Big Little Land Deal

Is a $20,000 dirt deal worthy of making headlines?  This piece, in this market is, yes.  A mere 2ac parcel in a god-forsaken part of the world just sold for $20,000 – or $10,000/ac.  YES – it was a seller carry, and YES it had power and probably water, and YES it is a corner.  BUT the price cannot be ignored.  Disclaimer:  no intel as to whether this was arms-length or not or any other conditions of the deal.

DATE: March 11, 2016

AOPV: 2016-014538

SELLER:  Horn/James (Casa Grande, AZ)

BUYER:   Alfredo Viezcas (Casa Grande, AZ)

BROKERS:  unknown

APN:  511-66-014-B

ADDRESS:  SWC Selma Hwy & Mammoth Dr

SIZE:  2ac

PRICE:  $20,000 cash ($10,000/ac)