Weekly Land Closing Update through August 24, 2018 
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES

Zoning
Sale Price
$/AC
$
Per SF
Sale Date
Comments
Buyer
NWC 43rd Ave & Lower Buckeye Rd.   Phoenix
4.88 Industrial 1,061,715
217,564

4.99 8/20 Hopewell Development 
W/SWC Dean Rd & Southern Ave.  Buckeye
54.07 Industrial 1,190,000
22,008
0.51 8/20 Julie Ann Jones
E/NEC Val Vista Dr & Germann Rd   Gilbert
2.41 Commercial 1,100,000
456,431
10.48 8/20 Matthew D Moore
S/SWC 83rd Ave & Van Buren St   Tolleson
8.39 Industrial 1,600,000
190,703
4.38 8/21 Cohen Asset Management
S/SWC Black Mountain Pkwy & Carefree Hwy
Cave Creek
1.17 C-2 400,000
341,880
7.85 8/21 Greulich's
SWC Ellsworth Loop & Rittenhouse Rd
Queen Creek
1.21 C-2 850,000
702,479
16.13 8/21 Barrio Queen
W/SWC Ray & Power Rds
Gilbert
5.52 Commercial 1,922,368
348,255
7.99 8/22  Planned for Alamo Drafthouse Cinema, an 8 screen cinema and drafthouse
Alamo Drafthouse Cinema

Bass Canyon
Marana
36.74 Residential 404,140
11,000
0.25 8/22 Meritage Homes
N/NEC 7th St & Indian School Rd    Phoenix
0.33 C-2 1,025,000
3,106,060
71.31 8/23 Quick N Clean Carwash
NWC 239th Ave & Broadway Rd   Buckeye
66.04 AG 1,980,000
29,981
0.69 8/24 Verde Investments Inc
SWC Higley & Elliot Rds
Gilbert,
4.01 Commercial 1,725,000
430,174

9.88 8.24 Church of Jesus Christ of Latter-Day Saints (LDS Church)
NW/NWC 99th Ave & Buckeye Rd  Phoenix
38.64 Industrial 6,850,000
177,277
4.07 8/24 Proposed for a 5,280 parking space lot expansion to existing Carvana facility 
Verde Investments Inc
S/SEC San Tan Village Pkwy & Ray Rd  Gilbert
13.70 Commercial
9,457,500
690,328
15.85 8/24 Leon Capital Group
E/NEC 7th Ave & Broadway Rd   Phoenix,
9.48 R-5 1,525,000
160,864
3.69 8/24 Double Escrow

Shahriyar Zomorrod

E/NEC 7th Ave & Broadway Rd   Phoenix
9.48 R-5 1,932,989
203,901
4.68 8/24 Double Escrow
Chicanos Por La Causa
E/NEC Yuma Rd & Cotton Ln   Goodyear
1.02 Commercial 825,000
808,823

18.57
Rehman Ahme
Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
S/SWC 24th St & Baseline Rd  Phoenix,
10 finished lots 779,820
77,982
1,499
8/20 Beazer Home
W/NWC Signal Butte & Warner Rds   Mesa,
3 finished lots 413,333
137,777
2,296
8/20 David Weekley Homes
E/NEC Citrus & Yuma Rds    Goodyear
21 finished lots 1,559,250
74,250
1,350
8/20 Richmond American Homes
E/NEC Cave Creek Rd & Deer Valley Dr
Phoenix

15 finished lots 2,611,806
174,120
2,934
8/23 Taylor Morrison
E/NEC Cave Creek Rd & Deer Valley Dr
Phoenix
10 finished lots 1,891,465
174,120
2,934
8/23 Pulte Homes
E/SEC Signal Butte Rd & Via del Jardin   Queen Creek
129 finished lots 9,578,250
74,250
1,356
8/24 Toll Brother

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)