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,
Doug Tessendorf, Real Estate Services Director
at (480) 644-2520, or
Amy
Morales, Project Assistant at (480) 644-4896.
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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