For Sale
$1,900,000

16465 Peak LnEloy, AZ 85141

75 Acres, Highway Frontage, Development Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 75-acre parcel presents a unique investment opportunity in Pinal County, Arizona. Located at 16465 E Peak Ln, Picacho, AZ 85141, this strategically positioned land boasts 720 feet of highway frontage along the Picacho Peak exit, providing unparalleled visibility and accessibility. The property is zoned GR and offers multiple development possibilities, including a hotel, resort, RV park, or manufactured home park. Its prime location at the foothills of Picacho Peak Park offers stunning natural beauty and a desirable setting for various commercial ventures. The site benefits from convenient access to both the thriving Tucson and rapidly expanding Casa Grande markets, with an estimated 55,000 vehicles passing daily on the adjacent highway. Infrastructure is readily available, including water district services, electricity, natural gas, and cable. This property is situated within an Opportunity Zone, presenting additional tax advantages for qualified investors. A second egress to the highway exit enhances accessibility and logistical efficiency. This is a rare chance to acquire a large tract of land with significant development potential in a high-traffic area with established infrastructure and attractive natural surroundings. The asking price is $1,900,000.

Highlights

  • Located in an Opportunity Zone.
  • Access to municipal water.
  • Electricity service available.
  • Natural gas service available.
  • Cable television access available.

Property Details for 16465 Peak Ln

Property type
Land, Industrial properties
Lot Size (sq. ft)
3,267,000 SF

Location Insight

City
Eloy
County
Pinal
State
Arizona
Latitude
32.6449675
Longitude
-111.3921053
16465 Peak Ln, Eloy, Arizona

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16465 Peak Ln
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