.32 Acre Investment Lot – Eloy, AZ Sold

  • $1500

Own this beautiful parcel in the path of development!

This parcel of land is a 1 hour drive to Phoenix, and a 50 minute drive from Tucson. This parcel is 16 miles from Casa Grande, AZ, with hospitals, public schools, retail, grocery, hotels, and more. Pinal County is a one of the fastest growing counties in the country. In fact, Casa Grande remains Pinal County’s largest city by an estimated 2,171 people at 56,962, which is 2.1% higher than its 2018 estimate. It has grown 17.2% since the 2010 census. Richard Wilkie, economic development director for that city, said recent developments point to sustained growth for Casa Grande, and it is projected the city will have more than 92,000 residents by 2040. This is a great opportunity for a buy-and-hold land investment.

In March 2017, the Planning and Zoning Commission in nearby Casa Grande approved the re-zoning application for a proposed resort and amusement park in Casa Grande. The planning documents submitted to the city — which call for a theme park, water park, retail, entertainment space, housing and even a movie studio — say “Casa Grande is poised for a boost in popularity similar to Orlando before Disney built the park.”

This property has no utilities to the area, and the county does not allow RV’s or mobile homes on site. This land should be treated as a speculative land purchase based on the developments in the Greater Casa Grande area and surrounding market area. Should the proposed resort and amusement park get off the ground, the area where this land is located has the potential to explode in value.

 

APN: 404-19-2480

LEGAL DESCRIPTION: TOLTEC ARIZONA VALLEY #30 LOT 7 IN BLK K

COUNTY: Pinal County

GPS: 32.779374, -111.590091

ZONING: Vacant-Residential

GENERAL ELEVATION: 1,505′

POWER: Roughly 1/4 – 1/2 mile away

WATER: Would be by well

SEWER: Would be Septic

ROADS: Dirt

ASSOCIATION DUES: n/a

TIME LIMIT TO BUILD None.

Type OF TERRAIN: Flat

Annual Taxes: Appx. $30

Price:
$1500
Address:
3115 N JUNIPER DR
ELOY, AZ 85131
Lot Size:
.35
Terms:
For Sale
Property Type:
Land

Call (480) 269-1237 for more details

Property Location