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    Kadota Ave Casa Grande, AZ 85122

    For Sale
    $2,900,000

    8.4 Acres, 156-Unit Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 8.4-acre development site, known as Rodeo Crossing, presents a unique opportunity in Casa Grande, Arizona. Located at the intersection of E Rodeo Rd and N Kadota Ave, this shovel-ready property boasts approved plans for a 156-unit residential community. The zoning is R-5, allowing for the construction of forty-eight one-bedroom, ninety-six two-bedroom, and twelve three-bedroom units. Situated conveniently one mile north of Casa Grande's revitalized downtown area, the property benefits from proximity to major employers such as Lucid Motors, Hexcel, Abbot Nutrition, Frito Lay, Price Industries, and Daisy Brand, ensuring a strong potential rental market. The property's APN is 504-07-009E, and its location in Pinal County, AZ, zip code 85122, offers easy access to key transportation routes. With permits immediately available, this land presents a streamlined path to development, making it an attractive investment for builders and developers seeking a high-potential residential project in a rapidly growing area. The asking price for this prime development opportunity is $2,900,000. This is a truly exceptional chance to capitalize on the burgeoning Casa Grande market.

    Property Features for 0 Kadota Ave

    General Information

    Property type
    Land
    Lot Size
    365,904 SF

    HighLights

    • $2,900,000 asking price
    • 8.4‑acre residential land parcel
    • R‑5 zoning
    • Located in Casa Grande, AZ (Pinal County), at E Rodeo Rd & N Kadota Ave, zip code 85122
    • APN: 504‑07‑009E
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Casa Grande
    County
    Pinal
    State
    Arizona
    Longitude
    -111.744042
    Latitude
    32.9234423

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    FAQs

    What type of property is this?
    Land - 8.4 Acres, 156-Unit Potential
    Where is this land located?
    The property is located at Kadota Ave Casa Grande, AZ.
    What is the asking price?
    The asking price for this property is $2,900,000.
    What are key features of this property?
    This property features: $2,900,000 asking price; 8.4-acre residential land parcel; R-5 zoning
    (602) 687-6700
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    Kadota Ave 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.

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    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
    Kadota Ave Casa Grande, AZ 85122
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