160 Acres Sec Of Selma Hwy & Chui Chu Rd Casa Grande, AZ 85122
- Land
- 160.00 lot acres
Current Use by Public Records
- Land
Property Details for 160 Acres Sec Of Selma Hwy & Chui Chu Rd
- Lot size
- 160.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 160-acre industrial land parcel is strategically located in Casa Grande, Arizona, at the southeast corner of Selma Highway and Chui Chu Road, in Pinal County (APN 511-24-003). Currently utilized for agricultural purposes with a transferable lease, this property offers significant potential for industrial development while maintaining the benefit of agricultural tax status until development commences. The site boasts readily available utilities, including water, cable, and gas at the intersection of Selma Highway and Chui Chu Road, and electric lines are already present on the property. While sewer access is approximately one mile away, the property's prime location adjacent to recently acquired Lucid property makes it an attractive investment opportunity. The asking price for this expansive tract is $28,000,000. This location offers excellent access to major transportation routes, making it ideal for various industrial uses. The existing agricultural lease provides a potential revenue stream during the planning and development phases. This is a rare opportunity to acquire a large, well-situated industrial land parcel in a rapidly growing area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Casa Grande
- County
- Pinal
- State
- Arizona
- Longitude
- -111.74
- Latitude
- 32.8502
