Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 238 acres of ranch land located at 290 Elgin-Canelo Road in Elgin, Arizona. According to Ryan Sarbinoff, regional manager of the firm’s Phoenix office, the asset sold for $812,500. “Our team was pleased to be able to assist the Tucson-based property owner in finding an all-cash buyer for this picturesque 238 acres!
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