0 Hanna Rd Eloy, AZ 85131
This exceptional 4-acre parcel presents a unique opportunity for residential development in the desirable Eloy, Arizona area. Located in Pinal County, this rectangular lot boasts convenient access via frontage on both E Hanna Road (south boundary) and Blair Road (north boundary). The property's zoning is designated as GR, offering flexibility for various residential projects. A significant advantage is the inclusion of an existing well agreement, securing water rights for the land. The generous lot size allows for potential subdivision, with the possibility of creating two 2-acre parcels, ideal for individual homes or smaller developments. The asking price is $85,000, translating to a land value of $23,750 per square foot. The property's APN is 401-48-0740. This is a rare opportunity to acquire a sizable, well-situated residential lot in a growing Arizona community with established water rights. The property's location and features make it an attractive investment for builders, developers, or individuals seeking a substantial land holding. Don't miss this chance to secure this valuable asset in Eloy, AZ, zip code 85131.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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