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Property profile

0 Nec Peters Rd & Midway Rd Casa Grande, AZ 85193

OFF-MARKET
Land
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Property summary

AI-generated overview

This ±155.79-acre parcel of vacant, unimproved land is located in Casa Grande, Arizona, at the Northeast corner of Peters Road and Midway Road (APN: 503-53-005A). The property is zoned AG and offers significant development potential. The asking price is $5,452,650, translating to approximately $35,000 per acre. Lease options are also available with a maximum term of five years and a starting annual rate of $133,841.61 ($891.21 per acre per year), subject to a 3% annual CPI increase. No improvements will be provided by the lessor

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Nec Peters Rd & Midway Rd Casa Grande, AZ 85193
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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