Weekly Land Closing Update through October 12, 2018 
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES

Zoning
Sale Price
$/AC
$
Per SF
Sale Date
Comments
Buyer
E/SEC Higley & Broadway Rds    Mesa
2.03 R-2 375,000
184,729
4.24 10/8 planned for 24 units
Scott Do

S/SWC 19th Ave & Pinnacle Peak Rd   Phoenix
1.01 Industrial 407,500
403,465
9.26 10/8 Little Angels Montessori School
S/SWC El Mirage Rd & Olive Ave   El Mirage
2.28 Industrial 450,000
197,368
4.53 10/8 Harold E Holmberg
E/SEC SR-143 & University Dr  Tempe
1.14 Commercial 
1,545,000
1355,263

31.11 10/10
Francis & Sons Car Wash
NEC 35th Ave & Thunderbird Rd
Phoenix
1.97 C-2 3,200,000
1,624,365
37.29 10/11 Francis & Sons Car Wash
W/NWC 59th & Southern Aves
Glendale
0.75 C-2 825,000
1,100,000
25.25 10/11 Auto Zone
N/NWC 83rd Ave & McDowell Rd
Phoenix
8.13 C-2 1,450,000
178,351
4.09 10/12 StorAmerica
S/SEC 35th Ave & Broadway Rd  Phoenix
16.62 Industrial
mining use
400,000
24,067
0.55 10/12 Moe O Lathgani
S/SWC Gilbert & Guadalupe Rds   Gilbert
0.64 Commercial 275,000
429,687
9.86 10/12 Justin Iannacon
E/SEC Riggs Rd & Arizona Ave   Chandler
9.14 Industrial 1,360,000
148,796
3.42 10/12 DBM Venture
SEC Bullard Ave & Broadway Rd   Goodyear
19.30 Industrial 1,950,000
101,036

2.32 10/12 Mike Hale
W/SWC Miller Rd & Southern Ave   Buckeye
61.57 AG 2,050,933.
33,310
0.76 10/12 Richard Q Nye
SW/SWC Perryville Rd & Cactus Rd   Surprise

106.83 PAD 12,300,000
115,136
2.64 10/12 Proposed for 361 total SFR 
Lennar Homes
NWC 67th Ave & Jomax Rd
Phoenix
49.98 Residential 9,489,570
189,867
4.36 10/12 Shea Home
NWC 67th Ave & Jomax Rd
Phoenix
51.31 Residential 10,056,402
195,993
4.50 10/12 Pulte Homes
N/NEC Estrella Pkwy & Van Buren St
Goodyear
`14.80 AG 3,848,186
260,012
5.97 10/12 Gregory A Goodwinn
W/SWC McQueen & Elliot Rds   Gilbert
0.74 Industrial 325,000
439,189
10.08 10/12 Recon Engineering & Construction Inc
Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
NW/NWC 163rd Ave & US 60   Surprise

6 finished lots 504,000
84,000
1,050
10/8
Courtland Communities
W/NWC 91st Ave & Deer Valley Rd
Peoria
6 finished lots 613,428
102,238
1,858
10/8 K Hovnanian Home
S/SWC Central Ave & Dobbins Rd
Phoenix
25 platted 600,000
24,000
533
10/11 Matrix Equitie

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)