Kasten Long Commercial Group
 
 
Walter Unger CCIM - I AM YOUR LAND SPECIALIST
Weekly Land Closing Update through March 8, 2019  
Phoenix Metro - Maricopa County - Pinal County

Location
Acres

Zoning
Sale Price
$/AC
  Per SF
Sale Date
Comments
Buyer
SEC Hawes & Guadalupe Rds M esa,
10.00 RS-43 2,600,000
260,000
5.79 3/4 Proposed for 96-unit garden multifamily development in 79 single-story buildings 
NEXMETRO ENCLAVE LLC
NEC 59th Ave & Broadway Rd   Phoenix
74.06 RE-35 7,777,476
105,015
2.41 4/3 Proposed for 397 single family residential lots 
WOODSIDE HOMES SALES AZ LLC

W/NWC 83rd & Glendale Ave's  Glendale
12.00 Residential 1,800,000
150,000
3.44 3/4
Proposed for a 56-lot subdivision
K Hovnanian Homes
NWC 63rd Ave & South Mountain Rd\  Laveen
36.21 R-2 3,615,827
99,857
2.29 3/4
JEN Partners
SWC Loop 101 & Beardsley   Phoenix, 
16.25 Commercial 4,670,000.
287,384
6.60 3/4
Embrey Development
SWC Signal Butte & Guadalupe Rds   Mesa
2.99 Commercial
1,551,984
519,058
11.92 3/4
Garrett Development Corporation
SWC Signal Butte & Guadalupe Rds   Mesa
1.56 Commercial 848,016
543,600
12.48 3/4
KEMF SBG STORAGE LLC
E/NEC SR-87 & Houser Rd  Coolidge
389.00 AG $23,085,682
59,346
1.36 3/4
Plan for 1,000,000 SF (electric) semi-truck plant
Nikola Motors

SWC 107th & Northern Aves   Glendale
9.99 C-2 1,200,000
120,120
2.76 3/4
Arcadia Management Group
W/NWC Tatum Blvd & Cactus Rd   Phoenix
0.80 C-2 1,050,000
1,312,500
30.13 3/4
PARADISE SALAD LLC
S/SEC Estrella Pkwy & Van Buren St  Goodyear 
1.99 Commercial
1,100,000
12.63 3/4
Estrella Women's Health Center
N/NWC 75th & Grand Aves  Peoria

12.20 I-1 875,000
71,721
1.65 3/5 WOUDENBERG PROPERTIES LLC
E/NEC McQueen Rd & Riggs Rd
Chandler
1.83 RU-43 450,000
245,901
5.65 3/5 Simon Commercial Real Estate
W/SWC El Mirage Rd & Glendale Ave  Glendale
9.07 RU-43 950,648
104,812
2.41 3/5 Proposed for 22 single family residential lots
Richmond American Homes 

NE/NEC Cooper Rd & Warner Rd
Gilbert
9.89 Residential 850,000
85,945
1.97 3/5 Proposed for 51-lot single family residential subdivision
HOGAN PARKER IVAN & MCDUFF LLC
NE/NEC Cooper Rd & Warner Rd   Gilbert
9.89 Residential 1.950,000
197,168
4.53 3/5 Scott J Peterson
NE/NEC Cooper Rd & Warner Rd
Gilbert
9.89 Residential 2,940,000
297,269
6.82 3/5 AMH DEVELOPMENT LLC
SWC Tatum & Dynamite Blvds    Phoenix
5.61 CI-1 1,075,000
191,622
4.40 3/5 TATUM & DYNAMITE SELF STORAGE PARTNERS LLC
S/SWC Jackrabbit Trl & Lower Buckeye Rd
Buckeye
5,70 RU-42 975,00
139,473
3.20 3/6 APS
E/NEC Power Rd & Main St
Mesa, 

7.20 Residential 1,690,000
234,722
5.39 3/7 Proposed for a 96-lot 2 & 3-story attached single-family-residence townhome subdivision
Buyer Contacts
Avtar C Verma
E/NEC 55th Ave & Happy Valley Rd   Phoenix,
0.99 C-2 900,000
909,091
20.87 3/7 Christian Brothers Automotive
W/NWC SR-101 & Peoria Ave   Peoria
0.19 Commercial 360,000
2,000,000
45.91 3/8 SERVING GOD BY SERVING OTHERS LL
N/NEC 165th St & Rio Verde Dr   Scottsdale
18.39 RU-43 1,025,000
56,010
1.29 3/8 Kelley Carswell-Hanenber
SWC 11 Mile Corner & Curtis Rd   Eloy
419.00 AG 1.900,000
4,534
0.10 3/8 William J Valenti
NEC SR 101 Agua Fria and Indian School Rd
Phoenix
126.54 AG 15,822,000
135,025
2.87 3/8 Proposed for 524 lot gated single family development
Lennar Home


Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
N/NEC Thompson Peak Pkwy & Bell Rd    Scottsdale
12 finished condo lots 3,833,333
319,444
3/4 The New Home Company (TNHC
N/NEC Verrado Way & Indian School Rd
Buckeye
14 finished lots 858,720
61,337
1,373
3/7 David Weekley Home
W/NWC Jackrabbit Trl & Yuma Rd
Buckeye,
7 partial finished lots 430,479
61,497
1,160
3/8 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)