0.37 Acres Lot
0.37 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Toltec/Arizona Valley Unit Eighteen
MLS Listing ID 6972631
HOA Y/N No
Annual Tax Amount $14
Tax Year 2025
Lot Size 0.365 Acres
Acres 0.37
Lot Dimensions 70' x 143'
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
The parcel offers a clean slate for development, though utilities such as water, electric, and sewer are located approximately 0.25 to 0.5 miles from the property line. While this means additional infrastructure investment will be required to connect, it remains within a manageable range for build-out plans once market conditions align. Prospective owners should investigate local zoning codes, subdivision potential, and utility connection costs as part of their due diligence.
Currently, this lot is best suited for a buy-and-hold strategy. Investors can secure the land at an attractive price point in a market with limited comparable inventory, positioning themselves advantageously for future rezoning, subdivision, or construction as area development accelerates. Eloy's expanding population, improving infrastructure, and increasing demand for housing create a favorable backdrop to hold and capitalize on land appreciation over time.
The location offers convenient access to highways and essential services while remaining removed enough to benefit from quiet, semi-rural surroundings coveted by many secondary homebuyers. This balance of accessibility and tranquility makes the lot a promising investment for those looking to build value steadily before committing to construction.
In summary, 4925 N Cortez Dr is a compelling vacant land acquisition for buyers focused on long-term growth and development in a market primed for change. With some planning around utility connections and zoning, this property can form the foundation of a lucrative real estate portfolio or future residential project.
Owner is a licensed real estate agent in the state of AZ.
Seller Financing 50% down, monthly payment $500, Interest rate 10%.
Must use Pioneer Title
Location
State AZ
County Pinal
Community Toltec/Arizona Valley Unit Eighteen
Area Pinal
Zoning R1-12
Direction Go North 2 miles take a right on Chiricahua go 1/4 mi. to Cortez take right the lot is the 3rd on the left.
Interior
Flooring Flooring
Exterior
Fence None
View Mountain(s), City Lights
Topography Level
Private Pool No
Building
Sewer None
Water See Remarks, City Franchise
New Construction No
Schools
Elementary Schools Toltec Elementary School
Middle Schools Toltec Elementary School
High Schools Casa Grande Union High School
School District Casa Grande Union High School District
Others
Senior Community No
Tax ID 404-16-075
Acceptable Financing Cash, Conventional
Horse Property N
Disclosures Seller Prop Disc Stm, None
Listing Terms Cash, Conventional
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