 85354
• 

  

  

  /31

  $111,000

  $9K PRICE DROP

  • Land
  • 12.03 Acres
  • $9,227 per Acre

  527XX W Glendale Ave, Tonopah, AZ 85354

  Great location to buy 12+ acres in the Harquahala Valley, just minutes from Interstate 10. This property offers excellent potential, whether you're looking for an investment opportunity to subdivide, a private setting to build your dream home, or space for a variety of uses. This parcel is not located in a flood plain. Electricity is located just north- across the street, making development more

  

  Kelly Meadows

  Realty ONE Group

  (480) 319-6822

  527XX W Glendale Ave, Tonopah, AZ 85354
• 

  

  /18

  $309,000

  $16K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,001 Sq Ft

  2433 S 357th Ln, Tonopah, AZ 85354

  MOVE IN READY NEW CONSTRUCTION!!!! Builder offering a limited-time $7,500 incentive toward buyer closing costs or rate buy-downs! Welcome to the 2001 Plan—a stunning new construction home that perfectly blends modern design with rural charm. This spacious 4-bedroom, 2-bath residence features jaw-dropping finishes, an open-concept layout, and a massive flex room perfect for a home office, gym, or

  Brendon Adcox Gentry Real Estate

  2433 S 357th Ln, Tonopah, AZ 85354
• 

  

  /27

  $250,000

  $50K PRICE DROP

  • Land
  • 3.67 Acres
  • $68,120 per Acre

  335XX S 335th Ave Unit 1, Tonopah, AZ 85354

  3.67 acres with spectacular mountain views. The land is flat, has water, and electricity nearby. Build your own custom home with plenty of space for animals, toys, and outdoor living. The property could be subdivided into three 1-acre parcels. The property is surrounded by new custom homes. Property is near schools, stores, and I-10.

  

  Anna Houck

  West USA Realty

  (480) 845-0472

  335XX S 335th Ave Unit 1, Tonopah, AZ 85354
• 

  

  /25

  $35,000

  • Land
  • 1 Acre
  • $35,000 per Acre

  64xx N 416th Dr, Tonopah, AZ 85354

  Come see this 1 acre lot in the Phoenix West Estates 6 subdivision. Easy access from the 411th Ave exit, which is paved all the way to Bethany Home Rd. Rose Lane is a well maintained dirt road. No flood plain. No restrictions on building other than county requirements. Custom homes & manufactured homes nearby. Build your dream home or buy and hold. Under ground power is in the area. Inquire with

  

  Kelly Meadows

  Realty ONE Group

  (480) 690-2018

  64xx N 416th Dr, Tonopah, AZ 85354
• 

  

  /20

  $129,000

  • Land
  • 10 Acres
  • $12,900 per Acre

  9XX N 519th Ave, Tonopah, AZ 85354

  What a great opportunity to acquire 10 acres with SELLER FINANCING! Power and water are in the area. Inquire with Global Water to confirm the cost of hook up and APS is the power company. Easy access to the freeway, yet very private area surrounded by farms. Not far from the Fire District, Irrigation office and the Rio Valley Market with the little restaurant in it. Mountain views to give you

  

  Kelly Meadows

  Realty ONE Group

  (480) 439-0485

  9XX N 519th Ave, Tonopah, AZ 85354
• 

  

  /5

  $99,000

  • Land
  • 1.29 Acres
  • $76,744 per Acre

  1XXX S 355th Ave, Tonopah, AZ 85354

  This prime parcel offers the perfect blend of paved road access, ready-to-connect electricity and water, and the privacy you crave, all while being nestled among beautiful ranch homes. Your dream home starts here!

  Pablo Robles Garcia Realty ONE Group

  1XXX S 355th Ave, Tonopah, AZ 85354
• 

  

  /12

  $550,000

  • Land
  • 9.1 Acres
  • $60,440 per Acre

  002 W Salome Hwy, Tonopah, AZ 85354

  Fantastic investment opportunity with paved road access. Beautiful panoramic view. Very few neighbors. Great location for a custom or manufactured home. Located near I-10 and the masterplan community Belmont. No HOA and plenty of room for Horses, Toys & RV parking. Additional Maricopa County parcel # 506-44-108K. Property tax are for both parcels.

  Clayton Rawlings Western Land Company, L.L.C.

