Hanna Rd & Palomas Dr - R1-12 Zoned Acreage
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Hanna Rd & Palomas Dr - R1-12 Zoned Acreage
24.25 Acres of Residential Land Offered at £8,392,726 in Casa Grande, AZ 85222
Investment Highlights
- Neighboring the 2,360 Acre Attessa Motorsports Complex that is still under construction.
- The AMC will include single family residential homes, a hotel, and a convention center.
- There is a full diamond interchange less than a mile from the site at Montgomery Road and the I-8 Highway.
- The Attessa motorsports Complex will create more than 13,000 local jobs.
- Situated in close proximity to Lucid's newly completed PH 1 Plant Electric Manufacturing Plant.
Executive Summary
+/-54 Acre Vacant, Unimproved, Land Site Available For Sale or a 5 Year Max Land Lease. Starting Annual Land Lease Rate: $225,780.00 ($2,000/AC/YR). Land Lease Amount includes annual CPI increases of 3%.
Property Facts
| Price | £8,392,726 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 24.25 AC |
| Price | £8,392,726 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 24.25 AC |
1 Lot Available
Lot
| Price | £8,392,726 | Lot Size | 24.25 AC |
| Price Per AC | £346,130 |
| Price | £8,392,726 |
| Price Per AC | £346,130 |
| Lot Size | 24.25 AC |
The ±54 Acre consists of ±19 Acres and a ±35 Acre portion of Land with 108 parcels.
Description
+/-54 Acre Vacant, Unimproved, Land Site Available For Sale or a 5 Year Max Land Lease
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £0 | |
| Land Assessment | £215,292 | Total Assessment | £215,292 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£215,292
Improvements Assessment
£0
Total Assessment
£215,292
zoning
| Zoning Code | CR2, CR5 (CR2, CR5) |
| CR2, CR5 (CR2, CR5) |
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Hanna Rd & Palomas Dr - R1-12 Zoned Acreage
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