NAI Horizon Year-End Land Transactions Exceed $5.5 Million

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Vacant Land Real Estate Daily NewsThe following land transactions with an aggregate of $5.54 million were reported by NAI Horizon of Phoenix for end of year sales.

John Filli of NAI Horizon negotiated the sale of 26.8 acres of land, representing the seller, Fieldbrook Payson Partners, LLC, for $2,147,000 ($80,112 per acre). The property is Rumsey Ridge Development in Payson, AZ.

Mark Wilcke of NAI Horizon negotiated the sale of 5.34 acres, 232,610 square-feet, of land, representing the buyer, Corporation of the Presiding Bishop of the Church of Jesus Christ of Latter-Day Saints, for $1,500,000 ($6.45 PSF). The property is located at the NEC of Crismon and Baseline Road in Mesa, AZ and will be used for construction of a church on the site.

Brad Ranly of NAI Horizon negotiated the sale of 103 acres of land, representing the seller, Iota Thirty Six, LLC, for $1,354,450 ($13,150 per acre). The property is located NW of Kleck Road and Hacienda Road in Casa Grande, AZ.

Barbara Lloyd and Lane Neville of NAI Horizon negotiated the sale of 18 acres of land, representing the seller, SBAZ Real Estate Holdings, LLC, for $535,000 ($29,722 per acre). The property is located at 247th Avenue and Yuma Road in Buckeye, AZ.

The brokers can be reached at the NAI Horizon office (602) 955.4000.