2079 Overfield Rd Casa Grande, AZ 85194
This exceptional 72-acre property, located at 2079 N Overfield Rd, Casa Grande, AZ 85194, presents a unique redevelopment opportunity. Situated in Pinal County, this vacant land boasts an AG zoning designation and offers significant potential for various uses. The property features a large frontage on Overfield Road and is surrounded by an agricultural district. This strategic location within the burgeoning Arizona Innovation and Technology Corridor provides unparalleled access to major transportation arteries, including Interstates 8 and 10. Casa Grande's proximity to three international airports (Mesa, Phoenix, and Tucson) and three ports of entry (Long Beach, San Luis, and Nogales) further enhances its logistical advantages. The area is experiencing substantial growth, with over $8 billion in announced or underway projects, including significant investments from major companies such as Lucid Motors, Kohler Co., and Procter & Gamble. Pinal County also benefits from the lowest property taxes in Arizona, at 12.6%, making this a fiscally attractive investment. The property's APN is 401-08-006, 401-08-004K, 401-08-004L, and 401-08-004M. This is an ideal investment for developers seeking to capitalize on the region's rapid expansion and robust economic climate. The asking price is $4,000,000.
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
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.