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
Casa Grande
New lithium-ion battery recycling plant planned for Pinal County
* The company announced that the new facility will be located in Casa Grande and is Ecobat’s third lithium-ion battery recycling facility. * bring 60 new jobs to the area. * Operations are expected to start in the third quarter of 2023. * Ecobat said it will repurpose lithium-ion batteries that are reaching the end […]
108ac S of CASA GRANDE
January 12, 2023 107.69ac @ SWC Peart & Earley Rds, Casa Grande $5,384.500 or $50,000/ac, $1,800,000 (33%) cash down payment Intent of buyer PEART & EARLEY SWC 107 LLC unknown
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 […]
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
MINNESOTA DEVELOPER CLOSES ON CG LAND FOR APARTMENTS
December 8, 2022 10ac mol @ SEC Trekell & Kortsen Rds $3,050,000 or $7/sf cash Construction will begin immediately on AGAVE HOUSE apartments
BUILDING (RE)SELLS IN HOT CASA GRANDE WEST SIDE INDUSTRIAL PARK
December 2, 2022 55,000sf building on 9.55ac at 1474 n VIP Blvd $9,625,000 or $175/sf (building) Seller bought the property in August 2021 for $4,550,000 Buyer Ecobat already has a presence in Casa Grande via Quemetco metals company
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
LARGE LUXURY APARTMENT COMPLEX IN CASA GRANDE SELLS
November 30, 2022 TIERRA APARTMENTS @ 700 E Rodeo Rd, Casa Grande $40,000,000 cash Out of town seller, out of town buyer; “related party” box marked “no” but both have same address
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 […]
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
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 […]
NAP’S AT IT AGAIN …
October 31, 2022 3 parcels totalling 617.58ac at the NWC Battaglia & Sunland Gin Rds $9,263,700 or $15,000/ac cash This adds to his recent purchases on the other side of Sunland Gin (blue arrows in map graphic)
NOW, HERE’S A STRANGE DEAL …
Or, rather – a deal for a strange parcel of land: October 26, 2022 5.57ac @ NWC Early Rd & I-10 $87,500 or $15,709/ac Zoned City of Casa Grande UR (Urban Ranch) Buyer intention unknown Sounds cheap, until you think about what to do with this skinny parcel, but – at 200′ wide, there’s gotta be some […]
CASA GRANDE COMMERCIAL CORNER (LAND) CLOSES
October 26, 2022 8.88ac @ SWC Cottonwood & Peart, Casa Grande $1,025,000 OR $2.65/sf Parcel zoned B-2 (Business) Ohio-based Buyer’s intention for the site unknown; seems like a very good price for buyer – wonder if deal was made after interest rates started soaring?
INDUSTRIAL ACREAGE NEAR WALMART DC CLOSES
October14, 2022 Approx 67ac (estimate) north of Peters, west of Florence St $8,544,969 or approx $2.92/sf cash 3 Building Approved Project (1 building will be the manufacturing facility for SouthWark Metal Fabrication, the other 2 buildings will be industral Bluestem Commerce Center, Phase 1
LAND FOR ANOTHER BUILD-TO-RENT COMMUNITY IN CASA GRANDE CLOSES
October 13, 2022 17.6785ac S of SWC Florence Blvd & Henness Rd $4,705,488 or $6.11/sf cash Buyer is entity related to CAVAN, a developer with other Build-to-Rent communities in Casa Grande
RENOVATED OLD CASA GRANDE DOWNTOWN BUILDING SELLS
October 7, 2022 3,713sf @ 117 N Sacaton St $350,000 cash or $94/sf cash Commercial Building sold in Casa Grande Downtown Downtown Revitalization TEASER: More Commercial Activity set to close near Downtown, more to come!!!
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 […]
PREVIOUS GOLDEN EAGLE DISTR HQ SOLD AGAIN
September 22, 2022 49,904sf (building) on 9.57ac @ 1000 N Jefferson St, Casa Grande $4,500,000 or $90/sf cash No information on Buyer intention for the property
RAW LAND WEST OF FRANCISCO GRANDE APPROACHING $10,000/ac
September 15, 2022 155.79ac @ NEC Peters & Midway Rds $1,480,005 or $9,500/ac cash Buyer intention unknown
NAP LAWRENCE SELLS AGAIN: YET ANOTHER WESTSIDE CG INDUSTRIAL LAND DEAL
September 12, 2022 31.2667ac $2,613,600 or $1.92/sf cash Buyer is a Taiwanese semiconductor industry-related company
IS IT A BIRD OR A PLANE?
