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

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

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 […]

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  

SMALL AZ CITY MULTI-FAMILY LOT ASSEMBLAGE GETS ALMOST $2/sf

Apartment land in Arizona City has been undervalued for a long time.  Most lots have ALL infrastructure needed for development, and yet values are generally less than the cost of any ONE utility.  So here’s a nice example of values heading to where they should be – MANY dollars per sq ft April 13, 2022 1.52ac […]

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 […]