40 Acres next to Lucid Sells for $6.5 Million

* March 15, 2023 * Seller: Doug Keeling * Buyers: Ashland Group, Greenfield CP and Lake Worth Site Development * Sold for $6,500,000 * 40 acres ($162,500/ac), farmland * Land is currently in county but believed to be in the process of annexation * End use unknown, but at $3.73/sf for basically raw (unimproved) land, this […]

THINGS ARE GETTING PRICEY $$$

December 15, 2022 156.92ac @ SWC Arizona Farms and Felix Rds $15,692,000 or $100,000/ac or $2.30/sf cash Seller is Stacey Brimhall Buyer intent unknown, but at a price like that, some kind of development better be ready to happen

NAP’S AT IT AGAIN …

October 31, 2022 3 parcels totalling 617.58ac at the NWC Battaglia & Sunland Gin Rds $9,263,700 or $15,000/ac cash This adds to his recent purchases on the other side of Sunland Gin (blue arrows in map graphic)

VERMA EXTRACTS ANOTHER $4.5M IN CASA GRANDE LAND FLIP PROFITS

Three concurrent deals, so pay attention: June 15, 2022 Bought 187ac for $8,041,000 or $43,000/ac or 99¢/sf cash (2022-06246);  seller Kiefer Bought 160ac for $7,200,000 or $45,000/ac or $1.03/sf cash (2022-069250);  seller Lawrence (Nap/Spike) Sold 347ac (both together) later same day for $ 19,706,544 or $56,791/ac or $1.30/sf cash (2022-069308) Buyer/seller Verma et al acted as ARIZONA LAND CONSULTING LLC Multiple […]

ANOTHER BIG WESTSIDE CG FARM SELLS

May 24, 2022 313.9ac approx (gross 324ac less several exclusions, including an old dump at southwest corner of the property) $9,418,080 or $30,000/ac or 69¢/sf Seller was heirs of Hill family, longtime local farmers Buyer was investment group led by Dale Willis

SPEAKING OF CRAZY-HIGH PRICES …

… how about 945ac of farmland east of Eloy for $94,500,000 or $100,000/ac  or $2.30/sf?!!! Some things you just can’t make up.  But – hey – who am I to say this property won’t sell for that?!

VIEL GLUCK AND BEN FATTO ARE AT IT AGAIN

Two long–time SE Valley investment entities with a habit of buying/selling partial interests of various properties between themselves just transacted part of a large 11 Mile Corner area farm: Feb 16 2022 1,072ac farmland East of Tierra Grande; fronts west side of 87 south of 287 across 87 from Saint solar farm Partial interest (5.7%) transferred […]

LOCAL FARMER BUYS NICE 160ac FARM

DATE: March 16, 2016 AOPV: 2016-015490 SELLER:  CG-5 LOAN, LLC / Rader Family Trust by Katalin Rader and Garry Samuels (Pleasanton, CA) BUYER:   KEELING FAMILY PARTNERSHIP (Casa Grande, AZ) BROKERS:  unknown APN:  511-24-003 ADDRESS:  S/E/C Selma Hwy & Chui Chu Rd SIZE:  160ac MOL PRICE:  $1,440,000 cash COMMENTS:  Wow – nice piece but pretty spendy.   […]

New Church Site in Casa Grande

DATE:  January 8, 2016 AOPV:  2016-001206 SELLER:  ELAINE FARMS LLC et al (Carl Clapp, Casa Grande AZ) BUYER:   TRINITY LUTHERAN CHURCH OF CASA GRANDE BROKERS:  unknown APN:  a portion of 505-07-050-A ADDRESS:  N side Kortsen Rd between Trekell and Peart ZONING: n/a SIZE:  10ac MOL PRICE:  $500,000 ($50,000/ac approx) cash from new financing COMMENTS:  One […]