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    Nec Of Russel Rd & Peters Rd Casa Grande, AZ 85193

    For Sale
    $3,200,000

    Prime Arizona farmland, excellent investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional 160-acre farm presents a compelling investment opportunity in Casa Grande, Arizona. Located at the northeast corner of Russell Road and Peters Road, this property boasts ±2,640 linear feet of paved frontage on Russell Road, offering convenient access to AZ-84 Highway and the nearby I-8 Freeway. The land is zoned General Rural (Pinal County) and presents multiple potential uses, subject to zoning regulations. Its strategic location places it directly within the path of Casa Grande's rapid growth and development, surrounded by established businesses such as Kohler Manufacturing, Lucid Motors, Tractor Supply Company, Abbott Nutrition, and Frito-Lay. Nearby projects include the Chang Chung Semiconductor Plating Manufacturing Plant and the Attesa Motorsports Entertainment Center further enhance the property's long-term value. The asking price for this significant parcel is $3,200,000. The property's APN is 503-20-0030. This is a rare chance to acquire a substantial land holding in a thriving Arizona market. Detailed zoning information should be obtained from Pinal County.

    Property Features for 0 Nec Of Russel Rd & Peters Rd

    General Information

    Property type
    Farms
    Lot Size
    6,969,600 SF

    HighLights

    • Easy access to AZ‑84 Highway with nearby I‑8 Freeway access.
    • 160‑acre parcel with ±12,640 linear feet of paved frontage on Russell Road.
    • Prime location within Casa Grande's rapidly growing development area.
    • Multiple potential uses, subject to zoning regulations.
    • Verify allowable uses with Pinal County zoning code.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Casa Grande
    County
    Pinal
    State
    Arizona
    Longitude
    -111.9120731
    Latitude
    32.8651341

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    FAQs

    What type of property is this?
    Farm - Prime Arizona farmland, excellent investment.
    Where is this farm located?
    The property is located at Nec Of Russel Rd & Peters Rd Casa Grande, AZ.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: Easy access to AZ-84 Highway with nearby I-8 Freeway access.; 160-acre parcel with ±12,640 linear feet of paved frontage on Russell Road.; Prime location within Casa Grande's rapidly growing development area.
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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
    Nec Of Russel Rd & Peters Rd Casa Grande, AZ 85193
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