1.05 acres of vacant land in Scottsdale sells for $1.65M

Just over one acre of vacant land at the southeast corner of Hayden Road and Frank Lloyd Boulevard in Scottsdale sold for $1,645,632, according to the commercial real estate tracking website Vizzda. The sale price for the 1.05-acre parcel breaks down to $1,567,268.57 per acre.

In terms of plans for the land, developers are proposing two mixed-use buildings with a total of 123,000 square feet of office space, 69,000 square feet of retail and restaurant space, and 746 parking spaces on 6.6 net acres.

The buyer is an entity tracing to Scottsdale Bullion and Coin. The seller was Core Center of Scottsdale.

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