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
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
EVERGREEN SELLS PRIME ANTHEM MARKETPLACE LOT
November 22, 2022 2.9ac at Anthem Marketplace $775,000 or $6.14/sf cash Fully improved parcel (assumed) Seller is an entity of EVERGREEN, a very experienced and respected commercial developer Buyer intention unknown
SHOPE’S IGA COOLIDGE BUILDING SELLS
October 17, 2022 16,177sf building on 4.81ac $2,400,000 Tom Shope is just retiring Buyer Tee Jay Fuels intention unknown but may add fuel pumps
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 […]
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
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
BIG MARICOPA (STONEGATE) COMMERCIAL PARCEL CLOSE
May 12, 2022 19.824ac $5,000,000 or $5.79/sf cash Infrastructure unknown Buyer intention unknown
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
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 […]
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 […]
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 […]
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
CITY OF MARICOPA BUYS 10ac
March 15, 2022 10.75ac (6 separate parcels; gross acreage; from County Assessor records)) $3,321,234 or approx $7.09/sf Buyer intent unknown Lotsa coin for a piece with little frontage on it!
COOLIDGE IS GETTING PRICEY!
March 15, 2022 10ac GROSS $1,050,000 or $2.41/sf GROSS $505,000 cash down payment, seller carry being on the intersection of two major roads, NET acreage will be MUCH LESS; take 100′ off both frontages and this turns in a 560’x560′ parcel, or 7.2ac, or $3.35/sf NET Looks like arms-length sale; buyer from California Buyer intent unknown Nice-ish […]
**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 […]
OTHERWISE UNDISTINGUISHED 2.73ac MARICOPA PARCEL SELLS FOR …
… $4.63/sf. Prices are getting crazy everywhere, so this result should not come as any surprise. 5 years ago this was a complete nothing piece, though, and I still am. Surprised. Pleasantly surprised. Because I am not a buyer today. 2.727ac 2-28-2022 $550,000 ($4.63/sf) Buyer intention unknown
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
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
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 / […]
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 […]
NEW DOLLAR GENERAL TO ELOY?
So we stopped negotiating late last year with Dollar General on our I-10 and Toltec Rd site after they wanted too many restrictions on the rest of our site. Now we understand that they are in escrow on part of the Walton Intl frontage on Toltec just north of Circle K. Any intel? Anybody?
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).