Introducing a prime development/investment opportunity along the Interstate 10 corridor west of one of the fastest-growing regions in the entire State of Arizona. This expansive 1,106-
acre property is located just south of the freeway and is serviced by full diamond interchanges at Wintersburg Road and 411th Avenue. 395th Avenue bisects the property and provides
easy north and south access with a full overpass. The 395th Avenue overpass has already been approved for a future full diamond interchange expansion via a "change of access"
approval. Approximately half of the 1,106 acres is currently farmed. More importantly, over 95% of the acreage has grandfathered irrigation water rights which are critical for
development under the State of Arizona's Agriculture to Urban water allocation program for development and the balance of the site could be brought into production with the addition of
one well. The property owners have invested millions of dollars with Global Water, the parent company for the local utility providers, to guarantee water and sewer service for the
property for a cost far less than surrounding communities. The property is ideally located for mixed use development including residential, industrial/employment and commercial
elements.
Sierra Negra is far more than just a speculative investment. property With its significant water resources, utility access, physical access and location, the project is the same distance
from the West Valley's major employment centers as current master-planned communities. However, Sierra Negra offers a superior opportunity due to its land value economic
advantage and a clear path for continued development based on existing water rights and utility agreements