Zoned Development Land
For Sale
Contact for pricing
238 North Camino Mercado, Casa Grande, AZ 85122
Commercially zoned 4.65-acre parcel along Interstate 10 with pre-approved plans for hotel and multi-family development.
Property SizeContact for details
Lot Size4.65 Acres
Days on Market133
Property Features for 238 North Camino Mercado
General Information
Standard status
Active
Lot size
4.65 Acres
Property subtype
Land
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
NewGen Advisory
(520) 664-4091
Listed By:
Dinesh Dan Rama · License #CO 100082810
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 22 at 12:08AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NewGen Advisory
Investment Insights
Based on property information with market context.
This commercially zoned development land parcel spans 4.65 acres and offers a basis for hospitality and residential projects. The seller states there are pre-approved plans for a hotel concept that includes a convention center, with approval characterized as pre-approved by IHG for that type of development. The offering also includes an option described as pre-approved for upscaled multi-family housing.
The parcel is located along Interstate 10 with direct access to Phoenix (approximately 1 hour north) and Tucson (approximately 1 hour south). It is situated adjacent to the interstate along a primary transportation route and is described as being across the street from travel plaza and truck facilities, as well as newer restaurants/bars and shopping retail centers.
The seller also owns and is offering for sale a separate 77-unit, interior corridor hotel on a 1.79-acre parcel near the subject property, with renovation described as in process (estimated completion Q4 2021), and may be sold for an additional price or separately if desired.
The parcel is located along Interstate 10 with direct access to Phoenix (approximately 1 hour north) and Tucson (approximately 1 hour south). It is situated adjacent to the interstate along a primary transportation route and is described as being across the street from travel plaza and truck facilities, as well as newer restaurants/bars and shopping retail centers.
The seller also owns and is offering for sale a separate 77-unit, interior corridor hotel on a 1.79-acre parcel near the subject property, with renovation described as in process (estimated completion Q4 2021), and may be sold for an additional price or separately if desired.
Key Highlights
- 4.65‑acre commercially zoned parcel along Interstate 10 in Casa Grande, AZ.
- Pre‑approved plans with IHG for a hotel concept including a convention center/large meeting space.
- Seller also has pre‑approved plans for upscaled multi‑family housing on the same parcel.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
325
Businesses Nearby
Explore this area
Business Placement
Demographics for 85122, AZ
55,063
Population
24,238
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
56.4 sq mi
ZIP Area
976
Density / Sq Mi
$64,243
Median Household Income
$38,679
Median Earnings
$1,289
Median Rent
$242,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercially zoned 4.65-acre parcel along Interstate 10 with pre-approved plans for hotel and multi-family development.
Where is this commercial land located?
The property is located at 238 North Camino Mercado Casa Grande, AZ.
What are key features of this property?
This property features: 4.65‑acre commercially zoned parcel along Interstate 10 in Casa Grande, AZ.; Pre‑approved plans with IHG for a hotel concept including a convention center/large meeting space.; Seller also has pre‑approved plans for upscaled multi‑family housing on the same parcel.
