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
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.
More Information MLS# 6248209
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $3,700,000
Sold Price: $3,700,000
Status: Closed
List Date: 2021-06-09
Location, Tax & Legal
Lot #: -
Assessor's Map #: 1
Legal Description (Abbrev): COMMENCING AT THE NORTHEAST CORNER OF SECTION 16, TOWNSHIP 06 SOU TH, RANGE 06 EAST, THENCE W-1341.0
Assessor's Parcel #: 670
Assessor Parcel Ltr: P
Add'l Parcels: No
Tax Municipality: Casa Grande
Census Tract: 1306
Taxes: 3528.6
Marketing Name: G Diamond Ranch PAD
Map Code/Grid: X41
Compass: E
Street Name: Kortsen
St Suffix: Road
City/Town Code: Casa Grande
State/Province: AZ
Zip Code: 85122
County Code: Pinal
Assessor Number: 505-01-670-P
Subdivision: G Diamond Ranch PAD
Tax Year: 2020
General Property Description
Apx Total Acres: 21.21
Apx Total Acres G/N: N
Price Per Acre: 188590.29
# Lots in Listing: 1
Apx SqFt: 923907
Price Per SqFt: 4.33
Apx SqFt G/N: N
Lot Size Dimensions: irregular
Flood Zone: No
Horses: N
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
Zoning: PAD
Legal Info
Range: 06E
Section: 16
Township: 06S
Lot Number: -
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 4000000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
No Notification Required to Show: 1
Lockbox Type
None: 1
Existing Land Use
Commercial Acreage: 1
Zoned Presently
Existing P.A.D.: 1
Commercial: 1
Potential Use
Commercial: 1
P.A.D.: 1
Parcel Size
20.00 - 39.99 Acres: 1
Current Density
Other (See Rmks): 1
Proposed Density
Other (See Rmks): 1
Development Status
Raw Land: 1
Off Site Imp Needed: 1
On Site Imp Needed: 1
View
Mountain(s): 1
Elevation
1,001 - 2,000 Ft: 1
Elevation Source
Other (See Remarks): 1
Vegetation
Natural Vegetation: 1
Land Configuration
Irregular Shape: 1
Roads/Streets
Asphalt: 1
Dedicated Street: 1
Road Responsibility
City Maintained Road: 1
Traffic Count
5,001 to 15,000: 1
Fencing
None: 1
Water Source
Private: 1
Freeway/Highway
2.1 - 5 Miles: 1
Sewer
Sewer - Public: 1
Sewer - Available: 1
Electric
APS: 1
Topography
Level: 1
Gas
SW Gas: 1
Existing Structures
None: 1
Distance to Cable
Call Listing Office: 1
New Financing
Cash: 1
Distance to Phone
Call Listing Office: 1
Distance to Water
Call Listing Office: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
Call Listing Office: 1
Existing 1st Ln Type
Not Applicable: 1
Distance to Gas
Call Listing Office: 1
Existing 1st Ln Trms
Not Applicable: 1
Distance to Sewer
Call Listing Office: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Ln Type
Not Applicable: 1
Existing 2nd Ln Trms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Ln Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Ln Trms
Not Applicable: 1
Environmental
None: 1
Existing Other Loan
Not Applicable: 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
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
Geo Lat: 32.908119
Geo Lon: -111.723433
Status Change Info
Off Market Date: 2023-08-15
Under Contract Date: 2023-04-28
Close of Escrow Date: 2023-08-24
Sold Price: $3,700,000
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 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 Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: 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
Parcel Map w Dimensions ›Listing Office: AZ New Horizon Realty
Last Updated: August - 25 - 2023
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