Is it a lot with a small building, or a small building on a large lot? September 12, 2022 600sf building on a .34ac lot, historically used as a used car sales lot @ NWC 2nd & Dry Lake Sts (across from St Anthony’s church) $245,000 with $32,500 cash down payment, seller carry Buyer intention unknown
NAP LAWRENCE BUYS AGAIN
September 7, 2022 70ac on west edge of Lucid assemblage $2,310,000 or $33,000/ac cash Raw desert land, but adjacent to Lucid
LOCAL MOTORSPORTS DEALER BUYS MORE LOTS
August 31, 2022 19 subdivided office/warehouse lots near Casa Grande Municipal Airport Lots surround buyer Adrenalin Motorsports’ existing sales and service facilities and are in the same development, to the north of the Crossroads Church facilities also recently bought by Adrenalin (to come) $400,000 with $200,000 (50%) cash down payment, seller carry $21,052 per lot Lots […]
LOCAL CG LAND BROKER TEAMS UP WITH CG BUILDER TO BUY COMMERCIAL LAND
August 31, 2022 2.09ac behind Angry Crab restaurant $130,000 or $1.43/sf cash Buyer ARMAGH LLC is Kirk and Beth McCarville and Clint and Julie Shearer Buyer intention unknown
MORE GRIFFITHS INDUSTRIAL LAND SELLS
August 31, 2022 10.68ac @ SWC Sunland Gin and Hanna Rds $838,181 or $1.80/sf cash (same price as recent adjacent 40ac sale) Buyer DEMON PROPERTIES is same buyer as adjacent 40ac Buyer intentions unknown
LOCAL LAND BROKER BUYS CASA GRANDE INFILL PARCEL
August 26, 2022 .85ac @ SEC Palm Parke Ave & Kadota Ave $165,000 or $4.46/sf cash Current zoning is R-3 Buyer Kirk McCarville’s intention unknown
HARLYN GRIFFITHS FINALLY SELLS INDUSTRIAL LAND
August 25, 2022 39.92ac (4 parcels) $3,130,047 or $1.80/sf cash Buyer intentions unknown
OLD CG WHATABURGER SITE SELLS
August 19, 2022 Old fast-food restaurant building of unknown size on .48ac at 405 e Florence Blvd,, Casa Grande $800,000 cash Buyer intention unknown
LOCAL INVESTOR SELLS BUILDING @ SWC FLORENCE BLVD & COLORADO ST
August 17, 2922 Office Building at 1295 E. Florence Blvd. $1,071,000 or $232sf Seller is Cindy Sutton, not sure of buyer’s intentions on the use of Building
33ac RESIDENTIAL LAND
August 17, 2922 33.37ac @ NEC Peart rd & Frontier St $2,000,000 or $1.38/sf cash Buyer intention unknown but intended use is probably single family residential
LUCID CLOSES ADDITIONAL ACREAGE
This transaction is shrouded in mystery, because since the buyer was technically a political subdivision of the State of Arizona (Pinal County), the deeds could be recorded with an exemption to reporting the deal particulars on an Affidavit of Property Value. Reference various media reports of the financing vehicle whereby Pinal County floats bonds for […]
BARNES BUYS ANOTHER 311ac IN HOT AREA SOUTH OF CG
August 11, 2022 311ac at NEC Trekell Rd & Selma Hwy $9,397,740 or $30,218/ac cash Sellers are Trekell Family
IN-TOWN CORNER SELLS
August 8, 2022 3.4ac at the SWC Cottonwood Lane & Colorado St $600,000 or about $4/sf cash Currently zoned CO (commercial office) No information on the Colorado-based buyer’s intent
EVA’S (THE BUILDING) SELLS!!
This is the moment we’ve all been waiting for … accompanied by zero fanfare, no advance rumors at all! August 3, 3022 $2,500,000 with $500,000 cash down payment, seller carry No indication of the plans REYNA’S MEXICAN FOOD LLC has for the facility
UNIMPROVED LAND PARCEL REZONED FOR APRTMENTS SELLS
August 1, 2022 8.39ac SW of SWC Trekell and Rodeo Rds $525,000 or $1.44/sf cash An interesting sale for a piece with little existing infrastructure that current seller bought 3 years ago for $150,000
WADE JURNEY HOMES BUYS 44 MORE LOTS
July 22, 2022 44 lots @ MTN VIEW ESTS (SW of I-8 / I-10 intersection $1,708,000 or $38,818/lot cash Most lots are 1ac+, subdivision has all utilities Seems like WADE JURNEY has been doing very well with its Arizona City and Toltec programs; these lots will give it a “large lot” product line in the same part of […]
WESTSIDE CG SPEC LAND IS STARTING TO MOVE
July 15, 2022 80ac $680,000 or $8,500/ac cash Buyer intention unknown
COULD THE OLD MIMI’S LOCATION AT THE CASA GRANDE PROMENADE BE A NEW BARRO’S PIZZA?
July 15, 2022 7,576sf on 1.45ac $1,680,000 or $222/sf for a fully equipped restaurant on a prime lot Buyer B&B PIZZA CASA GRANDE LLC include two principals with last name “Barro” Could this be the site of a Barro’s pizza expansion in Casa Grande?!
