Leisure Valley RV Park in Casa Grande sells for $7 Million

September 8, 2023 Seller: Leisure Valley RV Park, LLC Buyer: MHV II Casa Grande Leisure Valley, LLC Sale Price: $7,000,000 10.39ac This sale is one of several manufactured housing communities that have sold this year negotiated by Park Brokerage and Commercial LLC “However, due to the supply constraints of the asset class, trophy assets in […]

Wallcon purchases 4.92 Acres in CG’s Sonoran Industrial Railpark for $1.1 Million

August 25, 2023 Seller: ROX Rent A Can, LLC Buyer: TWC-Grant Avenue Properties LLC Sale Price: $1,125,000 4.92ac ($5.25/sf) Business is called The Wall Companies or Wallcon Wallcon was founded in 2008, focusing on production slabs for production homebuilders. Since then, Wallcon established itself as one of the largest residential contractors in Arizona, expanding services […]

Land for a Proposed 574-unit Apartment Complex in Maricopa Sells!

August 24, 2023 Seller: Shaun Ridge LLC Buyer: DBG Properties LLC Sale Price: $11,860,582 20.17 Acres ($13.50/sf) This would be Maricopa’s Largest Apartment Complex Part of the Maricopa Station area- this would fulfill the residential portion https://www.inmaricopa.com/pz-gives-thumbs-up-to-plans-for-citys-largest-apartment-complex/ Land for a Proposed 574-unit Apartment Complex in Maricopa Sells!

Covered RV Storage coming to Maricopa?

August 18, 2023/August 24, 2023 Seller: BPR Renton, LLC (APV 2023-061232) Seller: Estrella Gin Business Park LLC ( APV 2023-062746) Buyer: CareFree Covered RV Storage Maricopa, LLC Sale Price: Combined $3,489,351 Combined 10.68 Acres ($7.50/sf) Covered parking for  vehicles and boats, as well as a two-story office building, an on-site wash bay, dump station and […]

Dykstra purchases 80 acres of land off of Kleck Rd.

August 14, 2023 Seller: Anita M. Kennedy Buyer: JKTT LLC (Jaime Dykstra, Dykstra Machinery) 80 Acres Sale Price: $800,000 ($10,000/ac $0.23sf) Dykstra Machinery is currently located at 3026 N. Rockwell Ave. Casa Grande cres cres Sale Price: $800,000 ($10,000/ac $.23sf) Dykstra Machinery is currently located at 3026 N. Rockwell Ave. Casa Grande Sale Price: $800,000 […]

Rousseau Farming Company Sale in Eloy

July 28, 2023 Seller: Rousseau Limited Liability Company Buyer: Lateral 20, LLC c/o Will Rousseau Sale Price: $3,500,000 Box Checked “NO” on 3 (b) are the buyer and seller related.  It is believed that they are related Possibly just a Entity Name Change or to establish a Valuation

1,773 Acres Sold as Part of a Master-Planned Community

June 2, 2023 Seller: Tousa Recovery Acquisition, LLC Buyer: Arizona RR Ranches, LLC Sale Price: $44,650,000 1,773 Acres ($25,183/ac) Developer already owns more than 7,000 acres between Casa Grande and Maricopa “This will be the next hot spot” https://www.bizjournals.com/phoenix/news/2023/06/15/john-wayne-red-river-ranch-community-maricopa.html?fbclid=IwAR2FptdT7QURsilUMK0LWWizOfdoElqwklPDMnwa_K4UP9cXvSqMxGSCDp4

City of Maricopa Sells Land just North of City Hall

May 25, 2023 Seller: City of Maricopa Buyer: Maricopa Land Acquisition I, LLC 3 Lots with 3 separate APV’s Combined Sale Price: $3,332,094 Total of 12.75 Acres ($261,340/ac) Seller Loan (Carryback) Speculation of Final Use but nothing Confirmed Speculation of Final Use but nothing Confirmed

SouthWestern Power Group Buys more Land in Pinal County

May 18, 2023 Seller: A. Tsakiris Family Limited Partnership Buyer: Red Stick Land Holdings, LLC Sale Price: $6,698,000 790 Acres ($8,478/ac) Entity is believed to be related to SouthWestern Power Group (SWPG) SWPG is an independent developer of utility-scale generation and transmission assets SWPG originally had the SunZia Project

Chemical Strategies, Inc. Expanding into CAZCP

May 5, 2023 Seller: Casa Grande 25 Investments, LLC Buyer: Williams and Meagher, LLC. Sale Price: $2,405,383 10.04 Acres ($239,580/ac) This sale leaves only 5 acres remaining out of 740-Acres in CAZCP Originally posted by John McGuire on Casa Grande Local Government & Economic Improvement Discussion FB Page https://www.bizjournals.com/phoenix/news/2023/05/25/chemical-strategies-semiconductor-arizona.html?csrc=6398&taid=646f5f623e1a2f0001dd030d&utm_campaign=trueAnthemTrendingContent&utm_medium=trueAnthem&utm_source=twitter  

Apartments coming to Pinal Ave/Oneil Dr?

