Weekly Land Closing Update through July 6, 2018 
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES

Zoning
Sale Price
$/AC
$
Per SF
Sale Date
Comments
Buyer
SWC Recker Rd & Loop 202 Red Mountain'  Mesa
1.06 Commercial 1,550,00
1,462,309
33.57 7/2 In-N-Out Burgers

E/NEC Signal Butte & Ocotillo Rds'  Queen Creek
5.64 R1-43 1,705,000
302,306
6.94 7/2 Church of Jesus Christ of Latter-Day Saints 
N/NEC Val Vista Dr & Germann Rd.  Gilbert
9.60 Commercial 4,620,169
700,009
16.07 7/3 Planned for ±60,000 SF behavioral health facility.
Springstone
E/NEC El Mirage Rd & Olive Ave.  El Mirage
2.76 Commercial 420,000
152,024
3.49 7/6 Luke Land Realty
W/NWC Dysart Rd & Peoria Ave   Surprise
11.20 Industrial 2,456,058
219,106
5.03 7/6 Janus International Group
N/NWC 99th Ave & Lower Buckeye Rd  Phoenix
2.23 Commercial 700,000 7.20 7/6 Kemper & Ethel Marley Foundation 
E/SEC Power Rd & San Tan Blvd  Queen Creek
3.42 C-3 385,000
112,384
2.58 7/6 Charlie Hess
Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
N/NWC Verrado Way & McDowell Rd.  Buckeye
68 finished lots 2,584,000
38,000
1,188
7/2 Reeb Group Ltd
S/SWC 91st Ave & Pinnacle Peak Rd.  Peoria
7 finished lots 732,171
104,595
2,091
7/2 K Hovnanian Home
SEC Ellsworth & Germann Rds
Queen Creek
138 finished lots 11,040,00
80,000
1,600
7/3 Richmond American Homes 
S/SEC Miller & McDowell Rds
Scottsdale
16 16 partially finished condominium lots
1,265,000
79,062
7/3 partially finished condominium lots
Alan Steeve


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)