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    & I-8 Montgomery Rd Casa Grande, AZ 85193

    For Sale
    $5,360,000

    40-133 acre lot, ideal for large-scale development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional commercial and industrial land parcel, located in Casa Grande, Arizona (APN 511-06-002D), presents a significant investment opportunity. Spanning a substantial area of 40 to 133.92 acres, this property is zoned GR and offers unparalleled potential for various large-scale developments. The asking price is $5,360,000, translating to a land value of $0.90 per square foot. Situated at the intersection of South Montgomery Road and I-8, this strategically located site boasts excellent accessibility and visibility. A comprehensive site plan envisions a substantial industrial development encompassing 1.13 million square feet, along with a 101-room hotel and a large travel center. The property is available for sale either as raw land or with improvements already in place, providing flexibility for diverse development strategies. This prime location in Pinal County, Arizona, zip code 85193 (latitude 32.826753, longitude -111.859958), offers exceptional growth prospects and strong potential for significant returns. The property's size and zoning make it suitable for a wide range of commercial and industrial uses, making it an attractive proposition for both developers and investors seeking a substantial land holding in a rapidly growing area. Serious inquiries are encouraged.

    Property Features for & I-8 Montgomery Rd

    General Information

    Property type
    Land
    Lot Size
    1,742,400 SF

    HighLights

    • 40‑133.92 acres of commercial/industrial land in Casa Grande, AZ (APN 511‑06‑002D).
    • $5,360,000 asking price, $0.90/sqft.
    • GR zoning.
    • Excellent accessibility and visibility at S. Montgomery Rd & I‑8 intersection.
    • Potential for 1.13M SF industrial development, 101‑room hotel, and large travel center.
    • Available as raw land or with improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Casa Grande
    County
    Pinal
    State
    Arizona
    Longitude
    -111.859958
    Latitude
    32.826753

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    FAQs

    What type of property is this?
    Land - 40-133 acre lot, ideal for large-scale development.
    Where is this land located?
    The property is located at & I-8 Montgomery Rd Casa Grande, AZ.
    What is the asking price?
    The asking price for this property is $5,360,000.
    What are key features of this property?
    This property features: 40-133.92 acres of commercial/industrial land in Casa Grande, AZ (APN 511-06-002D).; $5,360,000 asking price, $0.90/sqft.; GR zoning.
    Request Owner's contact information
    & I-8 Montgomery Rd Casa Grande, AZ 85193
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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
    & I-8 Montgomery Rd Casa Grande, AZ 85193
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