Land Leased By Volkswagen Of America

Arizona State Land Department Announces Auction Success With Volkswagen Of America, Inc.

PHOENIX, Ariz. (December 14, 2006) – The Arizona State Land Department today announced that Volkswagen of America, Inc. will pay $55 million for a 25-year lease on 11,900 acres of land 10 miles west of Gila Bend on which they plan to develop a new automobile proving ground.

State Land Commissioner Mark Winkleman explained that Volkswagen has an existing automobile proving ground in Arizona, but they wanted to find a new location that would meet their needs for a large, remote location near a major metropolitan area. After considering a number of sites, including at least three in other states, Volkswagen decided to stay in Arizona and bid for this new site.

“We are thrilled that Volkswagen decided to keep their proving facility in Arizona, keeping business in our state is important for the future of our overall economy,” said Winkelman. “Volkswagen had specific requirements for their facility and we are very happy that today’s auction was successful and that this 25-year lease will give them the land they need while providing substantial support for Arizona’s schools.

The Arizona State Land Department manages 9.3 million acres of Arizona State Trust Land. The proceeds from the sales of this land go to the beneficiaries of the Arizona State Land Trust Permanent Trust Fund, primarily Arizona Common Schools, supporting grades K-12. For more information about the State of Arizona Land Department visit www.land.state.az.us or call (602) 542-4621.

Source: Arizona State Land Department Press Release

Photo via: Dr. Keats

Housing Market Update

Here is the latest Gila Bend, Arizona housing market update for October 28, 2007.

Gila Bend Arizona Homes For Sale: Right now 4 Gila Bend houses are listed for sale on the MLS. Prices for area homes start at just $75,000 and top out at $848,000.

Gila Bend Arizona Land For Sale: 36 land, lots, and farm acreage are listed for sale at this time. Land prices start at $29,000 and go up to $16,775,000 for 639.0 acres.

Source: Realtor.com - Official Site of the National Association of Realtors

Photo via: Danny McL

Brokers

Gila Bend, Arizona Real Estate Brokers

UNITED COUNTRY GILA BEND REALTY
306 E PIMA
GILA BEND, AZ 85337
Phone Number: (928) 683-6050

Designated Broker: Rucker, Richard

The Gila Bend real estate broker information was retrieved from the Arizona Department of Real Estate public database.

The information was retrieved from the Department's database at 11/23/2008 10:09:35 PM.

Arizona Department of Real Estate
Phoenix Office
2910 N. 44th Street
Phoenix, AZ 85018
Main Number: 602-468-1414

Photo via: Clark

Market Update October 2007

Here is the latest Gila Bend Arizona real estate market update for October 1, 2007.

Gila Bend Arizona Homes For Sale: Right now 6 homes are listed for sale on the MLS. Prices for houses start at just $75,000 and top out at $848,000.

Gila Bend Arizona Land For Sale: 51 land, lots, and farm acreage are listed for sale at this time. Land prices start at $29,000 and go up to $16,775,000 for 639.0 acres.

Source: Realtor.com - Official Site of the National Association of Realtors

Photo via: hummingcrow