… sell! This one is right in front of seller (Bob Costanza’s) old gym now owned by Jim Suor. Bob’s been trying to get out of this piece for 20 years, the market finally got to the point where it was possible, at a very healthy price, even with seller terms. April 29, 2022 2.53ac $900,000 […]
CASA GRANDE HOLIDAY INN EXPRESS SELLS
It’s been well-known for a while now that owner Piyush Patel is trying to get out of all of his properties (hotels, land, restaurant) in Casa Grande. I guess his plan is working. April 29, 2022 $12,500,000 cash Buyer intentions unknown
SUN LIFE BUYS LAND (FOR EXPANSION?)
This parcel is across the street from their main Casa Grande facility which sits on 1.42ac … acquisition is presumably for expansion? April 20, 2022 10ac $4,356,000 or $10/sf cash Nice parcel, fair price?
SUOR’S MAKING SOME MONEY
LOCAL BUILDER MUST BE MAKING SOME MONEY Jim Suor’s been on a property-buying spree lately … there must be some money in high-end tract homes in Casa Grande. Latest acquisition is the commercial building at 930 E Florence Blvd, containing a laundromat, the Liquor Factory and other small businesses and used to include Pep Boys […]
MOST OF THE REMAINING NON-RAIL SERVED LOTS IN CAZCP CLOSE
Small industrial lots are getting kinda scarce on the HOT west side of Casa Grande, and this sale takes a bunch more of them off the market April 15, 2022 12 lots totaling 13.28ac (Pinal County Assessor) $2,283,154 or $3.95/sf cash Buyer will build a grow facility there Only two lots left in CAZCP
WE GOT A CHUCKLE OUT OF THIS
Often deep, profound Truths are lying by the side of the road unnoticed by most, but available to he who knows where to look for them
SMALL AZ CITY MULTI-FAMILY LOT ASSEMBLAGE GETS ALMOST $2/sf
Apartment land in Arizona City has been undervalued for a long time. Most lots have ALL infrastructure needed for development, and yet values are generally less than the cost of any ONE utility. So here’s a nice example of values heading to where they should be – MANY dollars per sq ft April 13, 2022 1.52ac […]
IMPORTANT (SOME DAY) RURAL CORNER SELLS
Looks like junk dirt now, but this funny piece may turn out to be a key corner smack dab in the middle of things: new things, industrial things, BIG things. With all the industrial growth westward from Casa Grande, eventually running into the sleeping giant of LEGENDS mixed-use master plan, all this piece needs is […]
LARGE FARM SALE NEAR NIKOLA
Kind interesting – a fairly large farm in a far corner of the county, near Nikola and also Eloy. Probably just farm, but seems like a good price based on other recent farms sales, and also where it is. Anyone agree? Disagree? March 6, 2022 929.46ac (APV) $8,227,694 or $8,853/ac cash Buyer intent unknown Tish […]
LOOKS KINDA CHEAP, LIKE SOMEBODY GOT A GREAT DEAL
Maybe there’s some unknown reason this 36ac sold so cheap … April 6, 2022 35.55ac $111,472 or $3,136/ac cash Buyer intent unknown
FINALLY, THIS PIECE FOUND A TAKER!
A remnant parcel created in the last boom which produced along with the subdivisions to its north, this great corner has been actively looking for a buyer for several years now. April 5, 2022 6.02ac (PCA records) $1,250,000 or $4.78/sf cash PAD zoning; use unknown – seems like it’s been touted form apartments Buyer intention […]
VERMA BUYS 160ac WAAAAAAAAY SOUTH ELOY
Actually, just across the Greene Reservoir Wash from some very attractive listings ROX COMMERCIAL has … check them out at roxcommercial.com April 2, 2022 156ac (PCA records) $160,000 or $1,026/ac cash
TOHONO O’ODHAM MEDICAL BUILDING BUY
Following their purchase of the lot next door, they also closed on 1876 E Sabin Dr, Suite C-2: April 2, 2022 6,212sf (PCA records), built in 2007 $1,500,000 or $241/sf cash Adjacent to 1.89ac lot buy (previous post)
A NEW HIGH $ FOR CASA GRANDE MEDICAL LAND?
The Tohono O’Odham tribe seems to be moving into medical property in the CG MEDICAL CAMPUS with this lot purchase: April 2, 2022 1.89ac $850,000 or $10.32/sf cash Intent unknown but they also bought the building next door (see next post)
OMG DID I READ THAT RIGHT?!
OMG DID I READ THAT RIGHT?! $110k?? For a MTN VIEW ESTS lot?? Just about a year ago most all of the remaining lots sold for in the $40k’s April 2, 2022 1.04ac $110,000 $60k cash down payment with seller carryback explains part of that price Nevertheless, a new high in MTN VIEW ESTS […]
147ac WEST SIDE CASA GRANDE
Likely to be industrial one day: April 2, 2022 146.72ac (2 parcels, Pinal County Assessor records) Part farm land Partially in FEMA flood zone $3,004,289 or $20,476/ac cash Buyer intention unknown
I-10 & WAVERLY 35ac
I-10 & WAVERLY 35ac April 2, 2022 35,16 ac (PAC) 5 lots averaging 7ac each $600,000 or $17,065/ac, or $120,000 per lot Buyer intent unknown … develop residential? Utilities unknown Kind of an interesting piece … kinda in the northeast foothills, buts fronts I-10
KEVIN PETERSEN’S STILL BUYING
KEVIN PETERSEN’S STILL BUYING… … so this run must not be over … although, deal DID record on April Fool’s day April 1, 2002 147.171ac (APV) NWC Hunt Hwy & Attaway Rd $6,181,182 or $42,000/ac cash Zoning mix / use unknown, probably mostly residential?
BUT WAIT, THERE’S MORE …
BUT WAIT, THERE’S MORE … What the nice, shiny article DIDN’T say was that these sharp promoters went to the trouble to add $1,258,652 to the price they paid before selling it to their own investment entity – marking it up to their own investors. Kinda a no-lose situation … So their own investors are now in […]
51ac @ HARD LUCID CORNER (SWC THORNTON & PETERS)
March 31, 2022 51.69ac (County Assessor) $7,181,910 or $139,000/ac or $3.19/sf Buyer VERMA LAND discusses the purchase here (subscription model)
LENNAR BUYS MORE LAND FROM ANDERSON-PALMISANO FARMS IN MARICOPA
LENNAR BUYS MORE LAND FROM ANDERSON-PALMISANO FARMS IN MARICOPA March 29, 2022 28ac mol Undeveloped farmland $1,116,072 or $39,860/ac cash