“SPEC” DIRT NEAR CG’S AIRPORT IS FINALLY HEATING UP
July 14, 2022 40ac (Pinal County Assessor’s records) $1,100,.000 or $27,500/ac (36% cash dp, seller carry) Buyer intention unknown The land west of the airport and industrial airpark but east of the mine and the land surrounding it has been a speculative hotbed in past bull markets, even with many problems: very little infrastructure, flood plain(s) and […]
SEMICONDUCTOR CHEMICAL COMPANY ACQUIRES 50ac ON CG’S WEST SIDE, NEXT TO CAZCP
July 13, 2022 26.22ac and 24ac mol in two separate deals $3,695,664 (combined purchase price) or about $1.70/sf cash Price looks cheap, but parcel is fairly devoid of infrastructure Buyer KPPC Advanced Chemicals Inc is a supplier to the burgeoning semiconductor industry in and around Casa Grande
LAFFERTY BUYS WESTSIDE CG 2.5ac IN THE “O” ZONE FOR WORKFORCE HOUSING
July 7, 2022 2.49ac, zoned for 54 units $604,800 or $5.58/sf or $11,200 per permitted unit
SOLVAY CHEMICALS BOUGHT TWO LOTS
July 6, 2022 additional 8,95ac (adjacent to original 16,.56ac buy) $1,657,083.50 or $4.25/sf cash
THE MAP’S GETTING AWFUL CROWDED
July 6, 2022 16.56ac $3,065,950 or $4.25/sf cash Buyer is Solvay Chemicals Inc, based in Houston
JUST WHAT CASA GRANDE NEEDS: ANOTHER CAR WASH!
July 5, 2022 1.05ac, south of Auto Zone on N Pinal $750,000 or $16.40/sf cash “Developer” of parcel is listed as SUPER STAR CAR WASH
MULTI-FAMILY PARCEL AT MERCADO CLOSES
June 30, 2022 14.43ac 284 planned units $6,900,000 or $11/sf cash Project was approved and then delayed almost 2 years ago
SOUTHWARK METAL MANUFACTURING COMPANY BUYS IN CG
June 24, 2022 96.85ac $1,893,773 or 45¢/sf cash looks like a steal! Buyer SOUTHWARK METALS looks like a user but intention unknown
CONTROVERSIAL SPANISH TRAILS WEST AGE-RESTRICTED MH DEVELOPMENT SELLS
June 22, 2022 42.38ac $20,590,239 Seller is developer of park This is the manufactured home rental development that was approved based on 55+ age restriction, and is now seeking a lowering of that age minimum, which is being hotly contested.
VERMA EXTRACTS ANOTHER $4.5M IN CASA GRANDE LAND FLIP PROFITS
Three concurrent deals, so pay attention: June 15, 2022 Bought 187ac for $8,041,000 or $43,000/ac or 99¢/sf cash (2022-06246); seller Kiefer Bought 160ac for $7,200,000 or $45,000/ac or $1.03/sf cash (2022-069250); seller Lawrence (Nap/Spike) Sold 347ac (both together) later same day for $ 19,706,544 or $56,791/ac or $1.30/sf cash (2022-069308) Buyer/seller Verma et al acted as ARIZONA LAND CONSULTING LLC Multiple […]
50ac IN HOT CHAPARRAL ESTATES AREA
June 16, 2022 50.2ac $1,757,000 or $35,000/ac Seller principals are Brian Rhodes and Jacob Roberts Buyer intention unknown
LAPOUR DEVELOPMENT CLOSES 205ac INDUSTRIAL PARCEL
June 8, 2022 205ac $2,400,000 or $11,707/ac Buyer LaPour Development intends to develop the site as CG COMMERCE CENTER into sites for industrial development including manufacturing, warehousing/logistics, both “spec” and build to suit custom spaces Broker for the development is Stein Koss at Lee & Associates Tish Sopha # Title Security in Casa Grande handled the […]
KEELING BUYS MORE S CASA GRANDE FARMLAND
June 6, 2022 80ac + 37ac = 117ac, all farmland $4,095,000 or $35,000/ac cash A few more parcels to Keeling ownership, bought with his recent Kohler and Chang Chun land sale money
AIRPARK INDUSTRIAL (MAYBE?) PARCEL SELLS TO INVESTORS
Burris Rd frontage is probably a big deal for future north-south connector to Casa Grande’s burgeoning southern industrial areas, so maybe this parcel quill have some great use someday … for now, it is bereft of infrastructure, and in airport overfly zone May 31, 2022 80ac $600,000 or $7,500/ac Buyer intention unknown
ANOTHER BIG WESTSIDE CG FARM SELLS
May 24, 2022 313.9ac approx (gross 324ac less several exclusions, including an old dump at southwest corner of the property) $9,418,080 or $30,000/ac or 69¢/sf Seller was heirs of Hill family, longtime local farmers Buyer was investment group led by Dale Willis
20ac IN CASA GRANDE BUSINESS PARK III
