November 23, 2022 601.13ac raw land (from Assessor records) generally south of Selma Hwy and west of 11 MIle Corner Rd $11,849400 or $19,712/ac cash Buyer is a solar energy farm developer NOTE: This APV is a total mess – various representations on P1 are not factual, but the associated deed was used for actual parcels […]
land
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
TALK ABOUT “BACK O’BEYOND”! (VERMA STRIKES AGAIN)
November 21, 2022 480ac straddling Toltec Hwy, almost as far south as Pinal County goes – 5.5 miles south of Greene Reservoir Rd $2,376,000 or $4,950/ac cash CRAZY pricing! $5k/ac in an area where Verma has bought land recently (blue lines) for about $1k/ac?!!! Must be some other aspect of the deal as yet unreported
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
EMPIRE SOUTHWEST TO EXPAND THEIR ELOY CENTER?
November 11, 2022 10ac east of SEC Houser/Toltec Rds & I-10 $1,000,000 or $2.30/sf cash Buyer intention unknown but property is adjacent to Empire’s existing 117ac facility At the very least, this move is an expression of Empire’s satisfaction with its Eloy location
SMALL DEVELOPMENT (?) PARCEL SOUTH OF ANTHEM MERRILL RANCH CLOSES
October 31, 2022 35.95ac @ NEC Attaway Rd & Hunt Hwy $3,170,359 or about $2/sf cash No information on what buyer Nolan larson plans to do with the property, but at $2 per square foot, it seems likely that development of some kind is planned
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 […]
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
MONSTER LAND DEAL SOUTH OF COOLIDGE
October 11, 2022 Approx 1,137.73ac (PCA records) generally south of Martin Rd, west of Hwy 87 $22,200,000 or about $19,500/ac cash Buyer is entity of well-known land investors Cardon and Lesueur families Buyer intention unknown
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 […]