Weekly Land Closing Update through October 20, 2017 
Phoenix Metro - Maricopa County - Pinal County

Location
ACRES
SF
Zoning
Sale Price
$/AC
$
Per SF
Sale Date
Comments 
(Buyer)
W/NWC Ellsworth & Germann Rd
Queen Creek
4.08 Industrial 695,000
170,343
3.91 10/16 Robert I Genet III
N/NWC 27th Ave & Baseline Rd
Phoenix
19.96 Residential 1,704,000
85,371
2.00 10/16  Proposed for 93 single family residential lots
CalAtlantic Homes
S/SWC 24th St & Camelback Rd
Phoenix
8.16 R-5 30,100,000
3,686,015
86.07
10/16 Proposed luxury apartments
Morgan Group
121.65 AG 29,131,630
239,170
5.50 10/16 EdgeConnex
NEC 59th Ave & Baseline Rd
Laveen
0.98 Commercial 978,800
998,776
22.92 10/16 SunWest Federal Credit Union
E/SEC Superstition Springs Blvd & Baseline Rd
Mesa,2.45
2.45 Commercial 585,000
238,776
5.47 10/18 Khamis George Sarsar
NEC Lindsay & Ocotillo Rd
Gilbert
12.02 Commercial 3,141,547
261,360
6.00 10/18
Sun Valley Community Church

W/NWC Ellsworth & Riggs Rd
Queen Creek
4.92 Residential 1,070,000
217,480
5.00 10/18 Church of Jesus Christ of Latter-Day Saints 
S/SEC Power & Riggs Rd
Queen Creek
0.99 C-3 390,000
393,939
9.04 10/19 Telesphor Kamgaing
N/NEC Ironwood & Ocotillo Rd
San Tan Valley
0.80 Commercial 625,000
781,250
17.87 10/19 Capital Development Partners
W/NWC Recker Road & Hunt Highway
Gilbert
20.06 R-4 2,199,999
109,670
2.51 10/19 Maracay Homes
W/NWC Pierpont Dr & Baseline Rd
Mesa
21.90 AG 6,839,436
312,303
7.17 10/19 Proposed for a 344-unit multi-family 
Mark Taylor Residential
E/SEC Queen Creek &  Crismon Rd
Queen Creek
74.88 Residential

6,700,000
89,476
2.05 10/19 Planned for 154 lots 
Communities Southwest
E/SEC Baseline Rd & 42nd Pl
Phoenix
0.91 Commercial 615,000
673,437
15.46 10/19 Jonathan J Sawyer
E/SEC 16th St & McDowell Rd
Phoenix
1.16 Commercial 475,000
409,483
9.36 10/19 Robert J Dygert
S/SWC 24th St & Broadway Rd
Phoenix
7.05 Residential 715,000
101,418
2.33 10/19 Lowell G Peterson
SWC Cooper & Queen Creek Rd
Chandler
9.09 Residential 2,300,000
253,025
5.80 10/20 Mattamy Homes
Investors and Owner / Users need to really know the market today before making a move in Commercial Properties as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general - all of these things affect the quality of selling or purchasing your Commercial Properties and Commercial and Residential Land in Phoenix / Arizona. 
Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial Properties and Investment Properties and Commercial Land or Residential Land in Phoenix / Arizona.
CONTACT ME IF YOU WANT TO KNOW THE VALUE OF YOUR LAND 

Location

#
Lots

Zoning
Sales Price
$ per lot
Sale Date
Comments
Buyer
W/NWC Cooper & Judd Rd
Florence
148 Finished Lots 3,330,000
22,500
10/18 DR Horton
S/SWC 24th St & Baseline Rd
Phoenix
7 Finished Lots 545,874
77,982
10/18 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)