Looks like another land sale for a user. May 20, 2022 20.22ac (4 lots) $2,613,600 or $2.97/sf Buyer intention unknown
THE LUCID LAND TRAIN KEEPS ROLLING …
… and this time Verma’s not involved OMG. May 19, 2022 160ac $14,400,000 or $2.07/sf Seller is Nap Lawrence entity
AND ANOTHER VERMA DOUBLE-ESCROW TO LUCID
Not the first, and certainly not the last time that Lucid is clawing up every acre it can get its hands on around its existing campus May 17, 2022 40ac First sale (Wells to Verma): $6,533,999 or $3.75/sf Second sale (Verma to Lucid): $7,500,000 or $4.30/sf Gross (instantaneous) profit to Verma: $966,001 Lucid continues its site expansion-driven land […]
YOUNT ADDS TO HOLDINGS IN CASA GRANDE
An entity related to Larry Yount added a parcel to its existing holdings southwest of downtown Casa Grande. May 16, 2022 11.27ac $945,000 or $1.92/sf cash
110.33ac MARICOPA-CASA GRANDE HWY
Decent, but not exceptional piece on the “hot” west of Casa Grande, but north side of the highway, kinda notched into Larry Yount’s Grande Valley Master Plan. May 16, 2022 110.33ac $1,500,000 or $13,596/ac, $300,000 down payment with seller carry Buyer intention unknown Decent, but not exceptional piece on the “hot” west of Casa Grande, but north side […]
BARNES BUYS ANOTHER 80 IN PATH OF INDUSTRIAL PROGRESS
A major seller as well, Vernon Barnes just bought an 80 to go with a 240 he bought earlier this year on the hot westside of Casa Grande. May 13, 2022 80ac farm, PLUS farm residence (Serrano residence) and several ancillary farm buildings $5,014,750 or $1.44/sf (ignoring the valueof the residence) The resulting 320 makes a very […]
VERMALAND STRIKES AGAIN, EXTRACTING …
… another cool mil (actually $865,559, but who’s counting?) in quick “flip” profit out of Casa Grande land. I guess Casa Grande has been discovered by the fast money. May 6, 2022 50ac SEC Pinal Ave and Val Vista Blvd First sale: $4,034,941 or $1.85/sf cash Second sale: $4,900,500 or $2.25/sf cash Buyer intention unknown
ANOTHER $2M FOR KEELING … Q: WHEN DOES IT END?
A: not for a while – he’s got lots more dirt in the area. Continuing the amazing run of property sales on Casa Gtande’s industrial west side, here’s a little gem: 20ac that Mr. Keeling paid $315,000 for in December 2020. The parcel is north of a residential subdivision, and adjacent to the east to SONORAN and […]
PICKIN’ UP THE [Tierra Grande] PIECES
We’ve been watching this dance for almost 40 years now. Following Dick Ungar’s noble attempt at developing a new golf course community in the middle of Pinal County (11 Mile Corner), many many players – including us – have attempted to pick it up and make it better. All have failed, culminating in Russ Webb’s abortive […]
SMALL WEST SIDE CG MF PARCEL GETS GOOD PRICE
This small MF parcel hung around on the market for 155 days, but things are heating up on that side of town and someone finally saw its value May 3, 2022 SWC McMurray Blvd & Wood St 1.33ac City of Casa Grande R2 (MF) zoning $270,000 or $4.66/sf $47,095 cash dp, seller carry Buyer intention unknown
90ac in CG’s NEW NORTH INDUSTRIAL ANNEXATION AREA CLOSES TO MICHIGAN INVESTOR
This sale is significant because buyer Ed Peters now owns 345 contiguous acres in the path of industrial progress. 85ac mol is well in the floodplain of the north branch of the Santa Cruz, but is still a very attractive industrial site. April 29, 2022 3/4 mile paved rd frontage (Ethington) AZ Water company has main to eastern boundary […]
ONE BY ONE, LAND PARCELS ON TREKELL …
… sell! This one is right in front of seller (Bob Costanza’s) old gym now owned by Jim Suor. Bob’s been trying to get out of this piece for 20 years, the market finally got to the point where it was possible, at a very healthy price, even with seller terms. April 29, 2022 2.53ac $900,000 […]
CASA GRANDE HOLIDAY INN EXPRESS SELLS
It’s been well-known for a while now that owner Piyush Patel is trying to get out of all of his properties (hotels, land, restaurant) in Casa Grande. I guess his plan is working. April 29, 2022 $12,500,000 cash Buyer intentions unknown
SUN LIFE BUYS LAND (FOR EXPANSION?)
