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
Multi-family
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 […]
MINNESOTA DEVELOPER CLOSES ON CG LAND FOR APARTMENTS
December 8, 2022 10ac mol @ SEC Trekell & Kortsen Rds $3,050,000 or $7/sf cash Construction will begin immediately on AGAVE HOUSE apartments
LARGE LUXURY APARTMENT COMPLEX IN CASA GRANDE SELLS
November 30, 2022 TIERRA APARTMENTS @ 700 E Rodeo Rd, Casa Grande $40,000,000 cash Out of town seller, out of town buyer; “related party” box marked “no” but both have same address
LOCAL LAND BROKER BUYS CASA GRANDE INFILL PARCEL
August 26, 2022 .85ac @ SEC Palm Parke Ave & Kadota Ave $165,000 or $4.46/sf cash Current zoning is R-3 Buyer Kirk McCarville’s intention unknown
LAFFERTY BUYS WESTSIDE CG 2.5ac IN THE “O” ZONE FOR WORKFORCE HOUSING
July 7, 2022 2.49ac, zoned for 54 units $604,800 or $5.58/sf or $11,200 per permitted unit
MULTI-FAMILY PARCEL AT MERCADO CLOSES
June 30, 2022 14.43ac 284 planned units $6,900,000 or $11/sf cash Project was approved and then delayed almost 2 years ago
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
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 […]
**NEW LISTING: RARE 2.5ac MULTI-FAMILY LOT IN HOT CASA GRANDE OPPORTUNITY ZONE
What an opportunity to develop new housing for the city city’s burgeoning work force! This parcel site in an Opportunity Zone on the “industrialindustrial” side of town, within easy driving distance of thousands of new employees. With all utilities at or near the property, sandwiched between two city streets for easy access, this parcel should […]
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.
5ac Multi-family in CG
5ac potential multi-family in Casa Grande’s Florence Blvd retail corridor: Access full flyer here 5ac Casa Grande Multi-family Or contact Rock for more info @ 520-421-9000 or rock@cbrox.com