August 24, 2023 Seller: Shaun Ridge LLC Buyer: DBG Properties LLC Sale Price: $11,860,582 20.17 Acres ($13.50/sf) This would be Maricopa’s Largest Apartment Complex Part of the Maricopa Station area- this would fulfill the residential portion https://www.inmaricopa.com/pz-gives-thumbs-up-to-plans-for-citys-largest-apartment-complex/ Land for a Proposed 574-unit Apartment Complex in Maricopa Sells!
August 18, 2023 Seller: ATZ Retail 14 LLC Buyer: AZ Net Invest LLC Sale Price: $1,517,241 1.21 Acres (7,372sf Building) 2nd location in Maricopa @ 17520 N. Porter Rd.
August 18, 2023/August 24, 2023 Seller: BPR Renton, LLC (APV 2023-061232) Seller: Estrella Gin Business Park LLC ( APV 2023-062746) Buyer: CareFree Covered RV Storage Maricopa, LLC Sale Price: Combined $3,489,351 Combined 10.68 Acres ($7.50/sf) Covered parking for vehicles and boats, as well as a two-story office building, an on-site wash bay, dump station and […]
July 31, 2023 Seller: CAPDEVL 060, LLC Buyer: TB Southwest 3, LLC Sale Price: $625,000 1.02 acres ($14.07sf) Cash Sale Future use believed to be Taco Bell
July 25, 2023 Seller: 20168 N John Wayne, LLC Buyer: GTY Auto Service, LLC Ultra Clean Car Wash (DBA Fast & Friendly) Sale Price: $6,215,769 20168 N. John Wayne Parkway
July 7, 2023 Seller: Investment Grade Loans, Inc. Buyer: Pulte Home Company, LLC Purchase Price: $10,641,000 161.07 Acres ($66,064/ac) Pulte Home then sells a portion to Castlerock Communities Arizona LLC for $4,500,000
June 2, 2023 Seller: Tousa Recovery Acquisition, LLC Buyer: Arizona RR Ranches, LLC Sale Price: $44,650,000 1,773 Acres ($25,183/ac) Developer already owns more than 7,000 acres between Casa Grande and Maricopa “This will be the next hot spot” https://www.bizjournals.com/phoenix/news/2023/06/15/john-wayne-red-river-ranch-community-maricopa.html?fbclid=IwAR2FptdT7QURsilUMK0LWWizOfdoElqwklPDMnwa_K4UP9cXvSqMxGSCDp4
May 25, 2023 Seller: City of Maricopa Buyer: Maricopa Land Acquisition I, LLC 3 Lots with 3 separate APV’s Combined Sale Price: $3,332,094 Total of 12.75 Acres ($261,340/ac) Seller Loan (Carryback) Speculation of Final Use but nothing Confirmed Speculation of Final Use but nothing Confirmed
May 15, 2023 Seller: CAPDEVL060, LLC Buyer: Slim Restaurant P9, LLC Sale Price: $615,000 1.22 Acres ($504,098/ac) Located in front of Walmart off of Maricopa-Casa Grande Highway Just Broke Ground https://www.inmaricopa.com/slim-chickens-restaurant-announces-location-fast-casual/
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
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
September 26, 2022 10.03 (PC Assessor) @ Honey Cutt Rd & Scarlett Dr $4,860,000 or about $11.24/sf cash
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
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
May 12, 2022 19.824ac $5,000,000 or $5.79/sf cash Infrastructure unknown Buyer intention unknown
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 March 29, 2022 28ac mol Undeveloped farmland $1,116,072 or $39,860/ac cash
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!
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
Mar 8, 2022 142.143 NET ac farmland $2,913,932 or $20,500/ac Seller SCR LLC involves Bryan Hartman Buyer Georgetown HoldingS
… $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
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 […]
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 $4,050,000 On February 2, 2022 JNAN LLC sold what was left of RANCHO MIRAGE […]
REE, a Minnesota-based development firm, closed the purchase of 13ac from an entity controlled by El Dorado Holdings, for 7$/sf on December 15, 2021.
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
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.