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 office construction
  • Property is believed to have all infrastructure necessary for development, so purchase price looks cheap;  hopefully, this will be a harbinger of more medical office development in this commercial subdivision
    CASA GRANDE COMMERCIAL (MEDICAL?) LOT SELLS CHEAP
    CASA GRANDE COMMERCIAL (MEDICAL?) LOT SELLS CHEAP

    CASA GRANDE COMMERCIAL (MEDICAL?) LOT SELLS CHEAP
    CASA GRANDE COMMERCIAL (MEDICAL?) LOT SELLS CHEAP