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Peters Rd - ±155.79 AC NEC Peters Rd & Midway Rd 155.79 Acres of Agricultural Land Offered at $5,452,650 in Casa Grande, AZ 85222
INVESTMENT HIGHLIGHTS
- UTILITY SERVICE AREA | Electric: Electric District No. 3 | Natural Gas: Southwest Gas | Water: Well (Non-existing)
EXECUTIVE SUMMARY
±3 miles north of the ±2,360 AC Attessa Motorsports Complex, which will eventually include residential homes, a hotel, a convention center and a private air strip
±4.5 miles west of Lucid’s newly-completed Ph. 1 electric vehicle manufacturing plant
Full diamond interchange 2.5 miles south of the site at Montgomery Rd & I-8
±4.5 miles west of Lucid’s newly-completed Ph. 1 electric vehicle manufacturing plant
Full diamond interchange 2.5 miles south of the site at Montgomery Rd & I-8
PROPERTY FACTS
| Price | $5,452,650 | Property Subtype | Agricultural |
| Sale Type | Investment | Proposed Use | Hold For Investment |
| No. Lots | 1 | Total Lot Size | 155.79 AC |
| Property Type | Land | ||
| Zoning | GR - General Rural | ||
| Price | $5,452,650 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | Hold For Investment |
| Total Lot Size | 155.79 AC |
| Zoning | GR - General Rural |
1 LOT AVAILABLE
Lot
| Price | $5,452,650 | Lot Size | 155.79 AC |
| Price Per AC | $35,000.00 |
| Price | $5,452,650 |
| Price Per AC | $35,000.00 |
| Lot Size | 155.79 AC |
A ±155.79 AC vacant, unimproved, GR-zoned land site available for sale or lease
DESCRIPTION
Maximum lease term: Five (5) years Starting annual lease rate: $133,841.61/year ($891.21/AC/year) Annual CPI increases: 3% Improvements that are to be provided by Lessor: None Lessee’s signage: To be provided by Lessee at Lessee’s expense Sale price: $5,452,650.00 ($35,000/AC) ($0.80/SF)
1 1
PROPERTY TAXES
| Parcel Number | 503-53-005A | Improvements Assessment | $0 |
| Land Assessment | $184,877 | Total Assessment | $184,877 |
PROPERTY TAXES
Parcel Number
503-53-005A
Land Assessment
$184,877
Improvements Assessment
$0
Total Assessment
$184,877
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Peters Rd - ±155.79 AC NEC Peters Rd & Midway Rd
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