For Sale
$175,000

413 5Th StCasa Grande, AZ 85122

Prime Redevelopment Site, 1,374 SF

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 1,374 square foot executive office building, located at 413 E 5th St in Casa Grande, Arizona, presents a unique investment opportunity. Built in 1975, the Class C property sits on a 0.36-acre lot (APN: 507-07-227-0 & 507-07-226-0) and is zoned R-2, offering significant redevelopment potential. The asking price is $175,000, translating to a land value of approximately $11.16 per acre. The existing structure provides immediate income potential or a solid foundation for a future project. Its strategic location on E 5th Street, near the intersection of Florence Boulevard, offers excellent visibility and accessibility. The property's proximity to the Casa Grande Public Library and Peart Park adds to its appeal. This site presents a compelling opportunity for developers seeking to create higher-density residential units, such as apartments or townhomes, or a live/work space incorporating a contractor's yard. The existing building's 1,374 square feet provides flexibility for immediate use or demolition to make way for new construction. This property offers a blend of immediate income potential and long-term redevelopment possibilities in a desirable Casa Grande location. The property's zoning and location make it an attractive option for a variety of development projects. Serious inquiries are encouraged.

Highlights

  • 1,374 SF existing building on a 0.36-acre lot.
  • Possible redevelopment for higher-density residential or live/work space with contractor yard.
  • E 5th Street frontage, offering excellent visibility and accessibility.
  • Adjacent to Casa Grande Public Library and Peart Park.

Property Details for 413 5Th St

Property type
Office properties
Square Feet
1,374 SF
Class
C
Year Built
1975
Lot Size (sq. ft)
15,682 SF

Location Insight

City
Casa Grande
County
Pinal
State
Arizona
Latitude
32.8774107
Longitude
-111.7488429
413 5Th St, Casa Grande, Arizona

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413 5Th St
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