Weekly Land Closing Update through July 20, 2018 
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES

Zoning
Sale Price
$/AC
$
Per SF
Sale Date
Comments
Buyer
E/NEC 107th Ave & Indian School Rd P hoenix
4.02 R4-A 800,000
199,004
4.57 7/16
Virtua Partners

W/SWC Cooper & Judd Rds
Florence
63.39 AG 1,124,982
17,746
0.41 7/16 Langley Properties
NEC Victoria Ln & Ocotillo Rd.   Queen Creek
32.96 Residential 5,604,169
170,029
3.90 7/16
Proposed for a 148-lot SFR subdivision
Taylor Morrison
NEC 163rd Ave & Pinnacle Peak Rd    Surprise
144.28 Residential 12,250,000
84,904
1.95 7/16  proposed for 409 SFR lots
Fulton Homes 

S/SEC Power & Pecos Rds
Queen Creek
4.95 Commercial 1,000,000
201,682
4.63 7/16 Amerco / Amerco Real Estate
NEC McQueen & German.   Chandler
36.00 AG 13,000,000
361,111
8.29 7/17  Proposed for a 242-lot SFR subdivision 
4.67 RU-43 3,200,000
684,763
15.72 7/17 Planned for 3-story 829 unit storage facility
StoreAmerica
N/NWC Litchfield & Waddell Rds  Surprise
4.80 Commercial 2,900,000
604,177
13.87 7/17 Planned for 3-story 705 unit storage facility
StoreAmerica
E/SEC 69th Ave & Bell Rd
Glendale
1.00 C-2 885,000
888,624
20.40 7/17 Fry's Food and Drug
W/NWC 75th Ave & Thomas Rd    Phoenix
4.19 C-2 1,800,000
429,501
9.86 7/18 United Growth
W/SWC Lake Pleasant Pkwy & Pinacle Peak Rd
Peoria
3.91 Residential 1,000,000
255,754
5.87 7/19 Proposed for development of office and/or mini-storage facilities
Wesley Development

W/NWC 75th Ave & Thomas Rd    Phoenix
2.35 C-2 1,876,428
796,712
18.29 7/19
Maricopa Integrated Health System
SWC I- 10 Baseline Rd
1.59 Commercial 2,700,000
1,609,977
36.96 7/20 Grossman Company Properties
W/NWC SR- 202 Baseline Rd   Mesa,
32.60 Residential 8,485,802
260,300
5.98 7/20 Proposed for a SFR subdivision with 197 lots
Woodside Homes
Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
N/NWC Perryville & Camelback Rds
Litchfield Park
53 finished lots 3,218,74
60,731
867
7/18 JEN Partners
N/NWC Jackrabbit Trl & Yuma Rds
Buckeye
62 finished lots 2,875,406
46,377
966
7/19 Lennar Homes
S/SEC Ellsworth & Elliot Rds
Mesa
62 platted lots 3,292,200
53,100
1,180
7/19 Shea Home
W/SWC Signal Butte & Ray Rds
Mesa,
7 finished lots 805,500
115,500
1,650
7/19 Ashton Wood

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)