Pinal County Land Sales
The City of Mesa has announced that is has hired a local land brokerage
company,
Nathan &
Associates, Inc., to represent the City's interest in the sale of
approximately 11,606 acres of land. The land is located between the towns of
Eloy and Coolidge in Pinal County.
Originally identified by the City's 2025 Financing the Future Committee, the
City Council has directed that a portion of Mesa's land holding in Pinal
County be sold during the next 10 years.
"We feel very fortunate to have someone of the caliber and the regional
expertise of Nathan & Associates handling the sale of this significant
asset," Mesa's City Manager Chris Brady said. " We have a great deal of
confidence in them as we move forward with the sale and development of this
land."
Mesa originally purchased the land in 1985 for a total of $29 million to
provide a backup source of water. After recent analysis, the City has
determined there are more viable resources to acquire water reserves in the
future if necessary. According to the Mesa City Charter, the City Council
will have to approve any land sale.
The proceeds from the land sale have already been projected in the City's
budget forecasts.
Nathan &
Associates, Inc. was founded in 1980 and was responsible for the sale of
the largest piece of the General Motors proving grounds in east Mesa. That
property was sold for $265 million.
Additional information is available on this project by contacting
Nathan &
Associates Inc. at (480)-367-0700 or
Yvonne McCall, City of Mesa at
(480) 644-4448.
Maps
Informational Video Regarding Farm Property
Farm Vicinity Map (.pdf 1 page)
Location Map (.pdf 1 page)
Farm Map (.pdf 1 page)
Pinal County Aerial Map &
Ownership (.pdf 1 page)
Pinal County Conceptual Land
Use (.pdf 1 page)
Pinal County Constraints Map
(.pdf 1 page)
Pinal County Existing
General Plan (.pdf 1 page)
Pinal County North Village
Core (.pdf 1 page)
Pinal County South Village
Core (.pdf 1 page)
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Pinal County Land Sales
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City of Mesa
P.O. Box 1466
20 E. Main St., #500
Mesa, AZ 85211-1466
480-644-2577
480-644-3392 (fax)
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