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Property Description
This vacant lot at 4925 N Cortez Drive in Eloy, Arizona, presents a strategic opportunity for investors and buyers looking to enter a growing market with a long-term vision. Situated in an area favored for secondary and vacation homes, Eloy continues to attract attention due to its location between Phoenix and Tucson, making it an ideal place to acquire land with future appreciation potential. The parcel offers a clean slate for development, though utilities such as water, electric, and sewer are located approximately 0.25 to 0.5 miles from the property line. While this means additional infrastructure investment will be required to connect, it remains within a manageable range for build-out plans once market conditions align. Prospective owners should investigate local zoning codes, subdivision potential, and utility connection costs as part of their due diligence. Currently, this lot is best suited for a buy-and-hold strategy. Investors can secure the land at an attractive price point in a market with limited comparable inventory, positioning themselves advantageously for future rezoning, subdivision, or construction as area development accelerates. Eloy's expanding population, improving infrastructure, and increasing demand for housing create a favorable backdrop to hold and capitalize on land appreciation over time. The location offers convenient access to highways and essential services while remaining removed enough to benefit from quiet, semi-rural surroundings coveted by many secondary homebuyers. This balance of accessibility and tranquility makes the lot a promising investment for those looking to build value steadily before committing to construction. In summary, 4925 N Cortez Dr is a compelling vacant land acquisition for buyers focused on long-term growth and development in a market primed for change. With some planning around utility connections and zoning, this property can form the foundation of a lucrative real estate portfolio or future residential project. Owner is a licensed real estate agent in the state of AZ.
Full Property Details
Full Property Details for 4925 N Cortez Dr #11
General
- Price: $7,995
- Taxes: $14 (2025)
- Status: Active
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6972631
- Updated: 1/23/2026
- Added to Site: 1 day(s) ago
Location
- County: Pinal
- Township: 07S
- Subdivision: TOLTEC/ARIZONA VALLEY UNIT EIGHTEEN
- Cross Streets: Hwy 10 & Toltec Rd.
- Total Lots Available: 1
Utilities
- Dist. to Gas: None
- Dist. to Electric: Call Listing Office
- Dist. to Sewer: Within 1/2 Mile
- Water: See Remarks, City Franchise
- Dist. to Water: Within 1/2 Mile
- Dist. to Telecomm: Within 1/2 Mile
Additional Structures
- Other Structures: None
Lot Features
- Property View: Mountain(s), City Lights
- Mountain views: Yes
- Lot Size (Acres): 0.37
- Lot Size (Sq. Ft.): 15,907
- Lot Dimensions: 70' x 143'
- Frontage: Gravel, Dirt
- Development Status: Raw Land, Subdivision Plat Apv, Off Site Imp Needed, On Site Imp Needed
- Trees/Vegetation: Natural Vegetation
- Zoning: R1-12
Financial Considerations
- Tax Amount: $14
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: LOT 11 BLOCK D TOLTEC/ARIZONA VALLEY UNIT EIGHTEEN CAB 12 SLD 60
- Property ID: 404-16-075
- Range: 07E
- Section: 22
- Lot Number: 11
Listed by RE/MAX Fine Properties
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Schools
Schools serving 4925 N Cortez Dr #11
School Districts:Toltec Elementary District, Casa Grande Union High School District
| Name | Grades | Distance |
|---|---|---|
Toltec Middle School 3315 North Toltec Road, Eloy, AZ 85131 | PK-12 | 2 mi |
Arizona City Elementary School 12115 Benito Drive, Arizona City, AZ 85123 | PK-8 | 6.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4925 N Cortez Dr #11
Date
Details
Price
Change
Source
1/23/2026
Listed
$7,995
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4925 N Cortez Dr #11
Year
Property Taxes
Change
Tax Assessment
Change
2025
$14
8%
$859
-3%
2023
$13
—
$883
32%
2023
$13
—
$668
65%
2022
$13
-7%
$406
31%
2021
$14
8%
$310
-19%
2020
$13
—
$381
-17%
2019
$13
—
$458
53%
2018
$13
—
$300
300%
2017
$13
-7%
$75
—
2016
$14
-7%
$75
—
2015
$15
7%
$75
-6%
2013
$14
—
$80
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4925 N Cortez Dr #11
4925 N Cortez Drive #11, Eloy, AZ 85131 (MLS# 6972631) is a Lots/Land property with a lot size of 0.37 acres. 4925 N Cortez Drive #11 is currently listed for $7,995 and was received on January 23, 2026. Want to learn more about 4925 N Cortez Drive #11? Do you have questions about finding other Lots/Land real estate for sale in Eloy? You can browse all Eloy real estate or contact a Coldwell Banker agent to request more information.

