360 Val Vista BlvdCasa Grande, AZ 85122
- Residential income properties
- 21.30 AC
Property Details for 360 Val Vista Blvd
- Lot size
- 21.30 AC
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This exceptional 21.3-acre parcel in Casa Grande, Arizona, presents a compelling multifamily development opportunity. Located at 360 W Val Vista Blvd, the property boasts a prime location zoned for up to 25 units per acre, ideal for apartments, build-to-rent communities, or RV resorts. The land offers approximately 640 feet of frontage on Val Vista Boulevard, a major east-west arterial road, providing excellent visibility and accessibility. Its strategic position near the Casa Grande Municipal Airport, across from the City's Fire and Police Headquarters, and north of the Vilago Master Planned Community ensures high visibility and convenient access to essential services. The property is situated in a rapidly growing area, benefiting from a population of approximately 65,000 in Casa Grande, with projected annual growth of 2.5% to 3%. North Pinal Avenue, which experiences over 20,355 daily vehicles, provides additional accessibility. The asking price is $3,702,035, offering a significant return on investment in this thriving Arizona market. The property's APN is 509-38-047. This is a rare chance to acquire a large, well-located multifamily development site in a high-growth area. The property's central location between Phoenix and Tucson further enhances its appeal to investors seeking strong returns in a dynamic market. This opportunity is perfect for developers seeking to capitalize on the increasing demand for housing in this rapidly expanding region.
Location Insight
- City
- Casa Grande
- County
- Pinal
- State
- Arizona
- Latitude
- 32.9675
- Longitude
- -111.75
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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