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Cottonwood Ln - The Lofts at Cottonwood 7.58 Acres of Residential Land Offered at £2,094,484 in Casa Grande, AZ 85122

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EXECUTIVE SUMMARY

The preferred closing is as soon as possible; however, the Seller is willing to proceed with the sale once final approval is obtained and is also open to constructing the project for an additional fee.

PROPERTY FACTS

Price £2,094,484
Sale Type Investment or Owner Occupier
No. Plots 1
Property Type Land
Property Subtype Residential
Proposed Use Build-to-Rent
Total Plot Size 7.58 ac
Opportunity Zone Yes

1 PLOT AVAILABLE

Plot

Price £2,094,484
Price Per ac £276,317.15
Total Plot Size 7.58 ac

The property spans 7.58 acres and is located at the southeast corner of Cottonwood Lane and Lewis Street in Casa Grande, Arizona. Zoned for multi-family use, the site also holds a Certificate of Assured Water Supply, offering the option to sell the u

DESCRIPTION

This project is located within a QTC and has a site plan nearly approved for 108 two- and three-bedroom units across two- and three-story garden-style buildings. The site also comes with a Certificate of Assured Water, providing future developers with the flexibility to sell the units instead of renting them. Additionally, given the Seller's current presence in this market, they are open to constructing the project for an additional fee.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
504-15-072
Land Assessment
£864,459
Improvements Assessment
£0
Total Assessment
£864,459
  • Listing ID: 35239780

  • Date on Market: 24/03/2025

  • Last Updated:

  • Address: Cottonwood Ln, Casa Grande, AZ 85122

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