3111 Alsdorf Rd Eloy, AZ 85131
- Commercial real estate
- 2,358.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 3111 Alsdorf Rd
- Lot size
- 2,358.00 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Eloy
- County
- Pinal
- State
- Arizona
- Longitude
- -111.513382
- Latitude
- 32.776173