This parcel is across the street from their main Casa Grande facility which sits on 1.42ac … acquisition is presumably for expansion? April 20, 2022 10ac $4,356,000 or $10/sf cash Nice parcel, fair price?
SUOR’S MAKING SOME MONEY
LOCAL BUILDER MUST BE MAKING SOME MONEY Jim Suor’s been on a property-buying spree lately … there must be some money in high-end tract homes in Casa Grande. Latest acquisition is the commercial building at 930 E Florence Blvd, containing a laundromat, the Liquor Factory and other small businesses and used to include Pep Boys […]
MOST OF THE REMAINING NON-RAIL SERVED LOTS IN CAZCP CLOSE
Small industrial lots are getting kinda scarce on the HOT west side of Casa Grande, and this sale takes a bunch more of them off the market April 15, 2022 12 lots totaling 13.28ac (Pinal County Assessor) $2,283,154 or $3.95/sf cash Buyer will build a grow facility there Only two lots left in CAZCP
IMPORTANT (SOME DAY) RURAL CORNER SELLS
Looks like junk dirt now, but this funny piece may turn out to be a key corner smack dab in the middle of things: new things, industrial things, BIG things. With all the industrial growth westward from Casa Grande, eventually running into the sleeping giant of LEGENDS mixed-use master plan, all this piece needs is […]
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 […]
LOOKS KINDA CHEAP, LIKE SOMEBODY GOT A GREAT DEAL
Maybe there’s some unknown reason this 36ac sold so cheap … April 6, 2022 35.55ac $111,472 or $3,136/ac cash Buyer intent unknown
FINALLY, THIS PIECE FOUND A TAKER!
A remnant parcel created in the last boom which produced along with the subdivisions to its north, this great corner has been actively looking for a buyer for several years now. April 5, 2022 6.02ac (PCA records) $1,250,000 or $4.78/sf cash PAD zoning; use unknown – seems like it’s been touted form apartments Buyer intention […]
TOHONO O’ODHAM MEDICAL BUILDING BUY
Following their purchase of the lot next door, they also closed on 1876 E Sabin Dr, Suite C-2: April 2, 2022 6,212sf (PCA records), built in 2007 $1,500,000 or $241/sf cash Adjacent to 1.89ac lot buy (previous post)
A NEW HIGH $ FOR CASA GRANDE MEDICAL LAND?
The Tohono O’Odham tribe seems to be moving into medical property in the CG MEDICAL CAMPUS with this lot purchase: April 2, 2022 1.89ac $850,000 or $10.32/sf cash Intent unknown but they also bought the building next door (see next post)
147ac WEST SIDE CASA GRANDE
Likely to be industrial one day: April 2, 2022 146.72ac (2 parcels, Pinal County Assessor records) Part farm land Partially in FEMA flood zone $3,004,289 or $20,476/ac cash Buyer intention unknown
I-10 & WAVERLY 35ac
I-10 & WAVERLY 35ac April 2, 2022 35,16 ac (PAC) 5 lots averaging 7ac each $600,000 or $17,065/ac, or $120,000 per lot Buyer intent unknown … develop residential? Utilities unknown Kind of an interesting piece … kinda in the northeast foothills, buts fronts I-10
BUT WAIT, THERE’S MORE …
BUT WAIT, THERE’S MORE … What the nice, shiny article DIDN’T say was that these sharp promoters went to the trouble to add $1,258,652 to the price they paid before selling it to their own investment entity – marking it up to their own investors. Kinda a no-lose situation … So their own investors are now in […]
51ac @ HARD LUCID CORNER (SWC THORNTON & PETERS)
March 31, 2022 51.69ac (County Assessor) $7,181,910 or $139,000/ac or $3.19/sf Buyer VERMA LAND discusses the purchase here (subscription model)
What’s Going Up in Casa Grande? CHECK IT OUT
The City of Casa Grande has been promising (for a long time) an easy-to=-access website showing all of the pending projects in town. Well, now it’s here! Check it out – click here What’s Going Up in Casa Grande
KEELING PAYS $30k/ac SOUTH OF CASA GRANDE
March 18, 2022 24.98ac Farmland $750,000 or $30,000/ac cash North side of Selma Hwy, 1/4 mile west of Chuichu Tish Sopha, TITLE SECURITY AGENCY, Casa Grande handled the title/escrow
**NEW LISTING: PRIME COMMERCIAL CORNER ON BUSY PINAL AVE – CASA GRANDE, ARIZONA
This is that rare parcel on Pinal Ave with everything: easy access, utilities, traffic counts, zoning, development and population all around it – location, location, location. Use your imagination for what you could do with it: fast food on the corner? Office? More mini storage? Apartments? Very knowledgeable and sophisticated seller makes this an opportunity […]
ABSOLUTE HOMES (JIM SUOR) BUYS 25 MORE ARROYO VERDE LOTS FROM KEVIN PETERSEN
March 9, 2022 $3,000,000 or $120,000 per lot Problem is, with the AOPV the way it is written, “Seller Carryback” is checked, but the down payment shows the same amount ($3,000,000) as the purchase price A certain Title Co in town with a longtime relationship with this buyer prepared this, so who knows what the […]
**NEW LISTING: RARE 2.5ac MULTI-FAMILY LOT IN HOT CASA GRANDE OPPORTUNITY ZONE
What an opportunity to develop new housing for the city city’s burgeoning work force! This parcel site in an Opportunity Zone on the “industrialindustrial” side of town, within easy driving distance of thousands of new employees. With all utilities at or near the property, sandwiched between two city streets for easy access, this parcel should […]
SEMICONDUCTOR MANUFACTURING SUPPLY CHAIN EXTENDS AS FAR SOUTH AS CASA GRANDE
Edwards, an industrial vacuum equipment supplier that works in the semiconductor industry, intends to open a 200,000-square-foot manufacturing facility in Chandler, the company, along with the city of Chandler and the Valley’s economic development organizations, announced Thursday. Read more at Phoenix Business Journal […]
AIN’T IT A STEAL @ $25/sf?
