Weekly Land Closing Update through May 11, 2018 
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES

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

N/NEC 51st Ave & Lower Buckeye Rd.    Phoenix,
2.2 Industrial 415,000
188,614
4.33 5/7 Frederick W Gant
W/NWC Vistancia Blvd & El Mirage Rd   Peoria
43.32 Commercial 6,093,456
177,548
4.08 5/7 Levine Builders
W/NWC Recker Rd & Williams Field Rd.  Gilbert
22.13 AG 6,796,078
307,098
7.05 5/7 Proposed for 408 units in nine total one- two- and three- story buildings
Edward B Frankel

Desert Mountain
Scottsdale
49.37 Residential 700,000
14,178
0.33 5/8
SEC Pinal Pioneer Pkwy & Park Link Dr. Pinal County

397.39 GR 1,400,000
3,522
0.08 5/8 Charles C Goff
N/NEC Wheeler & Phillips Rds
Eloy
72.60 AG 400,000
5,509
0.13 5/8 Jose Antonio Salcido
N/NEC Hawes & Warner Rds
Mesa
38.02 Industrial 4,450,000
117,043
2.69 5/8 Stewart Development
W/SWC McQueen & Elliot Rd
Gilbert
1.08 Industrial 420,000
385,941
8.86 5/9 Royal Arabians
W/NWC Greenfield & Germann Rds
Gilbert
12.40 Residential 2,300,000
185,483
4.26 5/9 Avatar Homes
S/SEC Greenway Hayden Loop & Frank Lloyd Wright Blvd
Scottsdale
1.30 Industrial 1,250,000
963,547
22.12 5/11 ames K Lassetter
N/NEC Val Vista Dr & Germann Rd
Gilbert
2.21 Commercial 1,202,425
544,500
12.50 5/11 MedProperties Grou
SWC Miller & Pinnacle Peak Rds
Scottsdale
23.00
R-5
23,000,000
1,000,000
22.96 5/11
182-UNIT multi-family residential development
Hovnanian Home
that makes it 
$126,373.00 per door for the raw land only
Location
#
Lots

Zoning
Sales Price
$ per Lot
Sale
Date
Comments
Buyer
W/NWC Scottsdale & McDowell Rds
Scottsdale
9 platted- engineered lots 1,105,693
122,854
5/7 Hovnanian Homes
W/SWC Scottsdale & McDowell Rds
Scottsdale
4 platted- engineered lots
817,867
204.466
5/7 Hovnanian Home
N/NWC 75th Ave & Broadway Rd
Phoenix
176 finished lots 7,423,597
42,179
5/9 Richmond American Homes
S/SEC Ellsworth & Elliot Rds
Mesa
56 platted
engineered
3,234,000
57,750
5/10 Taylor Morrison
W/NWC 91st Ave & Deer Valley Rd
Peoria
7 finished lots 712,365
101,766
5/10 Hovnanian Home
SEC Riggs & Recker Rds
Queen Creek,
18 platted
engineere
1,500,000
83,333
5/11 Jeff Sawyer

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)