AZ SKYDIVING sells Eloy 40ac

DATE: March 29, 2016 AOPV: 2016-018606 SELLER: ARIZONA SKYDIVING HOLDINGS, LLC (Lawrence and Liliane Hill, Eloy, AZ) BUYER:  Dennis Wagar (Marion, MT) BROKERS:  unknown APN:  500-40-002 ADDRESS:  W of Sunland Gin Rd, S of Harmon Rd SIZE:  40ac MOL PRICE:  $160,000 cash COMMENTS:  Motivation for this deal is unknown, but price is kinda (spectacularly) high;  might have […]

Big Little Land Deal

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. […]

Another True “Spec” Piece in Eloy

Remember when junky (no water, no power, no cactus, no access) little (40ac) pieces of desert used to sell for $1,000/ac at the bottom of every cycle?  And then rise to $2,000, $5,000 and even $7,500 at or near the top?  Well, the last top for parcels like this got into the teens, twenties and […]

A True, Large Investment Parcel Sells?! OMG

    DATE: February 1, 2016 AOPV: 2016-008406, -008407, -008409 SELLER:  CANACORN LLC (Hamel et al Phoenix, AZ) BUYER:   John & Melinda Donley (Casa Grande, AZ;  Donald K Donley TTEE (Eloy, AZ); BROKERS:  City to City APN:  511-44-095, -096 ADDRESS:  SEC & SWC Lamb & Phillips Rds, Eloy AZ SIZE:  640ac mol PRICE:  $1,081,653 ($1,690/ac) cash (total) COMMENTS:  Finally, […]

Casa Grande Industrial Rezonings

        CASA GRANDE — The City Council has approved rezoning three parcels of land on the west side of town to invite new industrial development.  A total of 405 acres located west of Thornton Road will be reclassified as either General Industrial or Community Services zones. Two of the land parcels were […]

Casa Grande RV Park Owners Buy More Land For Expansion

DATE:  January 13, 2016 AOPV:  2016-002272 SELLER:  CG PROPERTY PARTNERS LLC (Chah Lvg Tr, Tucson AZ)) BUYER:   BC RANCH RESORT LLC (McGavin et al, Casa Grande AZ) BROKERS:  unknown APN:  503-34-009-B ADDRESS:  1837 N Thornton Rd, Casa Grande AZ SIZE:  18.66ac MOL (Assessor’s records) PRICE:  $466,500 ($25,000/ac);  $100,000 down payment, Seller carryback COMMENTS:  The extended McGavin family […]