A 400-acre parcel will go up for auction next week at the Arizona State Land Department, one of the largest parcels the department has put up for sale north of Loop 101.

The land in question is north of the Reach 11 Sports Complex and tucked behind two cemeteries, including National Memorial Cemetery of Arizona. It sits just west of the Desert Ridge master-planned area.

Assessed value of the land is $100 million, less than half of the value of Desert Ridge land about a mile away that sold in April.

Posted: 10|27|07 at 9:44 am. Filed under: US Property.