Both other agents that responded to your question gave you good answers and asked good questions. Having sold lots of land in that area and all over the east mesa I know three things that are most important:
1. Are the utilities in place or if they are not how close are the electric, phone, & water. There is no gas or
sewer in that area, so is there a septic?
2. Getting bank financing for land is difficult and the required down payment may be as much as 30%.
3. In the actual Moongate area your land will sell better if a mobile home would be allowed.
All of this said, if you were able to offer owner financing with 10-15% down, an interest rate of let's say 6%, with affordable payments, you could balloon the principal balance in 3-5 yrs. and get a better over all price for the property without having to deal with banks or appraisers.
Arrington's Theatre of Homes Real Estate