  002 W Salome Hwy, Tonopah, AZ 85354
• 

  

  /32

  $459,000

  $16K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,835 Sq Ft

  1127 N 358th Ave, Tonopah, AZ 85354

  Beautiful 1 acre home 10ft ceiling 3 bedroom 2 bathroom with spray foam insulation throughout the house including the garage, and synthetic stucco, very spacious laundry room, pantry front and back patio, spacious and beautiful master bedroom with walk in closet and beautiful spacious master bathroom, perfect for a family who want to be far from the city with your own septic tank and with a

  Ana Bravo Realty ONE Group

  1127 N 358th Ave, Tonopah, AZ 85354
• 

  

  /10

  $948,000

  • Land
  • 4.3 Acres
  • $220,465 per Acre

  001 W Salome Hwy, Tonopah, AZ 85354

  Fantastic investment opportunity in Tonopah. 4.3 acres in the process of being rezoned to commercial with paved road frontage on Salome Hwy. Additional Maricopa County parcel # 506-44-076J. Property tax are for both parcels.

  Clayton Rawlings Western Land Company, L.L.C.

  001 W Salome Hwy, Tonopah, AZ 85354
• 

  

  /7

  $79,000

  • Land
  • 1.03 Acres
  • $76,699 per Acre

  0 S 385th Dr Unit 6941960, Tonopah, AZ 85354

  Welcome to Wintersburg AZ. Where The desert Is adorned with small mountains & small town charm. This 1.025 Acre parcel Is situated just south Of the Salome Highway On S. 385th Dr. There will be three contiguous parcels For sale. 2 Parcels Are located on the hillside, And the other on the flatter foothills. 3 beautiful homes are at the end of the unpaved street. Only 53 minutes From downtown

  Tassie Jundt Realty Executives Arizona Territory

  0 S 385th Dr Unit 6941960, Tonopah, AZ 85354
• 

  

  /8

  $159,000

  • Land
  • 2.05 Acres
  • $77,561 per Acre

  00 S 385th Dr, Tonopah, AZ 85354

  Wintersburg awaits! With a population of 800, This private little Community is only 53 minutes East of downtown Phoenix, South of Interstate 10. There Are 3 Beautiful homes at the end of this unpaved street. Buy one parcel, Or all 5. This is a Highly sought after 2.049 acre lot, situated on a hillside, With unobstructed views to the north & east. This is a perfect location for the house of your

  Tassie Jundt Realty Executives Arizona Territory

  00 S 385th Dr, Tonopah, AZ 85354
• 

  /2

  $69,043,000

  • Land
  • 317 Acres
  • $217,801 per Acre

  0 N Wintersburg Rd Unit 6941511, Tonopah, AZ 85354

  Fantastic opportunity for multiple uses such as Data Center, Industrial, Outdoor Event Venue, Motorsports Park, Mixed-Use Commercial, and many other uses. * Easy access off of Interstate 10 with a built out traffic interchange at Wintersburg Road. *Multiple planned communities within close range of the property.

  Scott Truitt Western Land Company, L.L.C.

  0 N Wintersburg Rd Unit 6941511, Tonopah, AZ 85354
• 

  /2

  $45,000

  • Land
  • 4.64 Acres
  • $9,698 per Acre

  10681 S 531st Ave Unit 2, Tonopah, AZ 85354

  Come take a look at this beautiful piece of land in Eagle Tail Farms with the very best sunset views of Eagle Tail & Saddle Mountain. Not far from the 24,800 acres of land purchased by Bill Gates for a proposed and futuristic Smart City design. There is power on 531st Ave and irrigation potential! Splittable to 1 Acre lots.This land is very flat with no flood zones or wash issues. (NO CC&R'S)

  Nicole Orosco Real Broker

  10681 S 531st Ave Unit 2, Tonopah, AZ 85354
• 

  /2

  $500,000

  • Land
  • 9.51 Acres
  • $52,576 per Acre

  430 W Camelback Rd Unit 23, Tonopah, AZ 85354

  Great property for home builders. More lots may will be available in proximity of this lot in the future. Homes are selling for $450K in the neighborhood. This is an investment property with a potential income of $200K/Acre. Investors can build a house and sell acreage.

