Kasten Long Commercial Group
 
 
Walter Unger CCIM - I AM YOUR LAND SPECIALIST
Weekly Land Closing Update through February 1, 2019  
Phoenix Metro - Maricopa County - Pinal County

Location
Acres

Zoning
Sale Price
$/AC
  Per SF
Sale Date
Comments
Buyer
SW/SWC Goldfield Rd & Baseline Rd
Apache Junction
40.00 Residential 2,400,000
60,000

1.38 1/28 Proposed for ±265 SFR 
Kauffman Homes

SEC Cotton Ln & Camelback Rd
Goodyear
10.06 Commercial
1,759,824
174,932
4.02 1/28 First Industrial Realty Trust
W/NWC Power & Pecos Rds.   Gilbert,
7.75 Industrial 807,040
104,134
2.39 1/29 Alfredo A Lopez
E/SEC 59th Ave & Baseline Rd
Laveen
3.39 Commercial 2,165,000
638,642
14.66 1/29
planned for "Aldi" grocery store.
Aldi Inc
SEC Hardy Dr and Guadalupe Rd
Tempe,
1.43 Commercial 620,000
433,566
9.95 1/30 Akira Nakasu
S/SEC 67th Ave & Glendale  Glendale
6.87 R-4 790,000
114,992
2.64 1/30 Vecino Group
E/SEC 7th St & Bell Rd
Phoenix
0.71 Commercial 800,000
1,126,760
25.87 1/30 Simon Commercial Real Estate
NWC 32nd St & Van Buren St  Phoenix
15.12 C-2 11,342,826
750,186
17.22 1/31 Proposed for 288,500 SF VA Clinic 
Berkana Homes

N/NEC I-17 & Jomax Rd
Phoenix
20.54 Commercial 4,500,000
219,084
5.03 1/31 Proposed for a future multifamily residential development
NexMetro Communities
E/NEC 19th Ave & Happy Valley Rd  Phoenix
5.00 RU-43 700,000
140,000
3.21 2/1 Paradise Valley Apostolic Church Association
N/NEC Scottsdale & Lone Mountain Rds
Scottsdale,
13.31 R-3 8,636,000
648,835
14.90 2/1 Hovnanian Home
SWC 32nd St & Southern Ave   Phoenix,
7.34 S-1 1,150,000
156,675
3.60 2/1 Zachary A Pebler
N/NEC I-17 & Jomax Rd
Phoenix
7.17 S-1 1,350,000
188,284
4.32 2/1 Fortress RV Storage
SEC 19th Ave & Happy Valley Rd
Phoenix
3.20 Commercial
1,220,463
381,394
8.76 2/1 Kemper & Ethel Marley Foundation
SEC 19th Ave & Happy Valley Rd
Phoenix
4.29 Commercial 1,848,301
430,841
9.89 2/1 Kemper & Ethel Marley Foundation 
SEC 19th Ave & Happy Valley Rd  Phoenix
21.10 Commercial 7,748,816
367,242
8.43 2/1 Garrett Development Corporation
SEC 19th Ave & Happy Valley Rd  Phoenix, 
1.37 Commercial 1,225,000
894,160
20.53 2/1 Cobblestone Auto Spa
SEC 19th Ave & Happy Valley Rd Phoenix,
17.14 Commercial 7,450,000
434,655
9.98 2/1 Harvard Investment
N/NEC 51st & Southern Aves   Phoenix
18.51 RU-43 1,950,000
105,348
2.42 2/1 Vulcan Materials Company

Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
SWC 187th Ave & Van Buren St
Goodyear
409 platted lots 9,547,013
23,342
453
1/28 Forestar Group
W/NWC Loop 303 & Lone Mountain Pkwy
Peoria
7 finished lots 924,434
132,062
1,886
1/28 David Weekley Homes
E/SEC Ellsworth & Ray Rds
Mesa
7 finished lots 734,286
104,898
1,808
1/29 David Weekley Home
S/SWC 16th St & Southern Ave
Phoenix
25 finished lots 2,000,000
80,000
1,777
1/29 KB Home
SEC Signal Butte & Riggs Rds
Queen Creek
90 platted lots 2,888,428
32,093
713
1/30 Landsea Homes
W/NWC Jackrabbit Trl & Indian School Rd   Litchfield Park, 
6 partially finished 420,000
70,000
1/30 William Ryan Home

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)