Kasten Long Commercial Group
 
 
Walter Unger CCIM - I AM YOUR LAND SPECIALIST
Weekly Land Closing Update through March 15, 2019  
Phoenix Metro - Maricopa County - Pinal County

Location
Acres

Zoning
Sale Price
$/AC
  Per SF
Sale Date
Comments
Buyer
E/SEC Rittenhous & Ocotillo Rds
Queen Creek
5.38 I-1 1,298,000
241,263
5.54 3/11 Amerco Real Estate
W/SWC Happy Valley Rd & SR303    Peoria
22.83 RU-43 2,472,337
108,293
2.45 3/11 Proposed for Rezoning to allow for development of a multi-use Commerce Center
STORAGE BROKERS LLC.

N/NEC Porter & Bowlin Rds   Maricopa

23.24 Commercial 980,100
42,172
0.96 3/11 Heritage Academy
W/SWC 52nd St & Thomas Rd  Phoenix,
0.61 C-2 413,511
667,886
15.33 3/11 52 THOMAS INVESTMENT LLC
S/SEC 16th St & Broadway Rd Phoenix
4.53 Commercial 520,000
114,790
2.64 3/12 Albert Khalili
SWC 7th St & Pinnacle Peak Rd   Phoenix
5.74 Industrial 2,000,000
348,432
8.00 3/12 Frontline Real Estate Partners
W/NWC Ironwood Dr & Guadalupe Rd
Apache Junction
4,82 CI-2 700,000
145,228
3.33 3/12 NEWPORT DEVELOPMENT & INVESTMENTS LLC
S/SEC Gilbert & Queen Creek Rds
Chandler
1.09 Commercial 520,520
317,390
7.29 3/12 Planned for ±4,000 SF restaurant building.
Bradley N Forsgren

W/SWC Ash Ave & Rio Salado Pkwy   Tempe,
1.64 R-3 5,850,000
3,567,073
77.30 3/12 Planned for 32 unit 3-story townhome development totaling ±60k SF
Caliber Wealth Development
SEC Cave Creek Rd & Tatum Blvd  Phoenix
2.85 C-2 2,100,000
736,842
17.54 3/13  Proposed for 116,400 SF two story building, with basement level below grad
Garrett Development Corporation

W/SWC 16th & Jefferson Sts  Phoenix
0.84 C-O 300,000
357,142
8.20 3/14 Michael J Lafferty
E/SEC Recker Rd & Main St  Mesa
4.47 Commercial 1,190,000
266,219
6.11 3/14 LMAD DEVELOPMENT LLC
W/SWC Power & Pecos Rds   Gilbert,
3.27 Commercial 600,000
183,287
4.21 3/15 Mint Homes
SEC 148th St & Dixileta Dr  Scottsdale
15.21 RU-43 1,000,000
65,746
1.51 3/15 Joey Platt
N/NEC Pinal Ave & McCartney Rd
Casa Grande
1.30 Commercial

500,000
384,615
8.82 3/15 vacant retail pad
Andrew Jin-Chang Chern

S/SEC Lindsay Rd & Ocotillo Rd   Chandler
79.50 RU-43 24,800,000
311,949
7.16 3/15 Proposed for 241-lot gated subdivision
Hearthstone
SEC Dysart & Camelback Rds   Litchfield Park,
1.54 Commercial 1,925,000.
1,250,000
28.69 3/15 Mays and Company
W/SWC 91st Ave & Broadway Rd  Tolleson,
15.52 RU-43 480,000
30,927
0.71 3/15 William A Kozub

Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
E/NEC Cotton Ln & Estrella Pkwy
Goodyear.
86 platted and engineered 5,860,900
68,150
1,450
3/11 Avatar Home
S/SWC 91st Ave & Pinnacle Peak Rd
Peoria
3 finished lots 326,520
108,840
1,979
3/12 Hovnanian Home
NWC Ocotillo & Crismon Rds
Queen Creek,
193 partially
finished lots
10,455,000
54,170
3/13 Lennar Home
S/SWC 24th St & Baseline Rd
Phoenix
4 finished lots 311,928
77,982
1,616
3/14 Beazer Homes

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)