VERMA STRIKES AGAIN (AGAIN)

December 1, 2022 320ac S of SEC Val Vista & Burris Rds BOUGHT for $6,250,000 or $19,531/ac cash SOLD immediately for $9,430,000 or $29,469/ac cash INSTANTANEOUS PROFIT:  $3,180,000 Buyer and seller believed to be related entities

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