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26411 N Felix RdFlorence, AZ 85132
San Tan Serenity Acres
Asset ClassLand, Multifamily, Retail, Industrial, Self Storage, Mixed Use, Special Purpose
Land272.52 Acres
Square Feet: 11,654,052MSA: San Tan Valley, AZAccess Data Room
San Tan Serenity Acres - A Master-planned development opportunity. Buyers will be able to build SFH, BFR, Multifamily, Retail, Industrial, and all other commercial uses.
overview of deal


Located in the tranquil town of Florence is a vast raw

land within 3 tracts surrounding the intersection of

Arizona Farms Rd and Felix Rd. Track 1 & 2 will be

located on the hard corners of the future on and off

ramps for the North/South Highway. Tract one is

located on the SWC of E Arizona Farms Rd and N Felix

Rd. Spanning an impressive 156.92 acres, this land

provides an enticing canvas for developers aiming

to craft harmonious residential communities with a

vision of 503 lots, 14.77 AC for Multifamily, & 14.94 AC for

Commercial. This tract also has an approved PAD. A

stone’s throw away is another promising piece of land

at 26411 N Felix Rd, Florence. This 39.85 AC tract is

primed for commercial endeavors, be it shopping

complexes, offices, or recreational centers. Another

intriguing offering is the land on the NEC of E Heritage

Rd and N Felix Rd, Florence. Stretching over 75.75

acres, it’s a golden opportunity for developers to take

advantage of a blank canvas that allows for multiple

proposed uses which include Single Family Homes,

Industrial, Build-for-Rent, and Commercial.

Collectively, these three raw land tracts in Florence,

each with their unique characteristics and proposed

uses, present a wealth of opportunities for visionary

developers. With the backdrop of Florence’s serenity,

they are bound to be significant additions to the

town’s evolving landscape

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Investment Highlights

Great Mix of Proposed Uses

These parcels offer a diverse range of potential uses, presenting an attractive proposition for varied development pursuits. This will be a great master-planned undertaking with multifamily, single-family homes, commercial, and potential industrial uses.

100-Year Assured Water Supply

One of the standout features of all three parcels is the assurance of a 100-year water supply. Such a guarantee eliminates a significant chunk of developmental uncertainties, ensuring that water, one of the most crucial resources for any residential or commercial establishment, will not be a hindrance. This assurance not only promises sustainability but also adds tremendous value, paving the way for smoother development processes.

Join Well-Known Home Builders

These parcels offer an enticing opportunity to collaborate with some of the nation’s most renowned home builders. From the quality craftsmanship of DR Horton and the distinctive designs of Taylor Morrison to the luxury touches of Toll Brothers and the innovative layouts of Ashton Woods, the potential to create standout communities in collaboration with these industry giants is immense.

Future North / South Corridor Development

The upcoming “North / South Corridor” development holds promising implications for these parcels. With an adjacent location and a planned interchange, the accessibility factor will see a significant boost, especially on the Arizona Farms Road. Stretching over 55 miles, from U.S. 60 in Apache Junction to Interstate 10 in Eloy, this state route promises to enhance connectivity, traversing through key locations like Queen Creek, Coolidge, Florence, and significant portions of Pinal County.

In El Dorado Holdings Master Plan

The westernmost parcel holds a special distinction—it’s a part of the prestigious El Dorado Holdings master plan. Envisioned as a segment of the larger Arizona Farms Master planned community, this parcel is set to house approximately 503 lots within a grand 2,300 lot scheme. Adding to its allure, Eldorado Holdings has already secured an approved PAD, further solidifying the developmental potential of this piece of land.

Multiple Uses For the West Parcel

The western parcel is a versatile piece of land, incorporated within the Eldorado Holdings residential master plan. Beyond its residential potential, it also presents unique commercial and multi-family development opportunities. Specifically, 14.77 acres are earmarked for multi-family development, while another 14.94 acres are primed for commercial uses, underscoring the multi-faceted appeal of this parcel.

Major Infrastructure Improvements

Infrastructure forms the backbone of any successful development, and in this context, significant strides have been made. El Dorado Holdings has already undertaken considerable groundwork, setting the stage for future establishments. Moreover, the impending North / South Corridor promises to usher in a range of infrastructure enhancements, adding to the region’s developmental allure.

Low Availability of Land

In the vicinity of these Parcels, there has been a marked decrease in the availability of land, a trend largely attributed to a surge in developmental projects and the significant presence of state-owned land. The region has seen a growing interest from SFH developers, with numerous projects sprouting up, aiming to capitalize on the area’s potential. This spike in developmental activity, combined with the vast expanses of state land that are not readily available for commercial or residential purposes, has created an incredibly tight market for land. Theses parcels are not just an opportunity for

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26411 N Felix RdFlorence, AZ 85132

Transwestern - Phoenix Capital Markets

Dylan SproulVice President
Paul Borgesen, SIORSenior Vice President
Royden HudnallSenior
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Listing provided by Revere CRE