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Weekly Land Closing Update through October 19, 2018
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Phoenix Metro - Maricopa County - Pinal County
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Location
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ACRES
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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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SEC 35th Ave & Deer Valley Rd
Phoenix
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7.27 |
C-2 |
1,600,000
220,082 |
5.05 |
10/15 |
NexMetro Communities
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E/SEC 7th St & Deer Valley Rd
Phoenix
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1.23 |
Industrial |
345,000
280,487 |
6.44 |
10/15 |
Magnum Development
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N/NWC Recker Rd & Williams Field Rd
Gilbert
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8.53 |
Multi-family |
3,016,648
353,651 |
8.12 |
10/15 |
Proposed for 184-unit multifamily. 25 total buildings: 18 residential buildings, 1 clubhouse, and 6 parking garages
Jeffrey S Gordon
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W/SWC El Mirage Rd & MC-85
Avondale
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49.00 |
Residential
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3,733,251
76,188 |
1.75 |
10/15 |
planned for 154 SFR
Beazer Homes
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E/SEC 91st & Glendale Aves
Glendale
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1.87 |
Commercial
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246,631
131,888 |
3.03 |
10/15 |
Latigo Land and Capital
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NWC Crismon Rd & US 60
Mesa
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18.94 |
Commercial |
4,176,459
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5.06 |
10/16 |
Proposed for 4 retail pads along Crismon (17,600 SF), two with drive-thrus, 6 single story office buildings (59,150 SF) 1 X 125 key hotel (70,908 SF). 487 parking spaces.
Virtua Partners
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NWC Crismon Rd & US 60
Mesa
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5.22 |
Commercial |
1,357,986
260,150 |
5.97 |
10/16 |
Karl N Huish
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E/NEC 107th Ave & Beardsley Rd.
Peoria
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1.09 |
Residential |
2,250,000
202,886 |
4.66 |
10/17 |
Proposed for 120-unit townhome development
NexMetro Communities
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W/NWC John Wayne Pkwy & Honeycutt Rd
Maricopa
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55.67 |
Residential |
621,696
11,167 |
0.26 |
10/17 |
Emmerson Enterprise
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E/SEC Lake Pleasant Pkwy & Happy Valley Rd
Peoria
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0.72 |
Commercial |
725,000
1,006,944 |
23.12 |
10/18 |
Armity A Simon
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E/NEC Power & Ray Rds
Mesa
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3.08 |
Industrial |
669,835
217,748
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5.00 |
10/18 |
Boe Bergeson
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CONTACT ME IF YOU WANT TO KNOW THE VALUE OF YOUR LAND OR COMMERCIAL BUILDING.
520-975-5207
OR SEND ME AN E-MAIL -
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Location
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#
Lots
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Zoning
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$ Sales Price
$ per Lot
$ Fin FT
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Sale
Date
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Comments
Buyer
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W/NWC SR-303 & Lone Mountain Pkwy
Peoria
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8 |
finished lots |
831,400
103,925
1,960 |
10/15 |
William Ryan Homes
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W/NWC Jackrabbit Trl & Indian School Rd
Litchfield Park,
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6 |
partially finished lots |
420.000
70,000
1,400 |
10/15 |
William Ryan Homes
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W/NWC 91st Ave & Deer Valley Rd
Peoria
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5 |
finished lots |
514,491
102,898
1,870 |
10/17 |
K Hovnanian Home
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W/NWC Estrella Mountain Pkwy & Willis Rd
Goodyear
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4 |
finished lots |
340,600
85,150
1,135 |
10/17 |
William Ryan Home
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N/NEC I-10 & Selma Hwy
Casa Grande
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31 |
finished lots |
1,107,972
35,741
655 |
10/18 |
DR Horton
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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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