With a corner 1.25ac parcel in off the freeway, further west in Casa Grande closing for $28/sf for a car wash, doesn’t this 1.63ac in front of the old Sam’s Club – soon to be a multiple car dealer park – one look like a pretty good price? This is the heading Lorem ipsum dolor […]
ANOTHER HARTMAN FARM SALE
Adjacent to the north of the piece Conley bought; same price 96.469 NET ac $1,977,615 or $20,500/ac (same as prior sale) Buyer intent unknown
CONLEY WOLFSWINKEL BACK IN ADCTION; ANDERSON RD FARM BUY BUSTS $20K/ac
Mar 8, 2022 142.143 NET ac farmland $2,913,932 or $20,500/ac Seller SCR LLC involves Bryan Hartman Buyer Georgetown HoldingS
NEW HOME FOR CALIBER COLLISION IN CASA GRANDE
The future (to be developed) home of Caliber Collision, a lot behind Circle K and Firestone on Casa Grande’s Florence Blvd just closed. 2-28-2022 2.58ac Zero frontage on Florence Blvd; only access to/from $725,000 or $6.67/sf
ACTIVITY IN INDIAN VALLEY RANCHETTES LOTS INTENSIFIES
Third parcel of the year records in area of northwest Casa Grande foothills near GRANDE VALLEY and COPPER MOUNTAIN RANCH. We (ROX COMMERCIAL principals) are owners of many parcels in the area, and expect that prices will pass $10,000/ac, reaching $15-20,000/ac as soon as COPPER MOUNTAIN development gets unstuck. 2-28-2022 $82,000 CASH ($8,632/AC) Buyer intent […]
THOUGHT LAS MONTANAS LOTS WERE HIGH AT $100,000+ ?
How about Woodruff Hts Estates? This down-on-its-heels subdivision just did exactly that (hit $100,000 for a lot) .
Small city (CASA GRANDE) near Valley attracting more semiconductor suppliers to the region
Companies from around the world have continued eyeing a growing industrial area in a small city located south of the Phoenix metro as land continues filling up across the Valley. Keep reading at (subscription needed)
SEEMS LIKE $2/sf IS THE NEW NORM FOR …
… Industrial dirt. Here’s a new parcel on the market near I-8 and I-10 intersection, adjacent to south to 3 parcels that recently sold to Identico for an average of $1.65/sf 47.31ac ASKING $4,250,000 or $89,833/ac or $2.06/sf
BIG SELLER OF CASA GRANDE INDUSTRIAL LAND BUYS MORE
Feb 16, 2022 240ac “Sturgill” farm Buyer Vernon Barnes et ux $6,500,000, a little more thsn Barnes realized in the Air Products and Jing He Science sales (SWC Peters & Burris) earlier in the week $26,816/ac or 62 cents/sf Just south of Pinal Tech Park
I-8 & I-10 INDUSTRIAL LAND SALE TO USER?
