8.22 Acres of Light Industrial Land in an Opportunity Zone – Eloy, AZ
FOR SALE: $1,432,253 ($4.00SF)
+/- 8.22 Acres
West of the Northwest corner of Battaglia Drive and Tweedy Road, Kitty-corner to the Owens Corning facility
Position your business for success with 8.22 acres of Light Industrial land located in an Opportunity Zone in Eloy, Arizona, ideally situated west of the northwest corner of Battaglia Drive and Tweedy Road. With Light Industrial zoning (City of Eloy) and easy access to Interstate 10 via Toltec Road (2.5 miles), the property offers excellent connectivity to major markets—just 25 minutes (18 miles) from Casa Grande and approximately 50 minutes to both Greater Phoenix and Tucson. Priced at $1,432,253 ($4.00/SF), this 8.22-acre parcel (APN: 404-23-003S) is perfectly positioned for industrial users and investors seeking growth in one of Arizona’s most strategic corridors.
This property is located within a designated Opportunity Zone, offering investors powerful capital gains tax advantages. This unique tax incentive is underpinned by the property’s immediate proximity to the Owens Corning facility, located kitty corner to the Property and the large-scale Eloy fabrication plant for Schu Steel, consistently ranked as the #1 Steel Erector in the U.S. This concentration of heavy industry, which also includes Republic Plastics, validates Eloy as one of Arizona’s most promising areas for long-term economic development and capital appreciation.
Property Highlights
- Power: APS
- Water/Sewer: City of Eloy
- Access to Interstate 10 via Toltec Road; +/- 2.5 miles
- +/- 25 minutes (+/-18 miles) from the City of Casa Grande
- Approximately 50 minutes to Greater Phoenix area and 50 minutes to Tucson
Opportunity zone land
- Capital gains tax incentives for investing in opportunity zone
- Temporary deferral for capital gains reinvested
- Step-up in basis to 15%
- Permanent exclusion from taxable income of capital gains