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Weekly Land Closing Update through September 22, 2017
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Phoenix Metro - Maricopa County - Pinal County
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Location
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ACRES
SF
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Zoning
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Sale Price
$/AC
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$
Per SF
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Sale Date
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Comments
(Buyer)
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N/NEC 23rd Ave & Deer Valley Rd
Phoenix
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6.47 |
Industrial |
2,114,115
326,700 |
7.50 |
9/18 |
Seefried Industrial Properties
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W/SWC Schnepf & Ocotillo Rds
San Tan Valley
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30.74 |
CR-3 |
2,920,300
95,000 |
2.18 |
9/18 |
Proposed for 106 SFR
Woodside Homes
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N/NWC Sossaman Rd & Main St
Mesa.
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2.50 |
Commercial |
212,500
84,942 |
1.95 |
9/18 |
Dennis F Baretinicich
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E/NEC 75th Ave & Encanto Blvd
Phoenix
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6.06 |
Commercial |
2,087,357
263,973 |
6.06 |
9/20 |
Brian Herbert |
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E/NEC 75th Ave & Encanto Blvd
Phoenix
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4.69 |
Commercial |
1,350,000
287,931 |
6.61 |
9/20 |
STORE Capital
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NEC Price & Queen Creek Rd
Chandler
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37 |
Commercial |
11,262,415
304,060 |
7.00 |
9/21 |
Kieckhefer Properties
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S/SEC Mt Lemmon Rd & NF-38
Oracle
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509 |
AG |
2,583,000
5,066 |
0.12 |
9/21 |
Charles C Goff
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W/SWC 67th Ave & Buckeye Rd
Phoenix
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17.86 |
C-3 |
5,000,000
280,090
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6.43 |
9/21 |
Amazone.com |
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NWC 59th & Northern Ave
Glendale
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0.93 |
C-2 |
1,350,000
1,456,646 |
33.44 |
9/21 |
Mountain America Federal Credit Union
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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 -
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Location
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Zoning
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Sales Price
$/Lot
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Sale Date
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Comments
(Buyer)
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NW/NWC 163rd Ave & US 60.
Surprise
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6 |
Finished Lots |
504,000
84,000
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9/19 |
Courtland Communities
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NWC Estrella Pkwy & San Miguel Dr
Goodyear
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44 |
Platted
Engineered |
1,870,000
42,500 |
9/20 |
Reeb Group Ltd
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Data Source: CoStar, BREW, Vizzda plus personal information
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"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.
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Kasten Long Commercial Group
Senior Associate Broker
Designated Broker - Jim Kasten, CCIM 602.677.0655 (office)
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