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Vermaland buys more South Eloy acreage, increasing their position as the commercial real estate leader in the ‘Golden Corridor’.
Vermaland, the same Arizona landowner that offered Tesla Motors Inc. a free 1,000-acre site in Eloy to build its $4 billion battery factory, has purchased more South Eloy acreage this month. The red outline below shows the NEW acreage purchased right beside the land Vermaland purchased earlier this year (outlined in green).
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Vermaland buys more South Eloy acreage
Vermaland is a land banking and land development company based in Phoenix, Arizona. Vermaland was founded by Kuldip Verma, P.E. in 2001. Most of our properties are located in Maricopa County in areas west of downtown Phoenix. Vermaland owns thousands of acres of land, mostly in Tonopah, Harquahala Valley, Gila Bend, Hyder, etc.
Vermaland has been in business for over ten years as a wholesale buyer and seller of land. They currently have the Largest Holdings of 50-1,200 Acre Parcels in Metro Phoenix. They also offer land for residential, commercial, agricultural, industrial, solar, and other renewable projects. Typically they purchase only high quality land parcels, which usually have:
- Good Road Access
- Flat
- Electricity
- Water
- Proximity to Substations
- Disturbed Farmland
- Adjacent to Future Solar Projects
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