  Sam Randhawa HomeSmart

  430 W Camelback Rd Unit 23, Tonopah, AZ 85354
• 

  

  /19

  $370,500

  • Land
  • 19.03 Acres
  • $19,469 per Acre

  53800 W Butler Rd Unit 12, Tonopah, AZ 85354

  Prime 19-Acre Industrial Site | Fiber + Power + Proximity | Harquahala Plains, AZ Strategically located 3.5 miles from Salome Hwy and 16 miles from APS's Delaney Substation, this 19-acre flat, developable parcel is engineered for immediate industrial use. Situated in a proven utility corridor with full fiber-optic frontage and positioned within an INA water district, this is not speculative

  Bryce Perez RE/MAX Fine Properties

  53800 W Butler Rd Unit 12, Tonopah, AZ 85354
• 

  

  /68

  $399,900

  Open Sun 12PM - 3PM $15K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,630 Sq Ft

  42761 W Indianola Ave, Tonopah, AZ 85354

  Desirable Hidden GEM! NEW 4 Bed /2 bath, 1+ ACRES with NO HOA! Serene & Private Living with tons of potential to get creative & transform to your private paradise! 360 Amazing Mountain Views, and Breathtaking Sunsets! Near paved road, freeways and gas station! Bring all your toys and animals, Grow Crops/Garden, no restrictions here. Be welcomed by this inviting front porch! Walk in to discover

  Dora Estrella Realty ONE Group

  42761 W Indianola Ave, Tonopah, AZ 85354
• 

  

  /11

  $41,000

  $9K PRICE DROP

  • Land
  • 1.1 Acres
  • $37,273 per Acre

  39643 W Maricopa Lot 1 St, Tonopah, AZ 85354

  1.1 acres of buildable land with electricity. Just off paved roads, this 1.1 acres of buildable road with electricity is ready for you to enjoy the quiet rural life. Panoramic mountain views are ready for the ranch lifestyle. Close to the Palo Verde Nuclear Power Plant makes it convenient to build a home for employees or temporary housing for temporary employees. The seller is willing to discuss

  Michael Nicolai Avenue Home Realty

  39643 W Maricopa Lot 1 St, Tonopah, AZ 85354
• 

  

  /3

  $39,000

  $11K PRICE DROP

  • Land
  • 1.1 Acres
  • $35,455 per Acre

  39643 W Maricopa Lot 2 St, Tonopah, AZ 85354

  1.1 acres of buildable land with electricity. Just off paved roads, this 1.1 acres of buildable road with electricity is ready for you to enjoy the quiet rural life. Panoramic mountain views are ready for the ranch lifestyle. Close to the Palo Verde Nuclear Power Plant makes it convenient to build a home for employees or temporary housing for temporary employees. The seller is willing to discuss

  Michael Nicolai Avenue Home Realty

  39643 W Maricopa Lot 2 St, Tonopah, AZ 85354
• 

  

  /33

  $338,000

  $11K PRICE DROP

  • 5 Beds
  • 2 Baths
  • 2,128 Sq Ft

  5560 N 383rd Ave, Tonopah, AZ 85354

  Take advantage of this opportunity! Seller will contribute **$5000** towards buyers closing cost helping make this home even more affordable! Gorgeous brand new Clayton home that is completely move-in ready and can close in 30 days or less! This spacious open floor plan offers 5 bedrooms, 2 baths, and two versatile flex spaces ideal for a game room, study, or home office. Natural colored flooring

  Lori Soland West USA Realty

  5560 N 383rd Ave, Tonopah, AZ 85354
• 

  

  /7

  $47,000

  $3K PRICE DROP

  • Land
  • 1.25 Acres
  • $37,600 per Acre

  7841 S 343rd Ave, Tonopah, AZ 85354

  1.24 Acres with Water Rights - No HOA - Under $50KOpportunity knocks with this 1.24-acre lot tucked at the end of a quiet cul-de-sac, offering a rare blend of privacy, flexibility, and affordability. With a new capped shared well already in place and a freshly graded access road, much of the groundwork has been done for you. Designed with interior access for added seclusion, this parcel has

  Jose Reyes HomeSmart

  7841 S 343rd Ave, Tonopah, AZ 85354
• 

  

  /24

  $340,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,232 Sq Ft

  37713 W Coolidge Ave, Tonopah, AZ 85354

  Welcome to your peaceful desert retreat! This charming 3-bedroom, 2-bath mobile home with a private well sits on 2.5 acres of wide-open space in Tonopah, offering stunning mountain views and endless possibilities. Whether you're sipping coffee on the porch or taking in the sunset over the desert, you'll love the quiet, privacy, and room to grow. Bring your RVs, horses, or dreams of

  Marisol Herrera Alvarado eXp Realty

  37713 W Coolidge Ave, Tonopah, AZ 85354
• 

  

  /5

  $349,000

  $1K PRICE DROP

  • Land
  • 32.72 Acres
  • $10,666 per Acre

  0 W Salome Hwy Unit 30, Tonopah, AZ 85354

  Discover the perfect blend of accessibility and potential with this exceptional property, zoned R43. Ideally suited for your dream home, a family compound, or a savvy investment opportunity, this parcel offers the flexibility to be divided into 1-acre lots. For those seeking even greater possibilities, the adjacent 34.30-acre parcel to the east is also available for purchase. Combine these two

