Florence, AZ 85132
This exceptional 5-acre parcel presents a unique opportunity for residential development in the desirable Florence, Arizona area. Located conveniently off North AZ-79, south of Florence, this property boasts a GR (General Residential) zoning designation, allowing for a variety of residential building options. The land itself is priced at $140,000 per acre, totaling an asking price of $690,000. A significant advantage is the presence of a registered well on the site, complete with a well agreement already in place, simplifying the process of securing water access for any future construction. The property's APN is 202-21-004J. Situated in Pinal County, with a Florence, AZ 85132 zip code, this location offers a blend of rural tranquility and convenient access to the amenities of Florence. The 5-acre lot is potentially subdividable, presenting further development possibilities. This is an ideal opportunity for those seeking to build their dream home or develop a small residential community in a rapidly growing area of Arizona. The property's latitude and longitude coordinates are 32.8979144 and -111.2759639 respectively. Don't miss this chance to acquire this well-situated and well-equipped residential land parcel.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.