Peters Rd - ±155.79 AC NEC Peters Rd & Midway Rd 155.79 Acres of Agricultural Land Offered at £4,110,099 in Casa Grande, AZ 85222
EXECUTIVE SUMMARY
±3 miles north of the ±2,360 AC Attessa Motorsports Complex, which will eventually:
Create more than 13,000 jobs
Include residential homes, a hotel, and a convention center
±4.5 miles west of Lucid’s newly-completed Ph. 1 electric vehicle manufacturing plant
Full diamond interchange 2.5 miles south of the site at Montgomery Rd & I-8
Create more than 13,000 jobs
Include residential homes, a hotel, and a convention center
±4.5 miles west of Lucid’s newly-completed Ph. 1 electric vehicle manufacturing plant
Full diamond interchange 2.5 miles south of the site at Montgomery Rd & I-8
PROPERTY FACTS
| Price | £4,110,099 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Agricultural |
| Proposed Use | Hold For Investment |
| Total Lot Size | 155.79 AC |
| Zoning | AG - agricultural |
1 LOT AVAILABLE
Lot
| Price | £4,110,099 |
| Price Per AC | £26,382.30 |
| Lot Size | 155.79 AC |
A ±155.79 AC vacant, unimproved, AG-zoned land site available for sale or lease
DESCRIPTION
Maximum lease term: Five (5) years Starting annual lease rate: $133,841.61/year ($891.21/AC/year) Annual CPI increases: 3% Improvements that are to be provided by Lessor: None Lessee’s signage: To be provided by Lessee at Lessee’s expense Sale price: $5,452,650.00 ($35,000/AC) ($0.80/SF)
PROPERTY TAXES
| Parcel Number | 503-53-005A | Improvements Assessment | £0 |
| Land Assessment | £139,357 | Total Assessment | £139,357 |
