Share This Listing

Message

927 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

501 N. Highway 87 - Bool Properties, L.P. Eloy Farm 2,358 Acres of Agricultural Land Offered at $58,950,000 in Eloy, AZ 85131

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Easy access to I-10 via Hwy 87. Union Pacific Railroad Phoenix Spur Line frontage. Located along the future North-South Freeway Corridor.
  • Adjacent to Nikola Corporation electric vehicle manufacturing facility and future home to Procter & Gamble manufacturing facility.
  • Within the pro-growth City of Eloy.

PROPERTY FACTS

Price $58,950,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Agricultural
Proposed Use
Mixed Use
  • Hold For Investment
  • Agricultural
Total Lot Size 2,358.00 AC
Zoning R1-43 - R1-43 estate residential City of Eloy jurisdiction. Eloy General Plan calls for residential, commercial, and mixed-use flex designation for residenti

1 LOT AVAILABLE

Lot

Price $58,950,000
Price Per AC $25,000.00
Lot Size 2,358.00 AC

Portions of Sections 26, 28, 34 and 35, located within Township 7 South, Range 8 East, and portions of Sections 3, 9 and 10, located within Township 8 South, Range 8 East, Gila and Salt River Base and Meridian, Pinal County, Arizona. See maps attach

DESCRIPTION

Ideally located for appreciable growth in value, this 2,358 + fee acre farm is situated off Interstate 10 in the area of the proposed North-South Freeway in fast-growing Pinal County between the metropolitan areas of Phoenix and Tucson. This property is within the city limits of Eloy, whose General Plan calls for residential, commercial, and mixed-use flex designations for residential or industrial development. Currently used for row crop farmland. Cash rent farm tenants available.

  • Listing ID: 29555024

  • Date on Market: 9/19/2023

  • Last Updated:

  • Address: 501 N. Highway 87, Eloy, AZ 85131

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}