Industrial

Ash Ave. & Florence Street

Listing Price: $1,138,000

Lot Size
11.27 acres
Price/Acre
$100,976
Land Type
Land

Investment Overview

The subject property, located at the northeast corner of Ash Avenue and Florence Street in Casa Grande, Arizona is an 11.27+/- acre development site. Currently zoned I-1 (Garden & Light Industrial), the site is ideal for uses including warehouse, fabrication, light manufacturing and food manufacturing. Neighboring sites include businesses such as Monsanto, Daisy Diary Products, Walmart Distribution, Tractor Supply Distribution, and the new Lucid Motors manufacturing plant, a $700 million facility expected to bring 4,800 future jobs and over $32 billion in economic benefit to the region. The property is located less than one mile from the downtown business core and is in close proximity to rail and interstate infrastructure as well as many new residential developments.

Casa Grande is a city of 55,477 people located in south-central Arizona, 45 miles southeast of Phoenix and 50 northwest of Tucson. Recently, the traditional agricultural based economy has been undergoing a shift towards the service and manufacturing industries. This recent growth in the area has been fueled by Urbanites from Tucson and Phoenix looking for a quieter place to live and raise families while still commuting to the large metro areas for work. Also, proximity to transportation and supply chains has increased activity and growth in the manufacturing and warehouse industries in the area.

Investment Highlights

  • I-1, Industrial Zoning (Garden & Light Industrial)
  • Electric, water, sewer and gas utilities all available on on-site
  • Located in a Federal Opportunity Zone, providing capital gains tax advantages

Exclusively Listed By

Industrial

Ash Ave. & Florence Street

Listing Price: $1,138,000

Lot Size
11.27 acres
Price/Acre
$100,976
Land Type
Land

Investment Highlights

  • I-1, Industrial Zoning (Garden & Light Industrial)
  • Electric, water, sewer and gas utilities all available on on-site
  • Located in a Federal Opportunity Zone, providing capital gains tax advantages

Investment Overview

The subject property, located at the northeast corner of Ash Avenue and Florence Street in Casa Grande, Arizona is an 11.27+/- acre development site. Currently zoned I-1 (Garden & Light Industrial), the site is ideal for uses including warehouse, fabrication, light manufacturing and food manufacturing. Neighboring sites include businesses such as Monsanto, Daisy Diary Products, Walmart Distribution, Tractor Supply Distribution, and the new Lucid Motors manufacturing plant, a $700 million facility expected to bring 4,800 future jobs and over $32 billion in economic benefit to the region. The property is located less than one mile from the downtown business core and is in close proximity to rail and interstate infrastructure as well as many new residential developments.

Casa Grande is a city of 55,477 people located in south-central Arizona, 45 miles southeast of Phoenix and 50 northwest of Tucson. Recently, the traditional agricultural based economy has been undergoing a shift towards the service and manufacturing industries. This recent growth in the area has been fueled by Urbanites from Tucson and Phoenix looking for a quieter place to live and raise families while still commuting to the large metro areas for work. Also, proximity to transportation and supply chains has increased activity and growth in the manufacturing and warehouse industries in the area.

Exclusively Listed By

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