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S Corrales Rd -1 - 113 Acres at Cornman/Corrales Rd

112.89 Acres of Residential Land Offered at $5,080,050 in Casa Grande, AZ 85193

Investment Highlights

  • ±1 mile NE of the ±2,360 Acre Attessa Complex which is still under construction.
  • AMC will include single family residential homes, a hotel, and a convention center.
  • Nearby Lucid Manufacturing Plant will employ more than 4,000 employees.
  • Nearby Attessa Motorsports Complex will create more than 13,000 jobs.
  • There is full diamond interchange ±.5 miles from the site at Montgomery Road and the I-8 Highway.

Executive Summary

Available for sale or long term lease. Starting annual land lease rate: $225,780.00 ($2,000/AC/YR). Lease amount includes annual CPI increases of 3%.

Property Facts

Price $5,080,050
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 112.89 AC
Cross Streets Corrales Rd

1 Lot Available

Lot

Price $5,080,050
Price Per AC $45,000
Lot Size 112.89 AC

Improvements not provided by leassor

Description

+/-112 Acre Vacant, Unimproved, Land Site Consisting of 3 Contiguous ±37 Acre Parcels.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 511-67-008
  • 511-67-009
  • 511-67-006
Land Assessment
$955,853
Improvements Assessment
$0
Total Assessment
$955,853

zoning

Zoning Code CR-2/CR-5 (CR-2 Single Residence Zone CR-5 Multiple Residence Zone)
CR-2/CR-5 (CR-2 Single Residence Zone CR-5 Multiple Residence Zone)
  • Listing ID: 30614750

  • Date on Market: 1/9/2024

  • Last Updated:

  • Address: S Corrales Rd -1, Casa Grande, AZ 85193

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