Weekly Land Closing Update through July 27, 2018 
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES

Zoning
Sale Price
$/AC
$
Per SF
Sale Date
Comments
Buyer
W/SWC McClintock Dr & Guadalupe Rd   Tempe
0.86 Commercial 500,000
578,041

13.27 7/23 Ten40 Church
W/NWC Citrus Rd & Peoria Ave   Surprise
784.97 Residential 62,481,328
79,597
1.83 7/23 Planned for 2,207 lot subdivision "Toll at Prasada".
Toll Brothers
W/NWC 7th & Southern Aves  Phoenix
9.45 R1-6 800,000
84,656
1.94 7/24 Wiin Wholesale Properties
W/NWC 7th & Southern Aves   Phoenix

9.45 R1-6 975,000
103.174
2.37 7/24 Michael Jarman
double escrow
NWC Pecos & Hawes Rds
Mesa
77.71 M-1
Light Industrial
9,053,837
116,508
2.67 7/25 Mauricio R Kleinburg
W/NWC Loop 101 & Rio Solado Pkwy   Tempe
5.22 Commercial 6,750,000
1,293,103
29.69 7/25 The Boyer Company
W/NWC Loop  101 Rio Salado Pkwy   Tempe,
5.22 Commercial
5,000,000 21.98 7/25 American Outdoor Advertising
S/SWC Gary & Judd Rds
Queen Creek,
40.00 Residential  720,000
18,000
0.41 7/26 speculative land 
Exodyne Properties Inc

S/SEC Hunt Hwy & Arizona Farms Rd   Florence
37.13 Residential 705,280
18,994
0.44 7/26 speculative land
Peter Math
NEC Val Vista Dr & Ray Rd
Unincorporated
6.35 RU-43 1,659,834
261,391
6.00 7/26 Proposed for 56-unit multifamily in 18 single-story building
New Village Home

N/NEC Priest Dr & Warner Rd.   Phoenix
4.00 commercial 1,868,400
421,600
9.68 7/27 Proposed for one single story 83,130 SF climate controlled self storage building
Hines

SW/SWC Sossaman Rd & Southern Ave   Mesa
2.20 Industrial 958,872
435,850

10.01 7/27 Proposed for one 15,203 SF plasma donation facility with 107 parking spaces
Build to Suit In

NEC 99th & Olive Ave's
Peoria,
8.93 AG 1,500,000
167,973
3.86 7/27 Proposed for up to 38 SFR homes 
Garrett Walker Home

N/NEC Gilbert & Elliot Rds
Gilbert
2.55 Residential 1,500,000
588,060
13.50 7/27 William Bryson Bennet
Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
7 finished lots 525,000
75,000
7/23 Alan E Thome
E/NEC Bullard Ave & Cactus Rd
Surprise
13 finished lots 768,991
59,153
1,045
7/23 Ashton Wood
N/NEC Verrado Way & Yuma Rd
Buckeye
8 finished lots 491,976
61,497
1,160
7/25 Ashton Wood
E/SEC 143rd Ave & Jomax Rd   Peoria
8 finished lots 952,000
119,000
1,700
7/26 DR Horton
E/NEC Cave Creek Rd & Deer Valley Dr
Phoenix
16 partially
finished lots
2,461,576
153,848
2,937
7/26 Pulte Homes
W/NWC Loop 303 & Lone Mountain Pkw
Peoria
8 finished lots 984.616
123,077
1,758
7/26 David Weekley Home
W/NWC Black Mountain Pkwy & Deer Valley Dr
Phoenix
10 partially finished n 1,608,853
160,885
7/26 Taylor Morrison
N/NWC Perryville & Camelback Rds
Litchfield Park
7 finished lots 664,062
94,866
1,335
7/27 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)