SCOTTSDALE, ARIZONA (May 4, 2020) – Land Advisors Organization of Metropolitan Phoenix is pleased to announce the sale of 279 lots in Northern Crossing Maricopa, located at the NEC of Northern Avenue and Cotton Lane, to Lennar Arizona, Inc., for $5.5 million.
The sale of this parcel is 66.61 gross acres and is zoned and platted for 202 lots with a dimension of 45 feet by 120 feet and 77 lots with a dimension of 50 feet by 120 feet.
The sale was handled by Mike Schwab, Bret Rinehart, Ryan Semro, and Ben Heglie of Land Advisors Organization of Metropolitan Phoenix who specialize in home builder developments and master-planned communities throughout Arizona.
“Lennar continues to expand their presence along the Loop 303 Corridor in the South Surprise sub-market,” Schwab said. “This new subdivision will have a minimum lot size of 45 feet by 120 feet and will provide new home product for both the ‘first-time’ and ‘first-time move-up’ home buyer.”
About Land Advisors Organization
Founded in 1987, Land Advisors Organization is the nation’s largest land brokerage firm specializing in providing deep market insights to landowners and purchasers for the most comprehensive and effective evaluation of land in markets across the country. By integrating current local market information with cutting-edge technology and geographically specialized professionals, Land Advisors Organization advises clients in identifying and capitalizing on valuable land opportunities in all economic environments. Land Advisors Organization serves landowners and purchasers from offices in Phoenix, Tucson, Casa Grande and Flagstaff, Arizona; Irvine, San Francisco, Century City, Pasadena, Roseville and San Diego, California; Orlando and Tampa Bay, Florida; Boise, Idaho; Las Vegas, Nevada; Albuquerque, New Mexico; Charlotte, North Carolina; Austin, Houston and Dallas-Fort Worth, Texas; Salt Lake City, Utah and Seattle, Washington. Stay connected with us on Twitter, Facebook and LinkedIn.