$750,000
Glendale, AZ 85307
MLS# 6257260
Status: Closed
1045 sqft
1 / 26
Property Description
Auto Sales dealership Commercial Zoning, with 40 - 45 spaces and custom built office. The building features 11 ft ceilings, 3 large offices, restrooms, kitchen and large reception area. Lot freshly top coated plus striping and traffic markings. The lot has city approved set-backs, water retention area's and vehicle display pads. The cost for the improvements exceeded $375,000 The lot is located on a County Island just blocks from Luke Air Force base. The National Guard facility (just opening) is just across Glendale Ave. This is a prime location in a growing community. Option for owner/dealer to buy out lease. Drive by only, no sign on property.
Details
Maps
Contract Info
Current Price: $650,000
Sold Price: $650,000
Status: Closed
List Date: 2021-06-28
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: N29
House Number: 13812
Compass: W
Street Name: Glendale
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85307
Country: USA
County Code: Maricopa
Assessor's Map #: 52
Assessor's Parcel #: 4
Assessor Parcel Ltr: N
Add'l Parcels: No
Assessor Number: 501-52-004-N
Legal: E 150F OF W 605F OF S 205 OF SW4 OF SEC 3 EX S 55F RD PER RD MAPS 5-36 & 19-34 & P/D 3712-169 & P/D 8233-727 & ALSO EX
Tax Municipality: Maricopa - COUNTY
Taxes: 4866.14
Tax Year: 2020
General Property Description
Ttl Apx SqFt Bldg: 1045
# of Buildings: 1
Year Built: 2008
Uncvrd Parking Spcs: 42
Zoning: c-o
Flood Zone: No
Remarks & Misc
Cross Street: Glendale Ave and Litchfield Rd
Geo Lat: 33.537222
Geo Lon: -112.356479
Status Change Info
Status Change Date: 2021-12-18
Off Market Date: 2021-12-09
Under Contract Date: 2021-12-03
Close of Escrow Date: 2021-12-17
Sold Price: $650,000
Legal Info
Township: 2N
Range: 1W
Section: 3
Lot Number: N
Income & Expenses
Owner Association: No
Annual Other Expense: 3000
Operating Exp: 7866.14
Gross Annual Sch Inc: 50400
Adjusted Gross Inc: 50400
Net Operating Income: 50400
Pmt & Rate Info
Down Payment: 150000
Cap Rate: 6.72
Equity: 750000
Sold Info
Loan Type: Exchange
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Office
Current Use: Automobile; Retail
Stories: 1 Story
Construction: Stucco; Frame - Wood
Roofing: Comp Shingle
Floors: Vinyl
Ceiling Height: 10.1 Feet to 12 Feet
Cooling: Office A/C
Loading Facilities: None
Interior: Finished; Alarm System; Private Restrooms
Exterior: Building Sign; Monument Sign
Fencing: Block; Chain Link
Parking: Fenced; Paved Parking
Electric: APS
Gas: None
Water: Private Franchise
Sewer: Septic Tank
Freeway/Highway: 1.1 - 2 Miles
Owner Wants: Other (See Remarks)
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Treat as Free&Clear
Roads/Streets: Asphalt
Traffic Count: Up to 5,000
Reports/Disclosures: Soil Test; Seller Prop Disc Stm; Vicinity of an Airport
Use Restrictions: Currently Leased; Airport Flight Zone
Environmental: Phase I Available
Listing Office: My Home Group Real Estate
Last Updated: May - 21 - 2022
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