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0 E Kortsen Road, -, Casa Grande, AZ 85122

$3,700,000

Property Type: Land and Lots Lot Size (sq. ft.): 923,907 Status: Closed

Current Price: $3,700,000 List Date: 8/15/2023 Last Modified: 8/25/2023

Description

This 21.21 ac parcel, zoned for Commercial as identified by Commercial B-2 in the Zoning Code, per the PAD approved 9/9/2003. The parcel is located adjacent to the successful G-Diamond Ranch residential development. The newly developed City of Casa Grande multi-generational Recreation Center is located directly to the south with large lot residential to the southwest. Approx 1200' of frontage on Kortsen Rd and 955'on Peart Road. Conveniently located in central Casa Grande this property is prime for development. The city is currently experiencing rapid residential growth, with 17 single family homebuilders actively building. Demand for commercial is fueled by residential growth as well as the successful development of Lucid Motors, the groundbreaking of Nikoli Motors and other employers.

More Information MLS# 6248209

Contract Information

Current Price: $3,700,000 Sold Price: $3,700,000 Status: Closed List Date: 2021-06-09 For Sale or Lease?: Sale Type: ER

Location Tax Legal

Map Code/Grid: X41 Compass: E Street Name: Kortsen St Suffix: Road City/Town Code: Casa Grande State/Province: AZ Zip Code: 85122 Country: USA County Code: Pinal Assessor Number: 505-01-670-P Subdivision: G Diamond Ranch PAD Tax Year: 2020

General Property Description

Apx Total Acres: 21.21 Apx Total Acres G/N: N Price Per Acre: 188590.29 # Lots in Listing: 1 Apx SqFt: 923907 Price Per SqFt: 4.33 Apx SqFt G/N: N Lot Size Dimensions: irregular Horses: N Zoning: PAD Flood Zone: No Elementary School District: Casa Grande Elementary District High School District: Casa Grande Union High School District Elementary School: Ironwood Elementary School Jr. High School: Cactus Middle School High School: Vista Grande High School

Remarks Misc

Cross Street: SWC E Kortsen Road and N Peart Road Directions: Located at the South West Corner of N. Peart Road and E. Kortsen Road Geo Lat: 32.908119 Geo Lon: -111.723433

Status Change Info

Status Change Date: 2023-08-25 Off Market Date: 2023-08-15 Under Contract Date: 2023-04-28 Close of Escrow Date: 2023-08-24 Sold Price: $3,700,000

Legal Info

Township: 06S Range: 06E Section: 16 Lot Number: -

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession $/%: % Seller Concession $/%: %

Property Features

Special Listing Cond: N/A Existing Land Use: Commercial Acreage Zoned Presently: Existing P.A.D.; Commercial Potential Use: Commercial; P.A.D. Parcel Size: 20.00 - 39.99 Acres Current Density: Other (See Rmks) Proposed Density: Other (See Rmks) Development Status: Raw Land; Off Site Imp Needed; On Site Imp Needed Land Features: Mountain View(s) Elevation: 1,001 - 2,000 Ft Elevation Source: Other (See Remarks) Vegetation: Natural Vegetation Land Configuration: Irregular Shape Road Responsibility: City Maintained Road Traffic Count: 5,001 to 15,000 Topography: Level Existing Structures: None Water: Private Franchise Sewer: Sewer - Public; Sewer - Available Electric: APS Gas: SW Gas Distance to Cable: Call Listing Office Distance to Phone: Call Listing Office Distance to Water: Call Listing Office Distance to Electric: Call Listing Office Distance to Gas: Call Listing Office Distance to Sewer: Call Listing Office Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Ln Type: Not Applicable Existing 2nd Ln Trms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Ln Type: Not Applicable Existing 3rd Ln Trms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash Environmental: None Showing Notification Methods: No Notification Required to Show Lockbox Type: None Fencing: None