0 E Kortsen Road -, Casa Grande, AZ 85122 (MLS# 6248209)

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

Overview

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.

Listing Details MLS# 6248209

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: US
County Code: Pinal
Assessor Number: 505-01-670-P
Subdivision: G Diamond Ranch PAD
Tax Year: 2020

Contract Information

For Sale or Lease?: Sale
Type: Exclusive Right To Sell

General Property Description

Apx Total Acres: 21.21
Apx Total Acres G/N: N
Price Per Acre: 188590.29
# Lots in Listing: Yes
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

Status Change Info

Off Market Date: 2023-08-15
Under Contract Date: 2023-04-28
Close of Escrow Date: 2023-08-24

Legal Info

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

More Information

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 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