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Peters Rd - ±155.79 AC NEC Peters Rd & Midway Rd 155.79 Acres of Agricultural Land Offered at $7,611,463 CAD in Casa Grande, AZ 85222
INVESTMENT HIGHLIGHTS
- UTILITY SERVICE AREA | Electric: Electric District No. 3 | Natural Gas: Southwest Gas | Water: Well (Non-existing)
EXECUTIVE SUMMARY
±3 miles north of the ±2,360 AC Attessa Motorsports Complex, which will eventually include residential homes, a hotel, a convention center and a private air strip
±4.5 miles west of Lucid’s newly-completed Ph. 1 electric vehicle manufacturing plant
Full diamond interchange 2.5 miles south of the site at Montgomery Rd & I-8
±4.5 miles west of Lucid’s newly-completed Ph. 1 electric vehicle manufacturing plant
Full diamond interchange 2.5 miles south of the site at Montgomery Rd & I-8
PROPERTY FACTS
| Price | $7,611,463 CAD | Property Subtype | Agricultural |
| Sale Type | Investment | Proposed Use | Hold For Investment |
| No. Lots | 1 | Total Lot Size | 155.79 AC |
| Property Type | Land | ||
| Zoning | GR - General Rural | ||
| Price | $7,611,463 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | Hold For Investment |
| Total Lot Size | 155.79 AC |
| Zoning | GR - General Rural |
1 LOT AVAILABLE
Lot
| Price | $7,611,463 CAD | Lot Size | 155.79 AC |
| Price Per AC | $48,857.20 CAD |
| Price | $7,611,463 CAD |
| Price Per AC | $48,857.20 CAD |
| Lot Size | 155.79 AC |
A ±155.79 AC vacant, unimproved, GR-zoned land site available for sale or lease
DESCRIPTION
Maximum lease term: Five (5) years Starting annual lease rate: $133,841.61/year ($891.21/AC/year) Annual CPI increases: 3% Improvements that are to be provided by Lessor: None Lessee’s signage: To be provided by Lessee at Lessee’s expense Sale price: $5,452,650.00 ($35,000/AC) ($0.80/SF)
1 1
PROPERTY TAXES
| Parcel Number | 503-53-005A | Improvements Assessment | $0 CAD |
| Land Assessment | $258,074 CAD | Total Assessment | $258,074 CAD |
PROPERTY TAXES
Parcel Number
503-53-005A
Land Assessment
$258,074 CAD
Improvements Assessment
$0 CAD
Total Assessment
$258,074 CAD
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Peters Rd - ±155.79 AC NEC Peters Rd & Midway Rd
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