Is a $20,000 dirt deal worthy of making headlines? This piece, in this market is, yes. A mere 2ac parcel in a god-forsaken part of the world just sold for $20,000 – or $10,000/ac. YES – it was a seller carry, and YES it had power and probably water, and YES it is a corner. BUT the price cannot be ignored. Disclaimer: no intel as to whether this was arms-length or not or any other conditions of the deal.
DATE: March 11, 2016
SELLER: Horn/James (Casa Grande, AZ)
BUYER: Alfredo Viezcas (Casa Grande, AZ)
ADDRESS: SWC Selma Hwy & Mammoth Dr
PRICE: $20,000 cash ($10,000/ac)