0 E Kortsen Road -, Casa Grande, AZ 85122 (MLS# 6248209)

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

Overview

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.

Listing Details MLS# 6248209

Location, Tax & Legal

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
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

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
21.21
Apx Total Acres G/N
N
Price Per Acre
188590.29
# Lots in Listing
Yes
Apx SqFt
923907
Price Per SqFt
4.33
Apx SqFt G/N
N
Lot Size Dimensions
irregular
Horses
N
Zoning
PAD
Flood Zone
No
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

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

Status Change Info

Off Market Date
2023-08-15
Under Contract Date
2023-04-28
Close of Escrow Date
2023-08-24

Legal Info

Township
06S
Range
06E
Section
16
Lot Number
-

More Information

Sold Info

Loan Type
Cash
Closing Cost Split
Normal - N
Payment Type
Other
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

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
Yes

Lockbox Type

None
Yes

Existing Land Use

Commercial Acreage
Yes

Zoned Presently

Existing P.A.D.
Yes
Commercial
Yes

Potential Use

Commercial
Yes
P.A.D.
Yes

Parcel Size

20.00 - 39.99 Acres
Yes

Current Density

Other (See Rmks)
Yes

Proposed Density

Other (See Rmks)
Yes

Development Status

Raw Land
Yes
Off Site Imp Needed
Yes
On Site Imp Needed
Yes

View

Mountain(s)
Yes

Elevation

1,001 - 2,000 Ft
Yes

Elevation Source

Other (See Remarks)
Yes

Vegetation

Natural Vegetation
Yes

Land Configuration

Irregular Shape
Yes

Road Access Type

Dedicated Street
Yes

Road Surface Type

Asphalt
Yes

Road Responsibility

City Maintained Road
Yes

Traffic Count

5,001 to 15,000
Yes

Fencing

None
Yes

Water Source

Private
Yes

Freeway/Highway

2.1 - 5 Miles
Yes

Sewer

Sewer - Public
Yes
Sewer - Available
Yes

Electric

APS
Yes

Topography

Level
Yes

Gas

SW Gas
Yes

Existing Structures

None
Yes

Distance to Cable

Call Listing Office
Yes

New Financing

Cash
Yes

Distance to Phone

Call Listing Office
Yes

Distance to Water

Call Listing Office
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

Call Listing Office
Yes

Existing 1st Loan Type

Not Applicable
Yes

Distance to Gas

Call Listing Office
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Distance to Sewer

Call Listing Office
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Other Loan

Not Applicable
Yes

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 Access Type: Dedicated Street Road Surface Type: Asphalt 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 Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: 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
Listing Office: AZ New Horizon Realty
IDX
Last Updated: August - 25 - 2023
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