$9,600,000
Casa Grande, AZ 85193
MLS# 6319795
Status: Closed
1 / 6
Property Description
$30,000 per acre! Two section corners, 1 mile of Hwy 84 frontage at the western edge of Casa Grande city limits. Approximately half farm land and half vacant land. 146 acres of San Carlos irrigation district water rights. 5 farm fields. Cement ditches. City of Casa Grande zoned urban ranch. Parcels' eastern boundary, Ethington Rd., is a dirt section line Rd. Parcels' western boundary, Bianco Rd., is a paved section line road. Subject property is in the area of several major projects, including Lucid Motors and Attessa Motor Sport Park. APN 503-44-008A, 008B, 009A, 009B.
Details
Maps
Contract Information
Current Price: $9,600,000
Sold Price: $9,600,000
Status: Closed
List Date: 2021-11-10
For Sale or Lease?: Sale
Type: ER
Location, Tax & Legal
Map Code/Grid: X39
House Number: 0000
Compass: W
Street Name: Gila Bend
St Suffix: Highway
Lot #: '_'
City/Town Code: Casa Grande
State/Province: AZ
Zip Code: 85193
Country: USA
County Code: Pinal
Assessor's Map #: 44
Assessor's Parcel #: 8
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Assessor Number: 503-44-008-A
Subdivision: S22 T6S R5E
Census Tract: 1600
Tax Municipality: Casa Grande
Taxes: 2921
Tax Year: 2021
General Property Description
Apx Total Acres: 320
Apx Total Acres G/N: G
Price Per Acre: 30000
Apx SqFt: 6940419
Price Per SqFt: 1.38
Apx SqFt G/N: G
Lot Size Dimensions: 1 mile by 1/2 mile
Irrigation District: San Carlos
Horses: Y
Street Frontage: 5280
Zoning: Urban Ranch
Flood Zone: TBD
Elementary School: Saguaro Elementary School
Jr. High School: Casa Grande Middle School
High School: Casa Grande Union High School
Elementary School District: Casa Grande Elementary District
High School District: Casa Grande Union High School District
Remarks & Misc
Cross Street: Hwy 84 & Ethington
Directions: West on Hwy 84 from Casa Grande to Ethington Rd., property fronts the north side of Hwy 84 from Ethington to Bianco Rds. (1 mile)
Geo Lat: 32.880468
Geo Lon: -111.815994
Status Change Info
Status Change Date: 2022-05-31
Off Market Date: 2022-02-07
Under Contract Date: 2022-02-02
Close of Escrow Date: 2022-05-24
Sold Price: $9,600,000
Legal Info
Township: 06S
Range: 05E
Section: 22
Lot Number: '_'
Pmt & Rate Info
Down Payment: 1600000
Down Payment %: 25
Seller May Carry - Amount: 4800000
Seller Carry - Interest Rate: 8
Seller Carry - Term: 10
Equity: 9600000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Sold Info
Loan Type: Other
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Existing Land Use: Farm; Other (See Rmks)
Zoned Presently: Agricultural; Rural
Potential Use: Single Family; Commercial; Industrial; Agricultural
Parcel Size: 300.00 - 639.99 Acre
Development Status: Raw Land
Land Features: Mountain View(s)
Elevation: 1,001 - 2,000 Ft
Elevation Source: USGS
Vegetation: Natural Vegetation; Row Crop
Land Configuration: Square Rectangular
Roads/Streets: Gravel; Dirt; Asphalt
Road Responsibility: County Maintained Road
Freeway/Highway: Frontage
Railroad: Railroad 1 - 5 Miles
Topography: Level
Existing Structures: None
Water: Domestic Well; Wtr Rghts Grndfthrd; Irr Ditch(es)-Lined
Sewer: No Sewer/Septic
Electric: APS; Other (See Rmks)
Gas: SW Gas; Underground
Distance to Cable: Call Listing Office
Distance to Phone: Call Listing Office
Distance to Water: Call Listing Office
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: None
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Seller May Carry
Seller May Carry (SMC) Payment: Semi-Annual; Principal & Interest
Special: Incorporated Area
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Showing Notification Methods: No Notification Required to Show
Lockbox Type: None
Fencing: None
Listing Office: AZ New Horizon Realty
Last Updated: May - 31 - 2022
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