465 Peart Rd Casa Grande, AZ 85122
- Commercial real estate
- 4.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 465 Peart Rd
- Lot size
- 4.60 lot acres
- Property type
- Commercial real estate
- APN
- 505-30-025 A/B
Description
This exceptional 4.6-acre commercial land parcel, located at 465 & 475 N Peart Rd in Casa Grande, Arizona (zip code 85122), presents a compelling investment opportunity. The property, encompassing approximately 200,376 square feet (APN: 505-30-025 A/B), is zoned R-3, allowing for the development of approximately 80 residential units. Its strategic location at the intersection of Florence Blvd. and North Peart Rd. places it in the heart of Casa Grande, benefiting from a growing population fueled by job increases and proximity to the E Florence Blvd. employment corridor. The land's $8.73 per square foot price point reflects its significant potential. Permitted uses include townhomes, assisted living facilities, or other multi-family residential projects, with the potential for a 55+ community. The site is entitled for multi-family development at a density of 4-20 units per acre. This property offers a rare chance to capitalize on Casa Grande's thriving real estate market and build a successful residential development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Casa Grande
- County
- Pinal
- State
- Arizona
- Longitude
- -111.724012
- Latitude
- 32.877509
