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Peters Rd - ±155.79 AC NEC Peters Rd & Midway Rd

155.79 Acres of Agricultural Land Offered at $5,452,650 in Casa Grande, AZ 85222

Executive Summary

±3 miles north of the ±2,360 AC Attessa Motorsports Complex, which will eventually:
Create more than 13,000 jobs
Include residential homes, a hotel, and a convention center
±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 $5,452,650
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 155.79 AC

1 Lot Available

Lot

Price $5,452,650
Price Per AC $35,000
Lot Size 155.79 AC

A ±155.79 AC vacant, unimproved, AG-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)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
503-53-005A
Land Assessment
$184,877
Improvements Assessment
$0
Total Assessment
$184,877

zoning

Zoning Code AG (agricultural)
AG (agricultural)
  • Listing ID: 27582958

  • Date on Market: 1/24/2023

  • Last Updated:

  • Address: Peters Rd, Casa Grande, AZ 85222

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