Bruce D. Raskin bought 3.83 acres of land in Chandler for $3,775,000, according to the commercial real estate tracking website Vizzda. The price breaks down to $985,639.69 per acre.

The land is located at the southwest corner of Arizona Avenue and Chandler Boulevard in Chandler

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The seller was Next Gen Development.

The 3.836 acres of land, or 167,111 square feet, is formerly the site of 46 units of Resort Casitas at Crowne Plaza San Marcos Resort, which was built in 1962 and demolished after 2015.