Great opportunity for a buy-and-hold land investment in fast growing Pinal County, Arizona. This lot, located in Toltec, Arizona, is in an area of speculative growth near Casa Grande, AZ under an hour each, to Phoenix and Tucson.
In March 2017, the Planning and Zoning Commission in nearby Casa Grande approved the re-zoning application for a proposed resort and amusement park in Casa Grande. The planning documents submitted to the city — which call for a theme park, water park, retail, entertainment space, housing and even a movie studio — say “Casa Grande is poised for a boost in popularity similar to Orlando before Disney built the park.”
This property has no utilities to the area, and the county does not allow RV's or mobile homes on site. This land should be treated as a speculative land purchase based on the developments in the Greater Casa Grande area and surrounding market area. Should the proposed resort and amusement park get off the ground, the area where this land is located has the potential to explode in value.
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