3810 Hanna Rd Eloy, AZ 85131
Talon Mountain presents a significant development opportunity in Eloy, Arizona. This expansive 219.38-acre parcel, located at the northeast corner of Toltec Road and Hanna Road, is ideally situated adjacent to Robson Ranch and near major employment centers in Casa Grande, Eloy, and Coolidge. The property is already platted for 1,382 residential lots, each measuring 60 feet by 112 feet, providing a solid foundation for immediate development. The zoning designation is R1-6 with a Manufactured Home Overlay, offering flexibility in development plans. While the property boasts a substantial size, it's important to note that the 219.38 acres reflect a net acreage after accounting for internal street right-of-ways. Prospective buyers should be aware that necessary infrastructure improvements include establishing a sewer connection (approximately 2 miles away) and extending water lines. The asking price is $2,280,300, translating to approximately $1,650 per lot. This presents a compelling investment opportunity for developers seeking to capitalize on the growing residential demand in this rapidly developing area of Pinal County. The property's strategic location and existing platting make it an attractive proposition for large-scale residential development. Detailed site plans and engineering reports are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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