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Property profile & analytics
OFF-MARKET
Commercial real estate

3111 Alsdorf Rd Eloy, AZ 85131

2358 ac lot
Property ID
US07-1536746
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 2358 ac (102,714,480 SF)
UPID US07-1536746
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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