  Katrina Kain MCG Realty

  0 W Salome Hwy Unit 30, Tonopah, AZ 85354
• 

  

  /3

  $349,000

  $1K PRICE DROP

  • Land
  • 34.3 Acres
  • $10,175 per Acre

  0 W Saddle Vista -- Unit 29, Tonopah, AZ 85354

  This Tonopah parcel offers strong upside in a rapidly growing area. Zoned R-43, it allows for division into 1-acre lots—great for a dream build, a private estate, or a multi-home investment. Utilities are nearby; consider drilling your own well to unlock its full potential. The adjacent lot from the same sellers is also available, creating an opportunity to expand the footprint or assemble a

  Katrina Kain MCG Realty

  0 W Saddle Vista -- Unit 29, Tonopah, AZ 85354
• 

  

  /6

  $698,000

  $2K PRICE DROP

  • Land
  • 67.02 Acres
  • $10,415 per Acre

  0 W Salome Hwy Unit 30, Tonopah, AZ 85354

  Discover the perfect blend of accessibility and potential with this exceptional property, zoned R43. Ideally suited for your dream home, a family compound, or a savvy investment opportunity, two adjacent R-43 parcels totaling ±67 acres are both for sale! Zoning currently allows 1-acre minimum lots. Convenient frontage on W Salome Hwy and 427th Ave for easy in-and-out. Buyer to verify all facts

  Katrina Kain MCG Realty

  0 W Salome Hwy Unit 30, Tonopah, AZ 85354
• 

  /2

  $80,000

  $70K PRICE DROP

  • Land
  • 5.01 Acres
  • $15,968 per Acre

  0 W Steinway Dr Unit 63, Tonopah, AZ 85354

  Arizona's fastest growing and developing city of Tonopah. The town's development includes agriculture,energy, and residential growth.This is a great opportunity to own land with so much potential ,from setting a farm to having a home with no HOA . There's plenty of room for horses, RVs, side by sides, or ATVs. Dont forget being surrounded by natural mountain views and million dollar sunsets.

  Mabel Navarro DPR Realty LLC

  0 W Steinway Dr Unit 63, Tonopah, AZ 85354
• 

  /2

  $350,000

  • Land
  • 10.02 Acres
  • $34,930 per Acre

  0 W 411th 63 Ave W Unit 63, Tonopah, AZ 85354

  Arizona's fastest growing and developing city of Tonopah. The town's development includes agriculture,energy, and residential growth.This is a great opportunity to own land with so much potential from setting a farm to having a home with no HOA . There's plenty of room for horses, RVs, side by sides, or ATVs. Dont forget being surrounded by natural mountain views and million dollar sunsets.

  Mabel Navarro DPR Realty LLC

  0 W 411th 63 Ave W Unit 63, Tonopah, AZ 85354
• 

  

  /3

  $180,000

  • Land
  • 2.5 Acres
  • $72,000 per Acre

  0 N 367th Ave Unit 6928736, Tonopah, AZ 85354

  Discover endless possibilities with this 2.5-acre fully fenced property in Tonopah, Arizona. Surrounded by beautiful custom homes and ranches, this land is the perfect opportunity to invest, build your dream home, or create your own ranch. With wide-open desert views, peaceful surroundings, and easy access to major highways, you'll enjoy both tranquility and convenience.Whether you're a

  Oscar Oros HomeSmart

  0 N 367th Ave Unit 6928736, Tonopah, AZ 85354
• 

  

  /5

  $124,900

  • Land
  • 10.01 Acres
  • $12,478 per Acre

  0 Tbd -- Unit 63, Tonopah, AZ 85354

  Great investment land with a working well. This nice 10 acre lot is flat, cleared and ready for you to bring your RV and toys out to enjoy the AZ Wilderness. SELLER MAY CARRY. It has a private well with a pump that runs off a generator and a septic along with an RV shade. 5 acres of the land is fenced.

