Weekly Land Closing Update through September 15 , 2017
|
|
Phoenix Metro - Maricopa County - Pinal County
|
Location
|
ACRES
SF
|
Zoning
|
Sale Price
$/AC
|
$
Per SF
|
Sale Date
|
Comments
(Buyer)
|
SWC 20th St & Bell Rd
Phoenix
|
4.82 |
C-2 |
2,000,000 415,126 |
9.53 |
9/11 |
Vivo Development Partners
|
SWC Norma & Harmon Rds
Eloy
|
322 |
AG |
4,500,000 13,966 |
0.32 |
9/11 |
Brian Layton
|
W/NWC Power & Pecos Rd
Gilbert
|
5.17 |
Commercial |
1,500,000 289,674 |
6.65 |
9/11 |
Church of Jesus Christ of Latter-Day Saints
|
E/NEC Loop 101 & Thunderbird Rd
Peoria
|
161 |
Commercial |
715,0004 444,747 |
10.21 |
9/11 |
Vaquero Ventures
|
SEC Dysart & Thunderbird Rd
El Mirage
|
0.89 |
Commercial |
760,000 740,95 |
17.01 |
9/11 |
Risas Dental and Braces
|
N/NEC Kenworthy & Ocotillo Rd
Queen Creek
|
5.50 |
AG |
270,000 5,272 |
1.20 |
9/12 |
Donald Standefer
|
S/SWC White and Parker Rd & Honeycutt Rd
Maricopa
|
5.00 |
Residential |
325,000 64,904 |
1.49 |
9/12 |
Maricopa Lutheran Church
|
E/SEC Eleven Mile Corner Rd & AZ-287
Coolidge
|
257 |
AG |
4,860,000 18,901 |
0.43 |
9/12 |
NextEra Energy
|
N/NEC Baseline & Higley Rds
Gilbert
|
1.10 |
Commercial |
1,000,000 911,275 |
20.92 |
9/12 |
Z & H Foods Inc
|
E/NEC Arizona Ave & Chandler Blvd
Chandler
|
0.90 |
Commercial |
290,000 321,472 |
7.38 |
9/12 |
Vivo Development Partners
|
S/SWC Grand Ave & SR-74
Morristown
|
114 |
RU-43 |
1,257,000 11,005 |
0.25 |
9/13 |
Irvin Robert Kessler
|
W/SWC 19th Ave & Baseline Rd
Phoenix
|
1.34 |
Commercial |
815,000 635,540 |
14.59 |
9/13 |
Blumberg & Freilich Equities Retail Center |
SWC Signal Butte & Guadalupe Rd
Mesa
|
8.01 |
Commercial |
2,569,162 320,601 |
7.36 |
9/14 |
Garrett Development Corporation Charter School Double Escrow
|
S/SEC SR85 & Patterson Rd
Buckeye
|
234 |
AG |
700,000 2,979 |
0.07 |
9/14 |
Rich Stockwell Proposed Buckeye RV-Resort |
E/SEC Gilbert Rd & University Dr
Mesa
|
2.25 |
Residential |
300,000 133,333 |
3.06 |
9/14 |
Douglas A Sweeney
|
S/SEC 24th St & Southern Ave
Phoenix
|
35.00 |
AG |
5,933,926 169,540 |
3.89 |
9/14 |
Pulte Group Inc
|
SE/SEC 16th St & Roosevelt St
Phoenix
|
2.02 |
C-1 |
1,400,000 693,069 |
15.94 |
9/14 |
Lafferty Electric Technologies
|
E/SEC Central Ave & Van Buren St
Avondale
|
5.08 |
C-2 |
600,000 103,672 |
2.38 |
9/14 |
Solterra Senior Living
|
S/SEC Saguaro Blvd & Palisades Blvd
Fountain Hills
|
1.93 |
Commercial |
825,000 426,425 |
9.79 |
9/15 |
Ralph Craig Sparling
|
N/NWC I-17 & Anthem Way
New River
|
3.13 |
Commercial |
600,000 191,664 |
4.41 |
9/15 |
Guggenheim Retail Real Estate
|
SEC 75th Ave & Thunderbird Rd
Peoria
|
1.01
|
Commercial
|
450,000 443,440
|
10.18
|
9/5
|
SEC 75th Ave & Thunderbird Rd
Peoria
|
N/NEC 387th Ave & Narramore Rd
Tonopah
|
40 |
RU-190 |
300,457 7,511 |
0.17 |
9/15 |
Sempra Energy
|
NOTE!!!!
Land Values and Sales are increasing fast. Builders are buying platted and finished lots fast. Developers will start new developments soon resulting in the purchase of raw land. There is strong activity in Planning and Zoning of raw land. Commercial land has also picked up in sales volume.
Land Values - Current Sales Averages
West Valley - $5 - $10 SF
Scottsdale, Tempe, and Paradise Valley - $20 - $70 SF
East Valley - $7 - $20 SF
Southern Maricopa and Pinal Counties - Increases ranging between 25 to 50% over the last year.
CONTACT ME IF YOU WANT TO KNOW THE VALUE OF YOUR LAND
520-975-5207
OR SEND ME AN E-MAIL -
|
Location
|
|
Zoning
|
Sales Price
$/Lot
|
Sale Date
|
Comments
(Buyer)
|
S/SEC 35th Avenue & Southern
Phoenix
|
59 |
Platted |
1,067,500 18,093 |
9/11 |
Lennar Homes |
S/SEC Lindsay Rd & Germann Rd
Gilbert
|
18 |
Finished Lots |
2,130,084 118,338 |
9/11 |
Woodside Homes |
E/NEC US-60 & Peralta Rd. G
old Canyon
|
49 |
Platted Engineered |
3,234,000 66,000 |
9/12 |
Gehan Homes |
NWC Fountain Hills & Shea Blvds
Fountain Hills
|
2 |
Finshed Lots |
167,255 83,625 |
9/12 |
Houshang Ertefai
|
E/NEC Sarival Ave & Acoma Dr
Surprise
|
10 |
Platted Engineered |
650,000 65,000 |
9/14 |
Garrett Walker Homes
|
E/NEC Sarival Ave & Acoma Dr
Surprise
|
5 |
Platted Engineered |
325,000 65,000 |
9/14 |
Garrett Walker Homes
|
N/NEC Higley Rd & Southern Ave
Mesa
|
26 |
Platted Engineered |
1,275,000 49,038 |
9/15 |
Brighton Brokerage & Development
|
SE/SEC Power & McKellips Rds
Mesa
|
4 |
Finished Custom Lots |
517,000 129,250 |
9/15 |
Beau K Tanner
|
N/NEC Grand & 63rd Aves
Surprise, AZ
|
3 |
Partially Finished Lots |
252,000 83,333 |
9/15 |
Lennar homes |
N/NEC Buckeye Rd & Cotton Ln
Goodyear
|
149 |
Platted Engineered |
7,500,280 50,337 |
9/15 |
Beazer Homes
|
Data Source: CoStar, BREW, Vizzda plus personal information
|
"In business as in life, you don't get what you deserve you get what you negotiate." - Chester L Karrass
"You miss 100 percent of the shots you never take, and if you think it's expensive to hire a professional to do the job, wait until you hire an amateur "
With over 20 years of experience in three separate countries Walter brings exceptional knowledge in deal making.
|
Kasten Long Commercial Group
Senior Associate Broker
Designated Broker - Jim Kasten, CCIM 602.677.0655 (office)
|
|
|
|
|
|
|