Weekly Land Closing Update through June 22, 2018 
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES

Zoning
Sale Price
$/AC
$
Per SF
Sale Date
Comments
Buyer
SEC SR-51 & Thomas Rd
Phoenx
0.76 C-O 600,000
784,951
18.02 6/18 Pearl M Tang
E/NEC Arizona Ave & Warner Rd.  Chandler
1.87 Commercial 600,000
321,472
7.38 6/18 Kenneth P Roberts
S/SEC Ellsworth & Rittenhouse Rds
Queen Creek
1.02 C-2 725,000
709,592
16.29 6/18 Avalon Investments Inc
E/NEC 32nd St & Southern Ave.  Phoenix
10.29 R-5 1,790,000
173,804
3.99 6/19 Evergreen Development Company
N/NEC RH Johnson Blvd & Camino Del Sol.  Sun City West.
8.77 C-2 1,500,000
171,190
3.93 6/20 Metropolitan Land Company
N/NWC Cotton Ln & Yuma Rd.  Goodyear, AZ
22.56 AG 2,364,600
104,813
2.41 6/20  Proposed for 90 lot single family detached subdivision 
Mattamy Homes

N/NWC 19th Ave & Thunderbird Rd.
Phoenix,
9.89 R1-10 560,000
566,280
1.30 6/20 Norman John Bashkingy
W/NWC Dobson Rd & Frye Rd.  Chandler
8.790 AG 4,441,207
504,860
11.59 6/20 Proposed for 340 residential units with 187-1br and 153-2br units
Kaplan Management 
NEC Ironwood & Ocotillo Rds.  San Tan Valley
3.04 Commercial 1,130,000
371,566
8.53 6/20  planned for 34,000 SF "La Fitness" Anchor and a "Starbucks" pad
Realty Income Corporation

W/SWC 51st Ave & Bell Rd
Glendale
8.04 Commercial 1,500,000
186,436
4.28 6/21 David B Hay
SWC Broadway Rd & Avondale Blvd
Avondale 
182.17 RU-43 8,325,000
45,699
1.05 6/21 Portion of land proposed for 3,695-lot residential subdivision
Empire West Title Agency

E/NEC Higley & Baseline Rds.  Mesa
0.97 Commercial 702,420
723,096
16.60 6/21 David R Lovejoy
N/NWC 28th St & Broadway Rd.  Phoenix
2.00 Industrial  550,000
274,863
6.31 6/21 Alliance Plumbing
W/SWC Cooper Rd & Chandler Blvd
Chandler
9.72 Commercial 3,131,684
322,344
7.40 6/22 James Barton Patterso
SWC Brown Rd & Mesa Dr
MesA
0.91 Commercial
925,000
904,741
20.77 6/22 James L Nesbitt
N/NEC Watson & Yuma Rds
Buckeye
2.10 Commercial 1,648,134
784,080
18.00 6/22 The Rivett Grou
Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
W/NWC SR-303 & Lone Mountain Pkwy
Peoria
8 partially 
finished lots
831,400
103,925
1,960
6/18 William Ryan Homes
S/SWC 24th St & Baseline Rd
Phoenix
6 finished lots 467,892
77,982
1,500
6/19 Beazer Homes
W/NWC Jackrabbit Trl & Indian School Rd 
6 finished lots 420,000
70,000
1,400
6/20 William Ryan Homes
E/NEC Cave Creek Rd & Deer Valley Dr
Phoenix
17 finished lots 2,546,269
149,780
2,995
6/21 Pulte Homes
NW/NWC Perryville Rd & Peoria Ave
Surprise
10 finished lots 580,628
58,062
1,117
6/21 Beazer Homes
51st Ave & Broadway Rd
Phoenix
8 finished lots 322,045
40,255
839
6/22 Joseph Carl Mulac II
NW/NWC 163rd Ave & US 60
Surprise
6 finished lots 504,000
84,000
1,050
6/22 Courtland Communitie

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) -   WalterUnger@ccim.net
Designated Broker - Jim Kasten, CCIM   602.677.0655  (office)