In a series of transactions starting Feb 11. 2022, three adjacent parcels transacted to same buyer for a GRAND TOTAL of 18.34ac, 1,321,000sf, AVERAGE $1.65/sf 016732: 5.68ac, $355,000, $1.43/sf 016739: 3.63ac + 3.44ac = 7.07ac, $424,200, $1.38/sf’ 016773: 9.03ac, $541,800, $1.38/sf Buyer is Richard Grubenhoff with Indentico Print Services Buyer intention unknown
Kohler Starts Bath Fixture Factory as More Manufacturing Jobs Flow Into Greater Phoenix
Wisconsin Firm To Open 1 Million-Square-Foot Plant in Casa Grande
PRIME FLORENCE BLVD (CASA GRANDE) PAD SELLS
feb 17, 2022 In front of Tractor Supply, LA Fitness 1.26ac $487,500 ($8.90/sf) Seller Vernon Barnes, local farmer/investor Buyer plans unknown
LOCAL INVESTORS SELL 10ac IN PRIME NE CASA GRANDE FOOTHILLS AREA
Feb 9, 2022 10ac split (second from 80ac mother parcel) via MLD $300,000 or $30,000/ac N side of Val Vista Rd just east of Val Vista Ests
Casa Grande Golden Corral shuts down; building sells
Feb 3, 2022 $1,800,000/8,360sf = $215/sf; less than replacement cost, but probably needs $100/sf of renos? Buyer is entity of doctors; intent unknown
273ac mol in Second Gladden Farms sale
3 parcels, includinig 1 farm structure (house?) $14,500,000 $53,500/ac or $1.23/sf Same buyer as 2022-013887; Intent unknown
320ac HWY 287 East of Promenade closes
Feb 3, 2022 $14,500,000 $45,000/ac approx Buyer intention unknown
TARANTINI SELLS CASA GRANDE SITE FOR Multi-Family …OR?
January 28, 2022 7.58ac SEC Cottonwood Lane / Schultz St $1,200,000 or $3.63/sf Buyers are longtime, very successful SE Valley investors (VIEL GLUCK LLC) Property is zoned multi-family and at that price it would be a great buy for that, but … Rumor on the street is that buyer will rezone for mini-storage […]
LOCAL INVESTOR GREG SERRANO GOT $2.30/sf FOR THIS GEM
2.84ac NEC Jimmie Kerr & Earley. Wonder if buyer (Bear River Storage Consulting) is planning self-storage there Zoning is B-4; wonder if there is any pre-app action going on to change Buyer intent unknown
LATEST WESTSIDE CASA GRANDE INDUSTRIAL LAND SALE
Vernon Barnes et ux to Jing He Science (another semiconductor chemical company) 20.18ac SWC Peters & Burris, adjacent to Tractor Supply for $1,628,795 ($1.85/sf)
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 …
WHAT IS **SUPER-PRIME** BEST-LOCATED CASA GRANDE MINI-STORAGE LAND WORTH?
January 11, 2022 Sanders Achen sold 9.13 @ NWC Pinal & Rodeo for $1,400,000 or $3.50/sf to “COYOTE RANCH STORAGE LLC” Property is NOT zoned for mini-storage but the Buyer’s name seems to imply that is their intent IF they do that there, that will turn out to be one of the best buys in […]
163ac near ATTESA just closed (Dec 8 2021) at eye-popping $ number
$19,000/ac?! WOW!
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 […]
ARROYO VERDE ESTATES LOTS SELL IN BULK
DATE: February 23, 2017 AOPV: 2017-012302, 2017-012303 SELLER: MCCARTNEY ESTATES LLC BUYER: AROYO ARIZONA, LLC (Phoenix, AZ) and ARROYO VERDE 35 LLC (Kevin Petersen et al, Gilbert, AZ) BROKERS: unknown APN: 401-04- (multiple) ADDRESS: SEC McCartnery/Weaver Rds, Casa Grande SIZE: 53 + 6 = 59 1ac+ lots (Pinal County Assessor) PRICE: $1,530,640 ($28,880/lot) and $173,280 ($28,880/lot) cash […]
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. […]
S Casa Grande MHP Sells
Lotsa MHP sale action recently … wonder why. DATE: March 16, 2016 AOPV: 2016-015435 SELLER: Diersbock, TTEE (MIssion Viejo, CA) BUYER: LAS CASITAS CG (San Juan Capistrabo, CA) BROKERS: unknown APN: 511-26-003-D, -013 ADDRESS: Chui Chu Rd N of I-8 SIZE: 35ac, unknown # of spaces or park-owned units PRICE: $1,850,000 cash […]
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. […]
Great Little Commercial Lot in County Island
DATE: February 8, 2016 AOPV: 2016-007542 SELLER: Willam E Cox et ux et al (Goodyear, AZ) BUYER: Douglas J Karolak (Casa Grande, AZ ) BROKERS: AZ New Horizon Realty APN: 504-25-085 ADDRESS: 17678 W Plam Ave, Casa Grande AZ 85122 (SWC Pinal Ave / Palm Ave) SIZE: 7,500sf (per broker/listing) PRICE: $53,000 / […]
“SPEC” 27ac W SIDE CASA GRANDE
DATE: March 31, 2016 AOPV: 2016-019262 SELLER: BRISINGER FUND 1, LLC (Salt Lake City, UT) BUYER: Natalie Markevicius (Clermont, FL) BROKERS: unknown APN: 503-55-005-C ADDRESS: W side of Bianco Rd S of Peters Rd SIZE: 26.67ac MOL PRICE: $98,900 ($20,353 cash dp, seller carry) COMMENTS: Nice to see truly “spec” land coming back – at any […]
Fast Food Stores Sell to Idaho Investor
