3111 Alsdorf Rd Eloy, AZ 85131
This exceptional 2,358-acre property presents a unique investment opportunity in rapidly developing Pinal County, Arizona. Located in Eloy, this land boasts a strategic position off Interstate 10, with convenient access via Highway 87 and frontage on the Union Pacific Railroad Phoenix Spur Line. The property's zoning (R1-43) allows for residential, commercial, and mixed-use development, aligning perfectly with Eloy's General Plan. Currently utilized for row crop farming with existing cash rent tenants, this versatile land offers immediate income potential. Its proximity to the proposed North-South Freeway corridor further enhances its long-term value appreciation. The location is highly advantageous, situated near major industrial players including the Nikola Corporation electric vehicle manufacturing facility and the future Procter & Gamble manufacturing plant. The asking price is $58,950,000, translating to $25,000 per acre. This represents a significant land investment with substantial upside potential given the area's projected growth and the property's diverse development possibilities. The address is 3111 E Alsdorf Rd, Eloy, AZ 85131.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.