CAR DEALER FAMILY STEALS 6+ ac

thumbnail of JONES BROS COMPS

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 + $93,000 = $493,000 total (cash);  about $1.80/sf

COMMENTS:  Difficult to analyze the area because of multiple lots of uncertain exact area, but looks like the Jones Auto principals cut themselves a very nice deal on land directly adjacent to their existing Casa Grande-based dealership(s)

FOR MORE INFORMATION CONTACT:  Rock Earle 520-421-9000 or rock@roxco.com