DATE: January 27, 2016 AOPV: 2016-005187 SELLER: TCBT, LLC (Mesa, AZ) BUYER: FLORENCE CASA GRANDE AZ PROPERTY LLC (Idaho Falls, ID) BROKERS: unknown APN: 505-23-001-B, -001-H ADDRESS: 2234 E Florence Blvd, Casa Grande AZ 85122 (Dairy Queen/Shell) SIZE: n/a PRICE: $662,049 (cash) COMMENTS: Also see 2016-005197 for purchase by same buyer of the […]
Sports Authority Closing Store in Casa Grande
Here we go again. The bankruptcy of Sports Authority has been looming since January, when the company disclosed that it had missed a $20 million debt payment. The store closings will take place over the next three months. Check out the full story at Real Estate Daily News
New Church Site in Casa Grande
DATE: January 8, 2016 AOPV: 2016-001206 SELLER: ELAINE FARMS LLC et al (Carl Clapp, Casa Grande AZ) BUYER: TRINITY LUTHERAN CHURCH OF CASA GRANDE BROKERS: unknown APN: a portion of 505-07-050-A ADDRESS: N side Kortsen Rd between Trekell and Peart ZONING: n/a SIZE: 10ac MOL PRICE: $500,000 ($50,000/ac approx) cash from new financing COMMENTS: One […]
Full Analysis of Casa Grande Rec Center is at CG News website
Check out the full story on the Casa Grande Rec Center approval rocess at CG News website (haroldkitching.com)
Casa Grande Rec Center Report Released
The long-awaited report on the public input process for the Multi-generational Recreation Center has finally been released! Click here to download the pdf
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Circle-K Buys Florence Blvd Corner
DATE: October 28, 2015 AOPV: 2015-070135 SELLER: CML-AZ CORNERSTONE LLC (c/o RIALTO CAPITAL MGMT, Tempe AZ) BUYER: CIRCLE K STORES INC (Tempe, AZ) BROKERS: N/A APN: 505-30-001-N ADDRESS: SEC Florence Blvd / Pottebaum Ave, Casa Grande AZ 85122 SIZE: 82,162sf MOL (legal description) PRICE: $1,047,565 cash ($12.75/sf) COMMENTS: Circle K musta found some cheap financing […]
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TRACTOR SUPPLY BREAKS GROUND IN CG
Finally! Tractor Supply broke ground yesterday on its new 600,000+sf distribution center. Check out the story and video at the city website here . Here is a map showing the location in Central AZ Commerce Park:
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5ac Multi-family in CG
5ac potential multi-family in Casa Grande’s Florence Blvd retail corridor: Access full flyer here 5ac Casa Grande Multi-family Or contact Rock for more info @ 520-421-9000 or rock@cbrox.com
“Blockbuster” CG Planning Agenda
As reported in the September 30, 2014 issue of the CASA GRANDE DISPATCH: P&Z to discuss Tractor Supply and PhoenixMart Staff Reports Consideration of a major site plan for a Tractor Supply Co. distribution center and a change in land use designation for PhoenixMart are scheduled for discussion at Thursday’s Casa Grande Planning and Zoning […]
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Coolidge in Planning Spats!
The City of Coolidge is provoking some discontent amongst its neighbors by brazenly claiming overlapping planning area, contrary to existing IGAs. In the case of Eloy, the land in question is the south end of what was once the City of Mesa water farm, now owned by affiliates of Farm Services International, fronted by Jackob […]
Seniors Deal: DOA
Yet another proposed development optimized for Seniors … has been killed by overzealous politicians masquerading as council members pretending to be engineers. Due to a small wash at the south end of the property, the guardians of the citizenry’s collective life and limb ignored Staff recommendations and an Engineer’s sealed findings to deny the plan […]
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Another Seniors Deal
Yet another proposed development optimized for Seniors has made its way before the omniscient City zoning oracles. Seems “Aging” is a vibrant development sector right now, and this one is purportedly a copycat of the facility we helped site on the Villas by Mary T property at the N/E/C Peart and Cottonwood. In fact, we […]
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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.
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I10/Florence Valero Zoning Activity
Valero has finally started entitlement work on their 4ac+ parcel at NWC Florence Blvd and I-10. Improvements look pretty predictable: C-store, gas pumps, car wash. Notable is that this will entail a stop light at that intersection (Camino Mercado).
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Small Pinal Ave Comm'l Parcel
DATE: July 3, 2014 AOPV: 2014-038717 SELLER: 2010-1 Cre Az-Land, LLC, a Delaware limited liability company (unknown to CB ROX) BUYER: Atlas Commercial, LLC (Alfonso Larriva, Paradise Valley – unknown to CB ROX)