  Shelley Pendergast Western AZ Ranch & Real Estate LLC

  0 Tbd -- Unit 63, Tonopah, AZ 85354
• 

  

  /7

  $400,000

  $211K PRICE INCREASE

  • Land
  • 38 Acres
  • $10,526 per Acre

  xxxx9000 N Unit 30, Tonopah, AZ 85354

  Escape and claim your canvas in the desert—Lot 30 in Silver Star Ranch - Tonopah offers nearly 38 acres of raw, build-ready potential, nestled in the wide-open landscapes of Silver Star Ranch near the base of the Belmonts. With legally entitled water rights and out-of-pocket access to ADWR-permitted well drilling, this parcel isn't just rare—it's smart. Unencumbered by floodplain restrictions and

  Beth Cornell RealtyONEGroup Mountain Desert

  xxxx9000 N Unit 30, Tonopah, AZ 85354
• 

  

  /3

  $155,000

  $10K PRICE DROP

  • Land
  • 5 Acres
  • $31,000 per Acre

  0 W Baseline -- Unit 136 6924101, Tonopah, AZ 85354

  Discover the perfect blend of space and convenience on this 5+ acre parcel just minutes from I-10. Enjoy wide-open views, level terrain, and easy access, ideal for your custom home, small ranch, or weekend retreat. This parcel does not currently have a shared well, but the neighboring lot includes one, offering potential to inquire about shared access or install a private well. Plenty of room for

  Norma Velazquez A.Z. & Associates

  0 W Baseline -- Unit 136 6924101, Tonopah, AZ 85354
• 

  

  /10

  $29,900

  $3K PRICE DROP

  • Land
  • 1 Acre
  • $29,900 per Acre

  0 W Salome Hwy Lot 7 Hwy Unit 7, Tonopah, AZ 85354

  Incredible mountain views. 43,560 sf R1-35 zoning. Great opportunity to own a homestead that lies in the path of progress. Seller financing if approved with 30% down $9,990. Just $256.66/month. Surveyed 1 acre lot-savings $2,500. Power on adjacent lot and across the street—savings--Thousands. This part of Tonopah is an energy island due to 4,200 acres of solar farms in & around the area. South

  Wayne Hyatt My Home Group Real Estate

  0 W Salome Hwy Lot 7 Hwy Unit 7, Tonopah, AZ 85354
• 

  

  /13

  $94,900

  • Land
  • 10.01 Acres
  • $9,481 per Acre

  390XX W Southern Ave Unit 117, Tonopah, AZ 85354

  Wow! This property is a great value! Spectacular opportunity to own this 10-acre property offers the perfect blend of space, views, and potential. Buildable land and stunning views of the Palo Verde Mountains. With a balance of privacy and convenient access, this location is ideal for creating your own ranch, building a dream home, or holding as a smart real estate investment.Bring your toys

  Martin C. Sears West USA Realty

  390XX W Southern Ave Unit 117, Tonopah, AZ 85354
• 

  /2

  $499,999

  • Land
  • 113.31 Acres
  • $4,413 per Acre

  0 W Bethany Home Rd Unit 6922199, Tonopah, AZ 85354

  Located less than 5 miles from I-10 exit is a large 100+ acre parcel for your homestead ranch, future development or warehouse. This flat parcel is inline with the western expansion of Phoenix. Owner may carry, connect with agent for details!

  Ryan Loeding Real Broker

  0 W Bethany Home Rd Unit 6922199, Tonopah, AZ 85354
• 

  

  /8

  $210,000

  $39K PRICE DROP

  • Land
  • 9.98 Acres
  • $21,042 per Acre

  xx S Mountain Ave, Tonopah, AZ 85354

  A rare, no flood, flat, almost 10 acre piece on market in prime location Tonopah. Power is under 1/2 mile. Well digs are shallow in this area. Perfect location for a builder, small ranch, or family set up.

  Kevin Munson Real Broker

  xx S Mountain Ave, Tonopah, AZ 85354
• 

  /2

  $92,999

  • Land
  • 1.25 Acres
  • $74,399 per Acre

  347TH S Baseline Ave Unit X, Tonopah, AZ 85354

  Check out this lot right of 351 Ave and Baseline. Perfect landscape to build your dream home sitting on over an acre lot. Price reflects both lots together.

  Brisa Ramos DeLex Realty

  347TH S Baseline Ave Unit X, Tonopah, AZ 85354
• 

  

  /19

  $2,000,000

  • Land
  • 100.5 Acres
  • $19,900 per Acre

  54700 W Salome Hwy, Tonopah, AZ 85354

  Tucked just 4 miles off the Salome Highway exit in Harquahala Valley, this 100-acre parcel offers a powerful convergence of scale, proposed infrastructure, and interstate access—making it a prime candidate for mission-critical industrial deployment. With fiber optic connectivity running the full frontage, and flat, development-friendly topography, the site is fully prepped for next-generation

  Bryce Perez RE/MAX Fine Properties

  54700 W Salome Hwy, Tonopah, AZ 85354

Showing Results 401 - 440, Page 11 of 17