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N Overfield rd - 72 AC in Casa Grande 72 Acres of Residential Land Offered at $995,000 in Casa Grande, AZ 85194
INVESTMENT HIGHLIGHTS
- Easy access to I-10 and local amenities
- Located in a growing Casa Grande market
EXECUTIVE SUMMARY
72-acre property in Casa Grande, Arizona, zoned for low-density, single-family residential development under the Overfield Farms PAD district. While zoning allows for up to four units per acre, ADWR restrictions limit subdivisions to five lots per parcel, potentially impacting development feasibility.
Alternative uses, such as commercial, institutional, or multi-family residential, may be possible with a zoning amendment aligning with the city’s General Plan. Infrastructure is a key consideration—water may be available through Arizona Water Company, but sewer infrastructure is lacking, requiring septic systems unless subdivision triggers sewer requirements.
Future development will also require right-of-way improvements along Overfield Road, Evans Road, and Lakeland Drive. This report assesses the property’s market value and development potential given these factors.
Alternative uses, such as commercial, institutional, or multi-family residential, may be possible with a zoning amendment aligning with the city’s General Plan. Infrastructure is a key consideration—water may be available through Arizona Water Company, but sewer infrastructure is lacking, requiring septic systems unless subdivision triggers sewer requirements.
Future development will also require right-of-way improvements along Overfield Road, Evans Road, and Lakeland Drive. This report assesses the property’s market value and development potential given these factors.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $995,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 72.00 AC |
| Property Type | Land |
| Price | $995,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 72.00 AC |
1 LOT AVAILABLE
Lot
| Price | $995,000 | Lot Size | 72.00 AC |
| Price Per AC | $13,819.44 |
| Price | $995,000 |
| Price Per AC | $13,819.44 |
| Lot Size | 72.00 AC |
Huge price drop from $2,950,000. Prime 72-acre Casa Grande site zoned for residential. Flexible development potential with option for rezoning. Ideal for low-density homes with future growth opportunities.
PROPERTY TAXES
| Parcel Number | 401-08-004K | Improvements Assessment | $0 |
| Land Assessment | $211,144 | Total Assessment | $211,144 |
PROPERTY TAXES
Parcel Number
401-08-004K
Land Assessment
$211,144
Improvements Assessment
$0
Total Assessment
$211,144
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Dande CRE
N Overfield rd - 72 AC in Casa Grande
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