Property profile

360 Val Vista Blvd Casa Grande, AZ 85122

OFF-MARKET
Land
21.3 ac lot
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Property summary

AI-generated overview

This exceptional 21.3-acre parcel in Casa Grande, Arizona, presents a compelling multifamily development opportunity. Located at 360 W Val Vista Blvd, the property boasts a prime location zoned for up to 25 units per acre, ideal for apartments, build-to-rent communities, or RV resorts. The land offers approximately 640 feet of frontage on Val Vista Boulevard, a major east-west arterial road, providing excellent visibility and accessibility. Its strategic position near the Casa Grande Municipal Airport, across from the City's Fire and Police Headquarters, and north of the Vilago Master Planned Community ensures high visibility and convenient access to essential services. The property is situated in a rapidly growing area, benefiting from a population of approximately 65,000 in Casa Grande, with projected annual growth of 2.5% to 3%. North Pinal Avenue, which experiences over 20,355 daily vehicles, provides additional accessibility. The asking price is $3,702,035, offering a significant return on investment in this thriving Arizona market. The property's APN is 509-38-047. This is a rare chance to acquire a large, well-located multifamily development site in a high-growth area. The property's central location between Phoenix and Tucson further enhances its appeal to investors seeking strong returns in a dynamic market. This opportunity is perfect for developers seeking to capitalize on the increasing demand for housing in this rapidly expanding region.

Property profile

Verified
Property type Land
Lot 21.3 ac (927,828 SF)

Cap rate & NOI

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

Location

360 Val Vista Blvd Casa Grande, AZ 85122
Casa Grande metro
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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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