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Property profile & analytics
OFF-MARKET
Land

0 Nwc Cornman Rd & Corrales Rd Casa Grande, AZ 85122

112.89 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 112.89-acre commercial land parcel in Casa Grande, Arizona, presents a significant investment opportunity. Comprised of three contiguous parcels (APN 511-67-0060, 511-67-0080, and 511-67-0090), each approximately 37 acres, the property is zoned CR2&5 and offers significant potential for development. Located at the Northwest corner of Cornman Road and Corrales Road, this vacant, unimproved land boasts a strategic position approximately one mile northeast of the 2,360-acre Attessa Complex, a large-scale development currently under construction that will create over 13,000 jobs and include residential homes, a hotel, and a convention center. Furthermore, the property is situated about 3.5 miles west of Lucid's recently completed Phase 1 electric vehicle manufacturing plant, employing over 4,000 workers. Convenient access is provided by a full diamond interchange approximately 1.5 miles away at Montgomery Road and I-8 Highway. The asking price is $5,080,050, or $45,000 per acre. Cash or terms are acceptable. Additionally, the property is available for sale or land lease, with a starting annual lease rate of $225,780 ($2,000 per acre per year), including a 3% annual CPI increase. No improvements are to be provided by the lessor unless otherwise negotiated. This property offers unparalleled access to a rapidly growing area with significant employment opportunities and infrastructure improvements.

Property profile
Verified
Property type Land
Lot 112.89 ac (4,917,488 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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