0 E Kortsen Road -, Casa Grande, AZ 85122
$3,700,000
Property Type: Land 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
Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $3,700,000 Sold Price: $3,700,000 Status: Closed List Date: 2021-06-09
Location, Tax & Legal
Lot #: - Assessor's Map #: 1 Legal Description (Abbrev): COMMENCING AT THE NORTHEAST CORNER OF SECTION 16, TOWNSHIP 06 SOU TH, RANGE 06 EAST, THENCE W-1341.0 Assessor's Parcel #: 670 Assessor Parcel Ltr: P Add'l Parcels: No Tax Municipality: Casa Grande Census Tract: 1306 Taxes: 3528.6 Marketing Name: G Diamond Ranch PAD Map Code/Grid: X41 Compass: E Street Name: Kortsen St Suffix: Road City/Town Code: Casa Grande State/Province: AZ Zip Code: 85122 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 Flood Zone: No Horses: N 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 Zoning: PAD
Legal Info
Range: 06E Section: 16 Township: 06S Lot Number: -
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 4000000 Total Owed: 0
Assoc/Prop Info
HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N
Showing Notification Methods
No Notification Required to Show: 1
Lockbox Type
None: 1
Existing Land Use
Commercial Acreage: 1
Zoned Presently
Existing P.A.D.: 1 Commercial: 1
Potential Use
Commercial: 1 P.A.D.: 1
Parcel Size
20.00 - 39.99 Acres: 1
Current Density
Other (See Rmks): 1
Proposed Density
Other (See Rmks): 1
Development Status
Raw Land: 1 Off Site Imp Needed: 1 On Site Imp Needed: 1
View
Mountain(s): 1
Elevation
1,001 - 2,000 Ft: 1
Elevation Source
Other (See Remarks): 1
Vegetation
Natural Vegetation: 1
Land Configuration
Irregular Shape: 1
Road Access Type
Dedicated Street: 1
Road Surface Type
Asphalt: 1
Road Responsibility
City Maintained Road: 1
Traffic Count
5,001 to 15,000: 1
Fencing
None: 1
Water Source
Private: 1
Freeway/Highway
2.1 - 5 Miles: 1
Sewer
Sewer - Public: 1 Sewer - Available: 1
Electric
APS: 1
Topography
Level: 1
Gas
SW Gas: 1
Existing Structures
None: 1
Distance to Cable
Call Listing Office: 1
New Financing
Cash: 1
Distance to Phone
Call Listing Office: 1
Distance to Water
Call Listing Office: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
Call Listing Office: 1
Existing 1st Loan Type
Not Applicable: 1
Distance to Gas
Call Listing Office: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
Call Listing Office: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Other Loan
Not Applicable: 1
Sold Info
Loan Type: Cash Closing Cost Split: Normal - N Payment Type: Other Buyer Concession to Seller: 0 Buyer Concession $/%: % Seller Concession to Buyer: 0 Seller Concession $/%: %
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
Off Market Date: 2023-08-15 Under Contract Date: 2023-04-28 Close of Escrow Date: 2023-08-24 Sold Price: $3,700,000
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 View: Mountain(s) Elevation: 1,001 - 2,000 Ft Elevation Source: Other (See Remarks) Vegetation: Natural Vegetation Land Configuration: Irregular Shape Road Access Type: Dedicated Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Traffic Count: 5,001 to 15,000 Topography: Level Existing Structures: None Water Source: Private 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 Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: 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
Parcel Map w Dimensions › Listing Office: AZ New Horizon Realty
Last Updated: August - 25 - 2023
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