Land with Home for Auction in Picacho, Arizona

ONLINE AUCTION 89.09+/- ACRES + HOUSE IN TWO PARCELS

6861 E. SHAY RD, PICACHO, AZ 85148

PARCEL A: NOT INCLUDED IN AUCTION SALE

PARCEL B: 29.06+/- ACRES

PARCEL C: 60.01 +/- ACRE + 3 BED/2 BATH HOUSE WITH POWER ON SEPTIC

STARTING BIDS OF ONLY $4,000 PER ACRE!

UNITED COUNTRY REAL ESTATE - ARIZONA PROPERTY & AUCTION and THE LARSEN COMPANY REAL ESTATE AND AUCTION are ordered by its ownership to offer 89.09+/- acres + a 3 bedroom/2 bathroom house in TWO parcels at Online Auction! Don't miss this exciting opportunity to bid on prime rurual residential land parcels in Picacho, Arizona farm country with privacy and amazing views.

What is the Buying Opportunity?

Unveil the splendor of Arizona's vast desert landscape with this exclusive auction offering! Bid now for the chance to own up to 89+/- acres of pristine rural terrain, divided into two parcels, brimming with endless possibilities. Nestled conveniently between Phoenix and Tucson, just off the I-10, this land beckons with potential for your dream ventures.

Imagine crafting your own slice of paradise--a sprawling horse ranch, a serene RV park, or charming country homes, all set against the backdrop of Arizona's iconic Picacho Peak. Here, the untouched desert sprawls out before you, inviting you to create a picturesque oasis amid nature's grandeur.

Embrace the freedom of vast horizons and unobstructed views, with 360-degree vistas of majestic mountains, enveloping privacy, and the allure of starlit skies--all without the confines of an HOA. Conveniently accessible from the I-10 freeway, this location offers both serenity and connectivity.

Consider the potential for investment: seize the opportunity to subdivide the land into residential ranchettes, addressing the growing demand for affordable housing. Plus, a bonus awaits--a 3-bedroom, 3-bath manufactured home, included as-is, ready to be transformed or cherished as part of your desert haven.

Don't miss your chance to make your mark on Arizona's enchanting farm country. Explore, envision, and seize this extraordinary opportunity before it's gone!

When is the Auction? Online bidding ends WEDNESDAY, MAY 16, 2024 at 1:00 PM (AZ)

How do I Bid? Visit AZLandAuction.com and click on the "Bidding Open" link to register as an online bidder. Or, visit the online bidding portal directly at UnitedCountryAZ.HiBid.com.

Where is the Property? In the developing rural residential desert area in the charming town of Picacho, Arizona. GoogleMap to 6861 E. SHAY RD, PICACHO, AZ 85148. GoogleMap GPS coordinates (32.702097, -111.494318). Follow I-10 E and take exit 211 from I-10 E go south (0.7 miles) to Peak Lane. Go east (0.9 miles) to Picacho Hwy. Go south (0.5) on Picacho Hwy to Shay Rd. Look for auction signage. Access is through the green gate on the south side of Shay Rd. Gate is locked. Property access by appointment only.

CLICK HERE for an online interactive LAND.ID map

PROPERTY INFORMATION:

PROPERTY TYPE: Vacant Land + a 3 Bed/2 Bath Manufactured Home

PARCEL SIZE: 89+/- acres offered in 2 parcels

COUNTY: Pinal County, Arizona

PINAL COUNTY ASSESSOR PARCEL NUMBER: 411-37-004-F

Parcel "B" (29.06+/- acres)

Parcel "C" (60.01 +/- acres + 3 Bed/2 Bath Manufactured Home)

NEAREST CITIES/TOWNS: Casa Grande, AZ (23+/- miles), Phoenix (67+/- miles), Tucson (45+/- miles)

ADDRESS: 6861 E. SHAY RD, PICACHO, AZ 85148

GPS COORDINATES: GoogleMaps (32.702097, -111.494318)

STARTING BID: $4,000 per acre

ELEVATION: 1,620 Feet

ZONING: RA (Rural Agriculture)

TERRAIN: Flat

SUBDIVISION: None

HOA: None

ANNUAL TAXES: $92/year (2023 property tax annual assessment with an agricultural exemption)

ROAD ACCESS: Picacho Rd

ROAD TYPE: Paved

LEGAL ACCESS: Yes

ELECTRIC: Electrical District #4, Pinal County, AZ is located on property.

WATER: None

SEWER: Septic installed and connected to the house.

PROPERTY PREVIEW AND INSPECTION: Preview and inspection of the property is available on a drive-by basis from outside the gate. Appointment required to access the gate onto the property. Please reference the auction listing and maps to determine the property's location. Contact Arizona Brokers and Auctioneers, Stewart Larsen (480-861-2530) or John Payne (480-422-6800) to schedule a tour.

SALE TERMS: No registration fee to bid. All bidding is done online through UnitedCountryAZ.hibid.com. A 10% Buyer's Premium (auction fee) will be added to the high bid to determine the purchase price. A non-refundable earnest money deposit of 10% of the purchase price is due to open escrow with the balance due within a 30-day closing. The property is sold "as-is" and subject to seller approval of the bid. The seller guarantees a clear title of liens and mortgages with title insurance provided. The seller reserves the right to withdraw the property, postpone, or cancel the auction prior to the sale. All announcements made on the day of sale take precedence over all previous advertising. All information is from reliable sources. However, the auctioneer/broker does not accept responsibility for the information presented as it is the buyer's responsibility to verify all information.

SELLER FINANCING: Seller financing is available with the below flexible terms.

Down payment = 25%

Interest = 8%

Loan term = 15 year

Loan payment = includes loan principal + interest + impound for property taxes + account servicing fee

Prepayment penalty = 10% of the loan balance before the 36th monthly payment

Account servicing = yes

ONLINE INFO: Property information, disclosures, inspections, auction terms, and registration info available at AZLandAuction.com.

QUESTIONS? Contact Arizona Brokers and Auctioneers, Stewart Larsen (480-861-2530) or John Payne (480-422-6800).

Happy Bidding!

Stewart Larsen | The Larsen Company Real Estate and Auctions

480.861.2530 | slarsen@thelarsencompany.com

John Payne | United Country Real Estate - Arizona Property & Auction

480.422.6800 | john@UnitedCountryAZ.com