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    500 Pueblo Dr Casa Grande, AZ 85122

    For Sale
    $2,100,000

    Prime 2.6-acre development land, shovel-ready Spring 2025.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 2.627-acre commercial land parcel, located at 500 N Pueblo Dr, Casa Grande, Arizona (zip code 85122), presents a compelling investment opportunity. The property, identified by APN numbers 505-30-0060, 006A, 0070, 008A, 008B, 009C, and 009D, is zoned R# and is ideally suited for multifamily development. Situated in Pinal County, this strategically located land offers excellent potential for a high-return investment. The asking price for this shovel-ready project is $2,100,000. Development is anticipated to commence in Spring 2025, making this a timely acquisition for investors seeking immediate returns. The property's prime location in Casa Grande, Arizona, provides easy access to major transportation routes and essential amenities. This is a rare opportunity to acquire a significant land parcel in a rapidly growing area, poised for substantial appreciation. The property's size and zoning make it an attractive proposition for developers seeking to capitalize on the increasing demand for multifamily housing in the region. Don't miss this chance to secure a piece of Casa Grande's thriving real estate market.

    Property Features for 500 Pueblo Dr

    General Information

    Property type
    Multifamily properties
    Lot Size
    114,432 SF

    HighLights

    • $2,100,000 asking price.
    • Multifamily apartment building on 2.627 acres.
    • Located at 500 N Pueblo Dr, Casa Grande, AZ 85122, Pinal County.
    • R# Zoning.
    • APN: 505‑30‑0060, 006A, 0070, 008A, 008B, 009C, 009D.
    • Shovel‑ready project anticipated Spring 2025.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cielo Villas Apartments ... Apartment Complex

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Casa Grande
    County
    Pinal
    State
    Arizona
    Longitude
    -111.735557
    Latitude
    32.8773399

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    FAQs

    What type of property is this?
    Multifamily property - Prime 2.6-acre development land, shovel-ready Spring 2025.
    Where is this multifamily property located?
    The property is located at 500 Pueblo Dr Casa Grande, AZ.
    What is the asking price?
    The asking price for this property is $2,100,000.
    What are key features of this property?
    This property features: $2,100,000 asking price.; Multifamily apartment building on 2.627 acres.; Located at 500 N Pueblo Dr, Casa Grande, AZ 85122, Pinal County.
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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
    500 Pueblo Dr Casa Grande, AZ 85122
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