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    24679 Peters Rd Casa Grande, AZ 85193

    For Sale
    $2,000,000

    Casa Grande, AZ: Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 80-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Casa Grande, Arizona area. Located at 24679 W Peters Rd, the property boasts a desirable GR zoning designation within Pinal County (APN: 503-55-0020). Priced at $2,000,000, or $25,000 per acre, this expansive tract offers significant potential for various commercial developments. Its strategic location provides excellent visibility along West Peters Road, placing it in close proximity to major economic drivers. The property is situated just west of the Lucid Motors facility and only 1.5 miles north of the planned Atessa Motorsports Complex, a project anticipated to generate 13,000 jobs. This proximity to established and emerging industries ensures strong future growth potential and increased property value. The 80-acre size allows for substantial development flexibility, catering to a wide range of commercial ventures. With its prime location, favorable zoning, and access to a burgeoning workforce, this property represents a compelling investment opportunity in a dynamic and expanding market. The zip code is 85193. The coordinates are 32.8632059 latitude and -111.8326147 longitude. This is a rare chance to acquire a significant land holding in a high-growth area of Arizona.

    Property Features for 24679 Peters Rd

    General Information

    Property type
    Land
    Lot Size
    3,484,800 SF

    HighLights

    • 80‑acre parcel in Pinal County, near Casa Grande.
    • Excellent visibility on Peters Road.
    • Located west of Lucid Motors and 1.5 miles north of the planned Atessa Motorsports Complex (13,000 projected jobs).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Casa Grande
    County
    Pinal
    State
    Arizona
    Longitude
    -111.8326147
    Latitude
    32.8632059

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    FAQs

    What type of property is this?
    Land - Casa Grande, AZ: Investment Opportunity
    Where is this land located?
    The property is located at 24679 Peters Rd Casa Grande, AZ.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: 80-acre parcel in Pinal County, near Casa Grande.; Excellent visibility on Peters Road.; Located west of Lucid Motors and 1.5 miles north of the planned Atessa Motorsports Complex (13,000 projected jobs).
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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
    24679 Peters Rd Casa Grande, AZ 85193
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