SAHUARITA, ARIZONA (May 22, 2025)—Meritage Homes has expanded its presence in Entrada Del Toro, the latest residential neighborhood within the master-planned community of Rancho Sahuarita, by recently purchasing 40 additional lots for $2,753,100 ($68,827 per platted lot). The acquisition underscores Meritage’s ongoing commitment to providing energy-efficient, entry-level homes in one of Southern Arizona’s most active housing markets.

Entrada Del Toro is planned for 934 homes, and development is being led by five national homebuilders: Meritage Homes, KB Home, Lennar, Richmond American Homes, and the recently added Century Communities. Homes are designed with today’s buyer in mind, offering open-concept floor plans, designer-selected finishes, and energy-efficient features.

Residents will enjoy Rancho Sahuarita’s signature lifestyle amenities, including a resort-style recreation center, multiple parks, splash pads, pools, a state-of-the-art fitness facility, and over 25 miles of scenic walking and biking trails.

This latest investment reflects Meritage’s confidence in the strength of the Southern Arizona market and aligns with the builder’s broader growth strategy across key Sun Belt regions.

Prospective buyers can visit the Meritage Homes website or contact the local sales team for details on available homes and floor plans.

Other national builders committed to Entrada Del Toro include KB Home, Richmond American Homes, Lennar Arizona, and Century Communities.

Reference: RED Comp #11843

TUCSON, AZ (May 21, 2025)—A well-equipped adult care facility located at 11109 E Tanque Verde Road in northeast Tucson has sold for $1,400,000 ($337 PSF/ $140,000 per bed). Glen and Jamie Olson, local Tucson residents, purchased the property in a transaction that reflects continued interest in specialized residential care properties and unique estate opportunities.

The 10-bedroom, 7-bathroom residence spans 4,195 square feet on 0.83 acres and was previously operated as the Searles Adult Care Home. Purpose-built for assisted living, the home includes private and semi-private bedrooms, two laundry rooms, and a split floor plan to enhance privacy and comfort for residents.

Key features include a gourmet kitchen with granite countertops and stainless steel appliances, a detached guest house with 3 bedrooms and 3 bathrooms, and a separate studio with a full bath—ideal for additional care staff, extended family, or flexible use.

The property offers a peaceful outdoor environment with a koi pond, waterfall, covered patios, and a ramada set against views of the Catalina Mountains. Security and tech upgrades include an alarm system, surveillance cameras, and high-speed internet.

This sale highlights the ongoing value of adaptable residential facilities in Tucson’s healthcare and housing markets. The layout is well-suited for continued use as a care home or conversion into a large private estate.

Nina Marvcesim with Realty Executives Arizona Territory handled the transaction for the buyer and seller, M6M, LLC, Marilou Errazo of Tucson.

For more details on this transaction or similar properties in the area, Marvcesim should be reached at 520.585.0885.

Reference: RED Comp #11906.

TUCSON, ARIZONA (May 20, 2025) – O’Reilly Auto Enterprises, headquartered in Springfield, Missouri, has acquired the commercial property at 1340 W Ajo Way in Tucson for $1,875,000 ($207 PSF). The sellers were James and Marietta Richard, longtime local property owners.

The 9,077-square-foot building was constructed in 2015 and previously served as a Family Dollar store, with an adjacent Blue Rhino propane exchange station—both of which have since ceased operations. Designed for general retail use, the building is positioned on a generous 2-acre lot, allowing flexibility for future commercial redevelopment.

Strategically located just west of South 12th Avenue, the property sits along one of Tucson’s busiest commercial corridors and benefits from excellent visibility and accessibility. It is surrounded by a mix of retail, service, and residential developments, including the South Tucson and Midvale Park neighborhoods.

Other than preliminary permits to secure the site with a 6-foot fence, O’Reilly Auto has not yet announced specific plans. The acquisition supports the company’s continued expansion in Southern Arizona. O’Reilly currently operates over 20 stores in the Tucson metro area, offering a full suite of automotive parts and services, including battery diagnostics, tool rentals, oil recycling, and more.

The purchase of 1340 W Ajo Way underscores O’Reilly’s commitment to strategic growth in high-demand markets and positions the company to serve customers in the South Tucson submarket better, whether through a new store location, relocation, or expanded service footprint. O’Reilly Auto Parts currently has 21 stores in metro Tucson.

O’Reilly Automotive, Inc. (NASDAQ: ORLY) was founded in 1957 and is one of the nation’s largest specialty retailers of automotive aftermarket parts, tools, and accessories. It serves both professional installers and do-it-yourself customers across the United States.

No brokers were reported in the transaction.

Reference: RED Comp #11900