TUCSON, ARIZONA -- Thrac Paulette of Cantera Real Estate, a firm specialized in all aspects of land acquisition, sales, development and entitlements, handled two recent transactions.
Paulette represented the sellers, Mark & Diane Anderson on 11.25 acres in the highly sought after area in Northwest Tucson at Twin Peaks Road and I-10. The property is four GR-1 zoned parcels that sold for $210,000 ($18,667 per acre).
The all-cash deal closed in 20 days April 23rd.
The land is currently located in unincorporated Pima County with the potential of being annexed into the Town of Marana with the possibility to rezone for 22 SFR lots, or keep in the County for up to 12-lots, with all utilities 9except sewer) located on Twin Peaks Road.
The buyer, Jeff Utsch, is a licensed real estate agent with Realty Executives Arizona Territory.
For more information, Utsch can be reached at 520.977.7946 and Paulette should be contacted at 520.904.5055.
To learn more, see RED Comp #7754.
In a separate transaction, Paulette represented an affiliate of Cornerstone Homes (John Agressi, manager) in the acquisition of a 36,840-square-foot infill lot at 3139 E Bellevue Street in Tucson. The property was being used as a mobile home lot with two mobile homes and a duplex that will be move and razed for redevelopment. Property sold for land value at $357,000 ($9.69 PSF).
Zoned R-3, the buyer intends to redevelop the lot for a multifamily infill project.
Mikey Girard with Long Realty represented the seller, Crestdale Townhomes, LLC of Tucson.
For more information, Girard can be found at 520.77.7400 and Paulette should be reached at 520.904.5055.
To learn more, see RED Comp #7703.