Property profile

500 Pueblo Dr Casa Grande, AZ 85122

OFF-MARKET
Land
2.63 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 2.63 ac (114,432 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Apartment Complex

Location

500 Pueblo Dr Casa Grande, AZ 85122
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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