Weekly Land Closing Update through February 2, 2018 
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES
SF
Zoning
Sale Price
$/AC
$
Per SF
Sale Date
Comments
Buyer

E/NEC Greenway & Litchfield Rds
Surprise
1.22 Commercial 430,000
352,400
8.09 1/29 Glenn A Ashmore
SWC Greenfield & Appleby Rds
Gilbert
3.25 RU-43 360,000
110,642
2.54 1/29 Darin Barney
W/NWC Ellsworth & Germann Rds
Mesa
1.23 Industrial 266,805 5.00 1/29 Weber Water Resources
W/SWC 7th St & Pinnacle Peak Rd
Phoenix
4.70 Industrial 1,400,000
297,950
6.84 1/31 Ralph Henig
N/NEC 9th & Van Buren Sts
Phoenix
0.63 R-5 800,000
1,267,160

29.09 1/31 Scott T Kilkenny
NWC 67th Ave & Indian School Rd
Phoenix
0.46 C-2 289,000
628,260
14.42 1/31 Suzanne Abusada
W/SWC Ellsworth Loop & Rittenhouse Rd.  Queen Creek
0.83 Commercial 1,150000
1,387,386
31.85 1/31 Larry Veach
E/NEC SR- 101 Apache Blvd
1.49 Commercial 1,265,00
849,420
19.51 2/1 Cardinal Capital Management
S/SEC 75th Ave & Bell Rd
Glendale
8.22 Residential 1,975,000
240,267
5.52 2/1 K Hovnanian Homes
W/SWC SR-87 & Steele Rd
Casa Grande
198.57 AG 2,157,101
10,863
0.25 2/1
Wuertz Gourd Farm


NEC 118th Street & Jomax Road
Scottsdale
40.23 Residential
R-1
6,695,000
166,418
3.82 2/1 proposed for a 51-lot single family residential subdivision
Toll Brothers2
E/NEC 7th & Jackson Sts
Phoenix,
0.80 Industrial 435,000
545,371
12.52 2/1
Dixon Cowley


S/SEC 40th St & University Dr
Phoenix
0.56 Industrial 280,000
509,118
11.55 2/1 Samuel Brett Lutrin
SWC 71st Ave & Bethany Home Rd
Glendale
14.59 Residential 1,160,400
79,714
1.83 2/2 Proposed for "Bethany Ranch," a 56-lot SFR subdivision.
Garrett Walker Homes


Location

#
Lots

Zoning
Sales Price
$ per lot
Sale Date
Comments
Buyer
E/SEC Quail Run Ln & Bella Vista Rd
San Tan Valley
180 finished lots 7,550,250
41,945
1/30 Meritage Homes
W/NWC Perryville Rd & Peoria Ave
Surprise
116 finished lots 8,700,000
75,000
1/30 Richmond American Homes 
E/NEC Bullard Ave & Cactus Rd
Surprise
6 finished lots 372,921
62,153
1/30 TerraWest Communities
E/NEC Superstition Fwy & Superstition Mountain Dr
Gold Canyon
29 finished lots 2,111,666
72,816
1/31 Paradigm Private Equity 
N/NEC & S/SEC Hartman & Honeycutt Rds
Maricopa
132 finished lots 3,960,000
30,000
1/31 DR. Horton
S/SWC Estrella Pkwy & Elliot Rd
Goodyear
25 finished lots 1,584,375
63,375
1/31 Coronado West
NWC Deer Valley & Citrus Rds
Surprise
32 finished lots 1,670,550
52,204
2/1 Garrett Walker Homes
NEC N 172nd St & E Rio Verde Dr
Rio Verde
3 finished lots 684,000
228,000
2/2 Toll Brothers

Data Source: CoStar, BREW, Vizzda plus personal information
"In business as in life, you don't get what you deserve you get what you negotiate." - Chester L Karrass

"You miss 100 percent of the shots you never take, and if you think it's expensive to hire a professional to do the job, wait until you hire an amateur "  

 With over 20 years of experience in three separate countries Walter brings exceptional knowledge in deal making.

Kasten Long Commercial Group
 
Walter Unger, CCIM - 
Senior Associate Broker
 
520.975.5207 (cell) -   WalterUnger@ccim.net
Designated Broker - Jim Kasten, CCIM   602.677.0655  (office)