Property profile

160 Acres Sec Of Selma Hwy & Chui Chu Rd Casa Grande, AZ 85122

OFF-MARKET
Land
160 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 160 ac (6,969,600 SF)

Cap rate & NOI

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

Location

160 Acres Sec Of Selma Hwy & Chui Chu Rd 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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