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Nwc Cornman & Corrales Rd Casa Grande, AZ 85122

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For Sale
$5,269,600

150 acre property near Attessa Raceway Complex and Lucid Plant.

Property size:
150 SF
Lot size:
150.56 Acres

Property Features for Nwc Cornman & Corrales Rd

General Information

Size
150 SF
Lot size
150.56 Acres

Source: John Filli, SIOR Agent John Filli, SIOR

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Casa Grande Land Opportunity

Located at NWC Cornman & Corrales Rd in Casa Grande, AZ, this 150-acre property features CR2&5 zoning, suitable for land or other development. Available for sale or land lease, the property offers a starting annual land lease rate of $301,120.00, which is $2,000 per acre per year, with annual CPI increases of 3%. The property is also available for purchase at a price of $5,269,600, or $35,000 per acre, with cash or terms acceptable to both buyer and seller. Situated approximately one mile northeast of the 2,360-acre Attessa Raceway Complex, which is currently under construction and expected to create more than 13,000 jobs, the AMC will also include single-family residential homes, a hotel, and a convention center. The site is also approximately 3.5 miles west of Lucid's newly completed PH 1 Plant Electric Manufacturing Plant, which will ultimately employ more than 4,000 employees. A full diamond interchange is located approximately 0.5 miles from the site at Montgomery Road and the I-8 Highway, enhancing accessibility.
Location Intelligence

Current Use by Public Records

Commercial land

Map

City
Casa Grande
County
Pinal
State
Arizona
Longitude
-111.896
Latitude
32.731

FAQs

What type of property is this?
Land - 150 acre property near Attessa Raceway Complex and Lucid Plant.
Where is this land located?
The property is located at Nwc Cornman & Corrales Rd Casa Grande, AZ.
What is the asking price?
The asking price for this property is $5,269,600.
What are key features of this property?
This property features: - Strategic location: Just \u00b11 mile from the upcoming Attessa Raceway Complex and \u00b13.5 miles from the newly completed Lucid PH 1 Plant Electric Manufacturing Plant.; - High-growth area: Positioned for significant value appreciation due to proximity to major developments and job creation.; - Flexible options: Available for sale or land lease.
More about this property
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