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    1398 Thornton Rd Casa Grande, AZ 85122

    For Sale
    $2,082,000

    6.94-acre industrial lot, prime location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 6.94-acre industrial land parcel presents a compelling investment opportunity in Casa Grande, Arizona. Located at 1398 N Thornton Rd, in the heart of Casa Grande's rapidly expanding industrial district, this property boasts approximately 700 feet of frontage on Thornton Road. The I-2 zoning allows for a variety of industrial uses. Key features include a potential rail spur connection to the adjacent Union Pacific Railroad, adding significant logistical advantages. Approximately 2.5 acres are improved with crushed asphalt, and the property is partially fenced. The site's proximity to Lucid Motors and its location just two miles away from essential utilities further enhance its appeal. The land is priced at $6.89 per square foot, offering a compelling value proposition for developers and businesses seeking a strategic location in a thriving industrial area. Parcel numbers are 504-24-003A and 504-15-001B. This property is ideally suited for businesses seeking immediate access to transportation infrastructure and a strong workforce. The asking price is $2,082,000.

    Property Features for 1398 Thornton Rd

    General Information

    Property type
    Land
    Lot Size
    302,306 SF

    HighLights

    • 6.94‑acre industrial land parcel in Casa Grande, AZ's burgeoning industrial district.
    • ~700 ft of frontage on Thornton Rd.
    • Potential rail spur connection to adjacent Union Pacific Railroad.
    • 2.5 acres improved with crushed asphalt; partially fenced.
    • Two miles from Lucid Motors and adjacent utilities.
    • $2,082,000 asking price ($6.89/SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Nail Salon Clothing Store Building Supply Accounting Firm Skin Care Clinic Daycare Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Casa Grande
    County
    Pinal
    State
    Arizona
    Longitude
    -111.77436323428
    Latitude
    32.887043753314

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    FAQs

    What type of property is this?
    Land - 6.94-acre industrial lot, prime location.
    Where is this land located?
    The property is located at 1398 Thornton Rd Casa Grande, AZ.
    What is the asking price?
    The asking price for this property is $2,082,000.
    What are key features of this property?
    This property features: 6.94-acre industrial land parcel in Casa Grande, AZ's burgeoning industrial district.; ~700 ft of frontage on Thornton Rd.; Potential rail spur connection to adjacent Union Pacific Railroad.
    Request Owner's contact information
    1398 Thornton Rd Casa Grande, AZ 85122
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    Casa Grande, AZ 85122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1398 Thornton Rd Casa Grande, AZ 85122
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