Kasten Long Commercial Group
 
 
Walter Unger CCIM - I AM YOUR LAND SPECIALIST
Weekly Land Closing Update through March 22, 2019  
Phoenix Metro - Maricopa County - Pinal County

Location
Acres

Zoning
Sale Price
$/AC
  $ Per SF
Sale Date
Comments
Buyer
S/SEC 7th Ave & Deer Valley Dr   Phoenix
1.50 Industrial 330,000
220,000		 5.05 3/18 Gregory James Dudo
NWC Lindsay & Ray Rds
Gilbert
11.22 AG
4,156,505
370,454

8.50 3/18 Proposed for "Anatole," a 53-lot single-family residential subdivision.
Richmond American Homes
NWNWC Pima Rd & Legacy Blvd
Scottsdale
12.00 AG 11,500,000
955,338		 21.93 3/18
 Proposed for two three-story senior living buildings with 153 units, ten cottage buildings with 22 total units, a clubhouse. 
The Wolff Company
SWC 43rd Ave & Baseline Rd  Laveen
64.62 Residential 8,355,000
129,294		 2.97 3/18 Forestar Group
S/SEC Dysart & Camelback Rds
Litchfield
0.81 Commercial 700,000
864,197		 19.84 3/18 Desert De Oro Foods
N/NEC Broadway Rd & 32nd St   Phoenix
1.31 Commercial  1,200,000
916,030		 21.03 3/19 Jim Wilson
N/NEC Broadway Rd & 32nd St   Phoenix
1.31 Commercial 1,500,000
1,145,038		 26.41 3/19 Richard W Hollan
S/SEC Superstition Springs Blvd & Southern Ave  M esa 
4.60 LI 5,290,000
1,150,419		 26.41 3/19 Proposed for 34,425 SF showroom, sales floor, service department and operational offices (28,848 SF first floor, 5,577 SF second).
Santos Raymond Zamor
N/NWC Litchfield & Yuma Rds   Goodyear,
22.85 Commercial 5,200,000
227,571		 5.22 3/19 Seefried Industrial Properties
S/SEC Black Mountain Pkwy & Carefree Hwy
Cave Creek
1.93 Commercial 231,000
119,689		 2.75 3/20 Spensa Development Group
W/SWC McQueen Rd & Chandler Blvd  Chandler
0.57 C-3 225,000
394,736		 9.06 3/20 Xing Ling Chen
S/SWC Drinkwater Blvd & Indian School Rd
Scottsdale
0.07 C-2 425,000
6,071,428
 139.39 3/20 Anselm Bischof
S/SWC Cotton Ln & Greenway Rd  S urprise,
1.25 Commercial 775,000
620,000		 14.23 3/20 Rehman Ahmed
E/NEC Mesa Dr & Southern Ave   Mesa
1.47 Commercial 205,000
139,455		 3.20 3/20 Hai Ho
N/NWC Elliot & Signal Butte Rds   Mesa,
74.1 AG 16,135,000
217,716		 5.00 3/21 Mortenson Development Inc
W/SWC Ralston & Farrell Rds   Maricopa,
1,417.41

 AG 6,000,000
4,233		 0.10 3/21 John D Musi
SEC 23rd Ave & Camelback Rd   Phoenix
0.69 C-2 1,100,000
1,594,202
 36.60 3/21 Richard W Hollan

Location
#
Lots
Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
N/NWC Perryville & Camelback Rds
Litchfield Park
13 finished lots 817,500
62,884
1,258		 3/18 Gehan Home
SE/SEC Ellsworth Rd & Ray Rd
Mesa,
160 platted 7,136,915
44,605
1,037		 3/19 Lennar Homes
N/NEC Greenfield Rd & Germann Rd
Gilbert,
70 platted 22,125,000
316,071
2,485		 3/20 SOMERSET DEVELOPMENT GROUP 
E/NEC Lake Pleasant Pkwy & Deer Valley Rd    Peoria
3 finished lots 326,520
108,840
1,979		 3/20 Hovnanian Home
E/NEC Cotton Ln & Estrella Pkwy
Goodyear
12 finished lots 904,800
75,400
1,450		 3/21 Beazer Home
E/NEC Cotton Ln & Estrella Pkwy
Goodyear
79 finished lots 5,956,600
75,400
1,450		 3/21 JEN Partner
W/NWC Signal Butte & Warner Rds
Mesa,
10 partially finished lots 909,750
90,975
1,654		 3/21 Ashton Wood
W/NWC Jackrabbit Trl & Indian School Rd   Litchfield Park,
6 partially finished lots 420,000
70,000
1,400		 3/21 William Ryan Homes
E/NEC Vistancia Blvd & Lone Mountain Pkwy
Peoria,
3 finished lots 415,000
138,333
2,305		 3/21 David Weekley Home

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
 
Walter Unger, CCIM - 
Senior Associate Broker
 
520.975.5207 (cell) -   [email protected]
Designated Broker - Jim Kasten, CCIM   602.677.0655  (office)