Off -Market Commercial Land Trades for $9,100,000
Description
Off -Market Commercial Land Trades for $9,100,000
Land Sold - Arizona
The ICRE Investment Team is pleased to have represented the Buyer in the sale of 12.79 Acres in San Tan Valley. San Tan Valley is a growing city in Pinal County which is positioned to capture much of the projected growth for housing, population and economic development in the coming years in Arizona. Just in the past decade, major business including Lucid Group Inc., Nikola, Corp[, Procter & Gamble, Kohler Co and LG Energy Solutions and several semiconductor suppliers have looked to Pinal County Land to build or locate their new factories. With rising population in Arizona and housing demand, the Medical space is following suit behind manufacturing as one of the fastest growing industries in Arizona.
Offering Summary
- Sale Price $9,100,000 ($16.33 PSF)
- ±12.79 Acres
- Sale Date: July 2023
- Type: Land
Property Features
- Land
