Property profile

0 ±54 Ac O Hanna Rd & Palomas Dr Casa Grande, AZ 85193

OFF-MARKET
Land
54 ac lot
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Property summary

AI-generated overview

This exceptional 54-acre commercial land parcel, located at ±54 AC O Hanna Rd & Palomas Dr, Casa Grande, Arizona 85193, presents a significant investment opportunity. The property, zoned CR2&5, comprises approximately 19 acres and a 35-acre portion, totaling 108 parcels. The asking price is $10,726,214, with cash or terms acceptable to both buyer and seller. A five-year maximum land lease is also an option, starting at an annual rate of $225,780 ($2,000 per acre per year), subject to a 3% annual CPI increase. The total lot size is 2,352,240 square feet. The land is currently vacant and unimproved, offering considerable flexibility for development. No improvements are to be provided by the lessor unless otherwise negotiated. This strategically located property in Pinal County offers substantial potential for various commercial ventures. The coordinates are 32.821208 latitude and -111.834735 longitude. Serious inquiries only.

Property profile

Verified
Property type Land
Lot 54 ac (2,352,240 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

±54 Ac O Hanna Rd & Palomas Dr Casa Grande, AZ 85193
Casa Grande metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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