April 28, 2023 Seller: Abiana, LLC Buyer: Sterling Development Investments, LLC Sale Price: $2,850,000 9.03 Acres ($315,615/ac) Believed to used for Apartments Originally posted by John McGuire on Casa Grande Local Government & Economic Improvement Discussion FB Page

792 Acres of Solar

March 24, 2023 Seller: Pinal Land Holdings, LLC Buyer: Boulevard Associates, LLC Sale Price: $15,840,000 792 Acres ($20,000/ac) Believed that the end user is NextEra Energy

Kortsen/Peart Land Sale…Twice

 March 24, 2023 Trinity Lutheran Church of Casa Grande sold to JNL Arizona Properties Sale Price: $1,000,000 for 10 acres ($100,000/ac) JNL Arizona Properties then sold to Toy Storage of Casa Grande Sale Price: $3,528,052 ($352,805/ac) Reason for the Dramatic Increase??? Development/Infrastructure Contributions????

Here’s how Pinal County could shape up over the next decade

Future focus on office, health care development By 2030, Pinal County is expected to grow by another 130,000 people focus on bringing office development, health care and tourism and entertainment options   https://www.bizjournals.com/phoenix/news/2023/03/23/pinal-county-arizona-industrial-growth-next-decade.html?utm_source=st&utm_medium=en&utm_campaign=ae&utm_content=PH&j=3093 9522&senddate=2023-03-23

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 […]

LOTS FOR NEW APARTMENTS CLOSE

In two separate transactions, the land underlying the new ROERS CASA GRANDE APARTMENTS development (***thanks for image to John McGuire’s Casa Grande Local Government &  Economic Improvement Discussion Facebook Page) 2022-126429:  7.3ac N of NWC Trekell Rd & Jimmie Kerr $1,099,236 or $3.36/sf cash 2022-126430:  3.34ac (2 parcels) $428,550 or $2.96/sf cash Blended parcel of 10.64ac […]

New industrial park proposed for Pinal County city of Eloy

50-acre site in Eloy Support the growing manufacturing base in Pinal County and companies like Lucid Motors, Nikola Corp., Kohler Co. and Procter & Gamble construction by the fourth quarter of 2023 Pinal County’s lower costs, workforce, housing and education options have continued to draw more companies to locate south of the Phoenix metro as […]

OPUS LANDS @ I8 / I10

December 22, 2022 21.8ac NWC Hanna & Sunland Gin Rds $4,746,580 or $5/sf cash Seems that buyer is intending “spec”  industrial space;  site construction fencing is being erected immediately

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

INDUSTRIAL LAND IN WEST CASA GRANDE IS KINDA HOT …

… and one of the few remaining lots in the City’s original industrial park just closed November 30, 2022 4.94ac just east of HEXCEL on Gila Bend Hwy / Hwy 84 $865,000 or $4.02/sf cash Seller was local media company owner family (Kramer) Parcel presumably has all utilities to site, and existing industrial zoning in place Buyer was […]

Master-planned community with homes, apartments proposed for Pinal County

The site totals about 761 acres located in the northern part of the county at the southwest corner of Arizona Farms and Felix roads. Pinal County vote on project expected in December About 40 acres of the site would also be designated for commercial uses https://www.bizjournals.com/phoenix/news/2022/11/30/arizona-el-dorado-holdings-homes-pinal-county.html?ana=emailafriend    

LARGE LAND SALE IN ELOY

November 23, 2022 601.13ac raw land (from Assessor records) generally south of Selma Hwy and west of 11 MIle Corner Rd $11,849400 or $19,712/ac cash Buyer is a solar energy farm developer NOTE:  This APV is a total mess – various representations on P1 are not factual, but the associated deed was used for actual parcels […]

PRIME COMMERCIAL LAND ON FLORENCE BLVD SELLS

November 16, 2022 .9931ac between Auto Zone and CVS $820,171 or $18.96/sf cash Buyer and seller are related;  parcel is one of four owned by seller split from larger parcel Price seems high for unimproved lot without physical access;  unknown what site improvements were included in this sale or internal price determination between buyer/seller Buyer intention unknown

