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Pinial Avenue - Elaine Farms 216.69 Acres of Residential Land Offered at $13,000,000 in Casa Grande, AZ 85122
Executive Summary
This property benefits from a Certificate of Assured Water Supply and is nearing full planning and engineering approval from the City of Casa Grande for 715 single family residential lots. The planned lot mix includes 45' x 120' and 50' x 120'.. Over $1 million has been invested in planning and engineering to date, creating a significant head start for a future buyer. Seller is motivated.
Property Facts
| Price | $13,000,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 216.69 AC |
| Property Type | Land | ||
| Zoning | R-2 - The property is zoned R-2, allowing for 5' x 5' side yard setbacks, and is currently planned for 715 single family residential lots. | ||
| Price | $13,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 216.69 AC |
| Zoning | R-2 - The property is zoned R-2, allowing for 5' x 5' side yard setbacks, and is currently planned for 715 single family residential lots. |
1 Lot Available
Lot
| Price | $13,000,000 | Lot Size | 216.69 AC |
| Price Per AC | $59,993.54 |
| Price | $13,000,000 |
| Price Per AC | $59,993.54 |
| Lot Size | 216.69 AC |
This property consists of 216.69 acres that has been actively farmed over the years, with crop rotation occurring across different portions of the property annually. The property also benefits from a Certificate of Assured Water Supply.
Description
The property is planned for 715 single family lots, featuring a mix of 45' x 120' and 50' x 120' lot sizes. It also benefits from a Certificate of Assured Water Supply, which can save a future developer significant time and capital. Strategically located, the property is considered one of the premier residential development sites in all of Casa Grande.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $99,564 | Total Assessment | $99,564 |
Property Taxes
Parcel Numbers
Land Assessment
$99,564
Improvements Assessment
$0
Total Assessment
$99,564
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Pinial Avenue - Elaine Farms