Taylor Morrison bought 98.57 acres of land in Queen Creek for $12,412,200, according to the commercial real estate tracking website Vizzda.

The land is located at northwest corner of South Ellsworth Road and East Chandler Heights Boulevard in Queen Creek.

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The land is broken down into 287 platted and engineered lots. The land is intended to be part of Phase 1 of the proposed Ellsworth Ranch residential community. The sale price breaks down to $43,248.08 per lot.

The seller was EIP Ellsworth Feedlot.