$1,749,950
14819 N CAVE CREEK Road
Phoenix, AZ 85032
MLS# 5055289
7461 sqft


Newly updated - white smooth stucco and faux grass front
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Newly updated - white smooth stucco and faux grass front 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032 14819 N CAVE CREEK Road, Phoenix, AZ 85032

Property Description
This is a great opportunity for commercial acquisition of a C2 property at nearly consistent 100% occupancy, consistently! Building boasts 26 suites, private mailboxes that can be rented, and a boardroom that is for tenants and leased by outside parties for additional income! Great Cap Rate and consistent income for seven + years! Upgraded/updated recently with many efficiency features installed, such as LED lighting in many spaces, new windows, newly redone entry with magnetic gate that locks each evening, tiled front, new synthetic smooth stucco, faux grass front and putting green in courtyard! This is a 7,461sf property on a 20,000+ lot!

Details
Maps
Contract Info
Current Price: $1,749,950
List Price: $1,749,950
Status: Active
List Date: 2014-01-16
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: L35
House Number: 14819
Compass: N
Street Name: CAVE CREEK
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85032
Zip4: 4909
Country: USA
County Code: Maricopa
Legal Description (Abbrev): PARADISE PLAZA
Assessor's Map #: 66
Assessor's Parcel #: 18
Assessor Parcel Ltr: B
Add'l Parcels: No
Assessor Number: 214-66-018-B
Census Tract: 103501
Legal: PARADISE PLAZA MCR 93/35 LOT 18 & ALSO N 1.15F OF LOT 19 EX TH PT
Tax Municipality: Phoenix
Tax District: Marico
Taxes: 6005
Tax Year: 2013
General Property Description
Type of Property: C2 Commercial
Ttl Apx SqFt Bldg: 7461
# of Buildings: 1
Lot Size Dimensions: 100' x 200'
Year Built: 1972
Uncvrd Parking Spcs: 28
Zoning: C-2
Remarks & Misc
Cross Street: Greenway & Cave Creek
Directions: Between Cactus and Greenway Road on East side of Cave Creek Road.
Geo Lat: 33.621088
Geo Lon: -112.030163
Status Change Info
Status Change Date: 2018-10-04
Legal Info
Township: 3N
Range: 3E
Section: 11
Lot Number: 18
Income & Expenses
Owner Association: No
Operating Exp: 6005
Net Operating Income: 145000
Pmt & Rate Info
Cap Rate: 8.29
Equity: 1749950
Contact Info
List Agent Home Phn: 480-255-7327
Property Features
Building Type: Commercial; Office
Current Use: Mixed Use; Service Business; Religious Facility; Automobile; Medical/Dental; Recreational; Office; Warehouse; Retail; Wholesale; Other; See Remarks
Stories: 1 Story
Construction: Block; Stucco
Roofing: Built-Up; Foam
Floors: Wood; Ceramic Tile; Other
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Office A/C
Loading Facilities: None
Interior: Finished; Security System; Security Camera(s); Alarm System; Public Restrooms
Exterior: Pole Sign; Security Camera(s)
Fencing: None
Amenities: Conference Room; Showers - Office; Skylight(s); Display Window(s)
Parking: Free; Private Parking
Electric: APS; Over 220 Amp
Gas: None
Water: City Franchise
Sewer: Sewer - Public
Owner Wants: Cash Only; Owner May Carry; 1031 Exchange
Special: Owner/Agent
Source of Fincl Data: Provided by Owner
Existing 1st Loan: Other (See Rmks)
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Other (See Remarks)
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Roads/Streets: Asphalt
Traffic Count: 15,001 to 25,000
Reports/Disclosures: None
Use Restrictions: Currently Leased
Environmental: None

Listing Office: Prestige Realty

Last Updated: November - 28 - 2021

14819 N CAVE CREEK Road, Phoenix, AZ 85032 - MLS# 5055289

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