Kidder Mathews announces the successful sale of two development-ready farm properties in Coolidge, Arizona, totaling $4.3 million. Both transactions were brokered by Kidder Mathews brokers Brian Rosella and Joseph Calistri, who represented the seller, MLC Farms, LLC.
The first transaction involved a +160-acre farm located at Christensen Road and the southwest corner of Highway 287. The property sold for $3,250,000 to the Contadino 2021 Irrevocable Trust. With significant frontage on Highway 287 and a prime location in a rapidly expanding area, the site presents an appealing investment opportunity for future development.
The second sale consisted of a +33-acre farm property at Arizona Boulevard and the northeast corner of Highway 87, which sold for $1,065,042 to Lone Butte Assets, LLC. The buyer, who owns neighboring land, was drawn to the site’s strategic location and potential for long-term growth.
“These sales reflect the strong interest we continue to see from developers and investors seeking land positioned for future growth in the Coolidge area,” said Rosella. “Well-located agricultural properties with key frontage and surrounding development momentum are in high demand.”
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 20 offices across Washington, Oregon, California, Idaho, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages $9 billion in transaction volume, manages more than 58 million square feet of space, and conducts 2,400 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.
