For Sale
$22,500,000

87 Arica Rd & Hwy Eloy, AZ 85131

150 Acres, I-2 Zoning, $22.5M

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 150-acre industrial land parcel in Coolidge, Arizona, presents a compelling investment opportunity. Located at the intersection of Arica Road and Highway 87, this property boasts I-2 General Industrial zoning, offering significant development potential. The site features approximately one mile of frontage on the Union Pacific Railroad Phoenix Spur, providing excellent logistical advantages. Its strategic location places it adjacent to future Procter & Gamble and Nikola Corporation facilities, ensuring proximity to major industrial players. Convenient access to Highway 87 and the future North-South Freeway Corridor further enhances its appeal. Arica Road improvements are underway, providing enhanced paved access. Utilities, including water, waste, electric, and gas, are readily available through established providers like Global Water, Arizona Public Service (APS), and Southwest Gas Corporation. The property's Foreign Trade Zone capability adds another layer of investment attractiveness. With a total asking price of $22,500,000, this represents a compelling land value of $150,000 per acre. This is a rare opportunity to secure a substantial industrial land holding in a rapidly developing area of Pinal County, Arizona. The APN is 40148035A.

Highlights

  • High-profile location adjacent to Procter & Gamble and Nikola Corporation manufacturing facilities.
  • Excellent highway access: ~1 mile of frontage on Highway 87, ~4.5 miles to I-10, and <1 mile to the future North-South Freeway Corridor.
  • Improved Arica Road provides paved access to the site's northern boundary.
  • Foreign Trade Zone designation available.

Property Details for 87 Arica Rd & Hwy

Property type
Land, Industrial properties
Lot Size (sq. ft)
6,534,000 SF

Location Insight

City
Eloy
County
Pinal
State
Arizona
Latitude
32.806975003317
Longitude
-111.51523822813

FAQs

What type of property is this?
Land - 150 Acres, I-2 Zoning, $22.5M
Where is the land located?
The property is located at 87 Arica Rd & Hwy Eloy, AZ.
What is the asking price?
The asking price for this property is $22,500,000.
What are key features of this property?
This property features: High-profile location adjacent to Procter & Gamble and Nikola Corporation manufacturing facilities.; Excellent highway access: ~1 mile of frontage on Highway 87, ~4.5 miles to I-10, and <1 mile to the future North-South Freeway Corridor.; Improved Arica Road provides paved access to the site's northern boundary.
How can I contact the broker?
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87 Arica Rd & Hwy
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