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
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