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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$7,995

Est. payment - /mo

0.37 Acres Lot

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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

This vacant lot at 4925 N Cortez Drive in Eloy, Arizona, presents a strategic opportunity for investors and buyers looking to enter a growing market with a long-term vision. Situated in an area favored for secondary and vacation homes, Eloy continues to attract attention due to its location between Phoenix and Tucson, making it an ideal place to acquire land with future appreciation potential.

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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Listed by RE/MAX Fine Properties • Bryce Perez

NEARBY SCHOOL & BUSINESS

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4925 N CORTEZ Drive #11 Eloy, AZ 85131