Rural Land Values in the Southwest: Second Half, 1997 Page: 20
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Arizona Land Market Area I
Fall 1997 Median Fall 1998 Annual
Price per Acre Projected Change in Annual
($) Typical Change Number (%) Cash Rent
Size in Value For Per Acre
Rural Land Low Avage High (acres) (%) Sale Sold ($)
Irrigated cropland 750 1,250 2,000 320 0 - _
Nonirrigated cropland - - - - - .
Improved pasture - - - - - - - .
Native rangeland 65 - 85 25,000 - 10 25 -
Urban fringe 500 - 5,000 80 -
Orchard or vineyard - - - - - - -
Timberland - -
Sales with minerals transferred: - %
Percentage of minerals transferred: 75%
Native rangeland Cost ($)
per animal unit 2,000 - 4,000
Arizona Land Market Area 2
Fall 1997 Median Fall 1998 Annual
Price per Acre Projected Change in Annual
($) Typical Change Number (%) Cash Rent
Size in Value For Per Acre
Rural Land Low Average High (acres) (%) Sale Sold ($)
Irrigated cropland - - - - - . - .
Nonirrigated cropland - - - - - - - .
Improved pasture - - - - - _
Native rangeland 30 65 120 - - 20 15 -
Urban fringe - - - - -
Orchard or vineyard - - - - -
Timberland - - - .
Sales with minerals transferred: 0%
Percentage of minerals transferred: 0%Native rangeland
pier animal unitCost ($)
I -I
20
Source: Real Estate Center at Texas A&M University
I - I -T
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Gilliland, Charles E. & Semien, Anthony. Rural Land Values in the Southwest: Second Half, 1997, report, July 1998; College Station, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1586957/m1/24/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.