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- LoopNet Team
SW Kortsen & Peart Rd
Casa Grande, AZ 85122
Multi-Family Rental Opportunity · Land For Sale
·
10.20 AC
Investment Highlights
- Street improvements complete, all utilities close to property, level site, centrally located.
Property Facts
| Property Type | Land | Total Lot Size | 10.20 AC |
| Property Subtype | Residential | Cross Streets | Kortsen |
| Proposed Use | Multifamily | ||
| Zoning | PAD | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 10.20 AC |
| Cross Streets | Kortsen |
| Zoning | PAD |
Description
This 10.2 acre parcel, zoned for attached single family, townhome or condominium residential uses (including duplexes and cluster housing) at density of 8 to 12 units/ac (per the PAD), is located in the very successful G Diamond Ranch development. The newly developed City of Casa Grande multi-generational Recreation Center is located directly to the east with large lot residential to the south. Conveniently located in central Casa Grande this residential property is prime for higher density development. The city is currently experiencing rapid residential growth, with 17 single family homebuilders actively building. Demand for higher density housing is fueled by the successful development of Lucid Motors, the groundbreaking of Nikola truck manufacturer, & other local employers. The G Diamond Ranch PAD documents are available upon request. The site is age restricted to 55 plus, limited to a maximum of two stories and no south facing windows. Colorado Street improved with curb, gutter, sidewalk. Sewer line in Colorado St and Kortsen Rd, Water line in Kortsen Rd and likely Colorado St. Use may be limited to rental only and a maximum of 5 lots, due to certificate of assured water supply. Please confirm.
Property Taxes
| Parcel Number | 505-01-670H | Improvements Assessment | $0 |
| Land Assessment | $1,198,965 | Total Assessment | $1,198,965 |
Property Taxes
