November 24, 2024 9:17 am
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SOLD! Deer Valley industrial parcel

By AZRE | AZ Big Media

Mutual respect and perseverance between all parties led to an off-market industrial land deal.The Deer Valley submarket is one of the hottest spots in the Phoenix Scottsdale Metropolitan Statistical Areas (MSA). Some of the highlights of this area are the Fintech Corridor along I-17, TSMC’s new semiconductor plant going in at the intersection of I-17 and 303, as well as an evolving residential area with popular hiking and mountain biking in the communities that make up the 57-square mile Deer Valley Village. High paying job opportunities and quality of life have made the Deer Valley industrial submarket and land values skyrocket. Just recently, one of the last prime industrial lots of 5.25 acres of A-1 zoned land sold for $4,816,000 (+/- $21 PSF).

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.