Weekly Land Closing Update through October 19, 2018 
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES

Zoning
Sale Price
$/AC
$
Per SF
Sale Date
Comments
Buyer
SEC 35th Ave & Deer Valley Rd
Phoenix
7.27 C-2 1,600,000
220,082
5.05 10/15 NexMetro Communities
E/SEC 7th St & Deer Valley Rd
Phoenix
1.23 Industrial 345,000
280,487
6.44 10/15 Magnum Development 
N/NWC Recker Rd & Williams Field Rd
Gilbert
8.53 Multi-family 3,016,648
353,651
8.12 10/15  Proposed for 184-unit multifamily. 25 total buildings: 18 residential buildings, 1 clubhouse, and 6 parking garages
Jeffrey S Gordon
W/SWC El Mirage Rd & MC-85
Avondale
49.00 Residential
3,733,251
76,188
1.75 10/15 planned for 154 SFR 
Beazer Homes

E/SEC 91st & Glendale Aves
Glendale
1.87 Commercial

246,631
131,888
3.03 10/15 Latigo Land and Capital
NWC Crismon Rd & US 60   Mesa
18.94 Commercial 4,176,459
5.06 10/16 Proposed for 4 retail pads along Crismon (17,600 SF), two with drive-thrus, 6 single story office buildings (59,150 SF) 1 X 125 key hotel (70,908 SF). 487 parking spaces.
Virtua Partners

NWC Crismon Rd & US 60    Mesa
5.22 Commercial 1,357,986
260,150
5.97 10/16 Karl N Huish
E/NEC 107th Ave & Beardsley Rd. Peoria
1.09 Residential 2,250,000
202,886
4.66 10/17 Proposed for 120-unit townhome development 
NexMetro Communities
W/NWC John Wayne Pkwy & Honeycutt Rd
Maricopa
55.67 Residential 621,696
11,167
0.26 10/17 Emmerson Enterprise
E/SEC Lake Pleasant Pkwy & Happy Valley Rd   Peoria
0.72 Commercial 725,000
1,006,944
23.12 10/18 Armity A Simon
E/NEC Power & Ray Rds   Mesa
3.08 Industrial 669,835
217,748

5.00 10/18 Boe Bergeson
Location
#
Lots

Zoning
$ Sales Price
$ per Lot
$ Fin FT
Sale
Date
Comments
Buyer
W/NWC SR-303 & Lone Mountain Pkwy
Peoria
8 finished lots 831,400
103,925
1,960
10/15 William Ryan Homes
W/NWC Jackrabbit Trl & Indian School Rd
Litchfield Park,
6 partially finished lots 420.000
70,000
1,400
10/15 William Ryan Homes
W/NWC 91st Ave & Deer Valley Rd
Peoria
5 finished lots 514,491
102,898
1,870
10/17 K Hovnanian Home
W/NWC Estrella Mountain Pkwy & Willis Rd  Goodyear
4 finished lots 340,600
85,150
1,135
10/17 William Ryan Home
N/NEC I-10 & Selma Hwy
Casa Grande
31 finished lots 1,107,972
35,741
655
10/18 DR Horton

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)