CHIP-MAKING JUGGERNAUT TSMC EYES MULTIBILLION-DOLLAR ARIZONA FACTORY EXPANSION

While this semiconductor plant is planned for north of Phoenix, it will sure have a big impact on the semiconductor chemical facilities coming into Pinal County. “TSMC’s new facility would manufacture so-called 3-nanometer transistors, some of the tiniest and most lightning-fast currently possible, the people said.” https://www.wsj.com/articles/chip-making-juggernaut-tsmc-eyes-multibillion-dollar-arizona-factory-expansion-11667973859

Public hearing and consideration of a request by Mesa Cobre Holding Corporation for a Temporary Use Permit (DSA-22-00200)

Mesa Cobre proposes to conduct mineral exploration drilling activities within a 7,000-acre area in the City Mineral exploration drilling activities located north of West Gila Bend Hwy., south of Maricopa/Casa Grande Hwy., east of North Indian Valley Rd. and west of Bianco Rd. Mesa Cobre Holding Corporation on behalf of Ivanhoe Electric Requests authorization from […]

CASA GRANDE COMMERCIAL (MEDICAL?) LOT SELLS CHEAP

September 30, 2022 2.5ac in MONUMENT VILLAGE, an “old” commercial lot subdivision that started primarily as a medical office area, but now includes a Social Security Admin office, which is a converted medical office $212,000 or $1.95/sf cash Principal of buyer entity Rajneesh Punnakkattu is a Casa Grande-area pulmonologist, so purchase is believed to be for new […]

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 […]

LAST BIG LOT IN VIP/SONORAN INDUSTRIAL PARK SELLS

With the crush of giant new Industrial plants, it was inevitable that smaller, fully-serviced industrial lots would become scarce.  The VIP and SONORAN INDUSTRIAL parks tick all the boxes:  already subdivided into smaller lots, with all infrastructure and even some rail, appropriate zoning, and on the industrial side of town, ESPECIALLY WITH THE DIFFICULTY OF […]

**NEW LISTING – SOUTH ELOY ACREAGE – 833ac

SUPER large package of rural acreage, perfect for buyers seeking the solitude and beauty of the south Eloy area. Poised north of the Greene Reservoir Wash, these parcels have views to forever of the Sawtooth Mountains and the Silverbells. Sunland Gin Rd is paved all the way from Arizona City down to Silverbell Estates, and […]

ELOY “SPEC” LAND

Not a lot happening in true speculative land buys lately in this part of the County.  This one – although NOT a corner – is nicely situated and probably a pretty good buy @ $7,599/ac. Feb 16, 2022 42.61ac E of NEC 11 MIle Corner Rd and Hanna NOT the corner Between Eloy Muni Airport […]

180ac SWC STOREY/COTTONWOOD & HACIENDA

January 14, 2022 Closed at $32,000/ac or 73¢ /sf Buyer intent unknown We think that’s a nice piece – south side of Cottonwood/Storey , east of Freeway, north of the Promenade – at a nice price. All it needs is water … and sewer … and zoning … and a freeway interchange …

CAR DEALER FAMILY STEALS 6+ ac

DATE: February 23 and March 24, 2017 AOPV: 2017-012302, 2017-012303 2017-020827 SELLER: Various BUYER:  JONES BROTHERS INVESTMENTS LLC (Thomas Jones, Ronald Jones, Buckeye, AZ) BROKERS:  CITY TO CITY (Ken Reycraft) APN:  504-41- (multiple), 501-42- (multiple), 504-09-024-K ADDRESS:  NEC Pinal Ave/Silver Reef Rd, Casa Grande SIZE:  approx. 6.29ac (Pinal County Assessor;  including abandoned rights-of-way) PRICE:  $200,000 + $200,000 […]

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.   […]

Interest from big manufacturers fuel economic growth in San Tan Valley, Pinal County

Economic development in Pinal County is on the rise, according to Pinal County Economic Development Manager Tim Kanavel. “We’ve increased quite a bit,” Mr. Kanavel said during a phone interview, “especially with large projects. Remember when Tesla was looking everywhere, including Coolidge? Suddenly Pinal County is on the map.” Continue reading article at 

Sun Corridor? Bring it.

Does Arizona’s Sun Corridor a Megapolitan make?  Check out what Real Estate Daily News has to say here, or check out the original, underlying post on Arizona Builder’s Exchange here. I don’t know about you, but I am sitting here (for about thirty years now) counting my chickens before they’re hatched.  

10ac NW Casa Grande Foothills

NEW LISTING: Investment parcel in the foothills northwest of Casa Grande. Wedged between the incredibly beautiful COPPER MOUNTAIN RANCH master planed community, GRANDE VALLEY, the Gila River Indian Community and the Ak-chin Regional Airport (just to the west), land in this area has nowhere to go but up!  Access full flyer here.