LOTS FOR NEW APARTMENTS CLOSE

In two separate transactions, the land underlying the new ROERS CASA GRANDE APARTMENTS development (***thanks for image to John McGuire’s Casa Grande Local Government &  Economic Improvement Discussion Facebook Page) 2022-126429:  7.3ac N of NWC Trekell Rd & Jimmie Kerr $1,099,236 or $3.36/sf cash 2022-126430:  3.34ac (2 parcels) $428,550 or $2.96/sf cash Blended parcel of 10.64ac […]

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

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 […]