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    Nec Peters Rd & Midway Rd Casa Grande, AZ 85193

    • Land
    For Sale
    View listing
    $5,452,650
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Nec Peters Rd & Midway Rd

    Property type
    Land
    Property subtype
    Farms

    Description

    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

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Casa Grande
    County
    Pinal
    State
    Arizona
    Longitude
    -111.833
    Latitude
    32.825

    Comparable in this City

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      65.04 Acres

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      20.00 Acres

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      13,211,748 SF

      Peters Rd

      Farms • 13,211,748 SF
      0 Peters Rd, Casa Grande, AZ 85193
      View Details
    • Value Estimation by Request
      50.00 Acres

      21899-22499 Peters Rd

      Farms • 50.00 Acres
      21899-22499 Peters Rd, Casa Grande, AZ 85193
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    • Value Estimation by Request

      18100 Selma Hwy

      Farms
      18100 Selma Hwy, Casa Grande, AZ 85193
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    • Value Estimation by Request
      160.00 Acres

      Nec Of Russel Rd & Peters Rd

      Farms • 160.00 Acres
      0 Nec Of Russel Rd & Peters Rd, Casa Grande, AZ 85193
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

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    Casa Grande, AZ 85193
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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