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
Maricopa
ANOTHER NEW APARTMENT SITE IN MARICOPA
January 5, 2023 S of SWC Porter Rd & Casa Grande – Maricopa Hwy 10.22ac $3,371,173 or $7.57/sf cash Buyer ROERS is intending to develop apartments on the site
Pinal County City Approves Rezoning for Proposed Medical and Innovation Campus
Pinal County City Approves Rezoning for Proposed Medical and Innovation Campus
U-HAUL (AMERCO) BUYS 10ac IN MARICOPA AT EYE-POPPING PRICE
September 26, 2022 10.03 (PC Assessor) @ Honey Cutt Rd & Scarlett Dr $4,860,000 or about $11.24/sf cash
MULTI-FAMILY DIRT IN MARICOPA CLOSES @ $7.50/sf
September 21, 2022 12.71ac adjacent to the south of GLENNWILDE, on Alan Stephens Pkwy $4,152,195 or $7.50/sf cash Buyer reportedly intends to build apartments
CARDON (?) ET AL SELL 19.3ac IN MARICOPA FOR BIG MONEY
June 20, 2022 19.3ac $8,046,500 or $416,912/ac or $9.57/sf cash Buyer intention unknown, but by the name (HONEYCUTT LUXURY RENTALS LLC) it would seem to be a multifamily community – maybe SF build to rent? If so, ten bucks is a lotta dough for dirt in Tortosa
BIG MARICOPA (STONEGATE) COMMERCIAL PARCEL CLOSE
May 12, 2022 19.824ac $5,000,000 or $5.79/sf cash Infrastructure unknown Buyer intention unknown
KEVIN PETERSEN’S STILL BUYING
KEVIN PETERSEN’S STILL BUYING… … so this run must not be over … although, deal DID record on April Fool’s day April 1, 2002 147.171ac (APV) NWC Hunt Hwy & Attaway Rd $6,181,182 or $42,000/ac cash Zoning mix / use unknown, probably mostly residential?
LENNAR BUYS MORE LAND FROM ANDERSON-PALMISANO FARMS IN MARICOPA
LENNAR BUYS MORE LAND FROM ANDERSON-PALMISANO FARMS IN MARICOPA March 29, 2022 28ac mol Undeveloped farmland $1,116,072 or $39,860/ac cash
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!
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
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
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 […]
INVESTOR MAKES $26,000,000 IN MARICOPA
In 2006 JNAN LLC sold RANCHO MIRAGE (Section 29, 640ac) to SHEA HOMES for about $35,000,000 (actual price undisclosed) On Jan 5, 2006 – after the crash – JNAN bought back the unbuilt portion (about half – approx 300ac) in 2008 for $4,050,000 On February 2, 2022 JNAN LLC sold what was left of RANCHO MIRAGE […]
13ac Maricopa Apartment site closes for $7/sf
REE, a Minnesota-based development firm, closed the purchase of 13ac from an entity controlled by El Dorado Holdings, for 7$/sf on December 15, 2021.
Materials Manufacturer Moving to Maricopa
AZ BEX reports that Quail Run Building Materials, Inc., a leading Southwest manufacturer of steel framing and building accessory materials, will construct a 40KSF facility on eight acres at the Santa Cruz Commerce Center near Maricopa. Read the full story
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.