Current Use by Public Records
- Land
Property Details for 30 Acres Industrial Land On Chui Chu Rd
- Lot size
- 30.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 30-acre industrial land parcel, located on Chui Chu Road in Casa Grande, Arizona (zip code 85193), presents a unique investment opportunity. The property, identified by APN numbers 507-14-0050 and 507-14-0060, is zoned for Opportunity use, offering considerable flexibility for development. The land is priced at $8 per square foot. Existing infrastructure includes readily available electricity and water, a septic system, a domestic well, cable, and natural gas connections, significantly reducing development costs and timelines. Currently utilized for agricultural purposes, a transferable lease is in place, allowing for the continuation of agricultural tax status until development commences, providing potential tax advantages. The property's strategic location is further enhanced by its proximity to recently acquired land by Lucid, suggesting a burgeoning industrial area with potential for significant future growth. This presents a compelling opportunity for developers seeking a large-scale industrial site with existing utilities and a favorable tax structure in a rapidly developing region of Arizona. The property's size and existing infrastructure make it ideal for a variety of industrial uses.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Casa Grande
- County
- Pinal
- State
- Arizona
- Longitude
- -111.757
- Latitude
- 32.8087
