$200,000
Maricopa, AZ 85139
MLS# 5303863
Status: Closed
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Property Description
3 parcels included in this sale: APN #'s 510-28-024, 510-28-018-B, 510-28-018-A. These lots include 3050 square feet of retail frontage on John Wayne Pkwy. 2 suites with separate meters for both water and power. 100% occupied by long term tenant through Dec 31 2016. A total of 17,176 square foot lot size. Property does have some deferred maintenance, is being sold AS-IS and is priced accordingly. Estate Sale!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $200,000
Sold Price: $200,000
Status: Closed
List Date: 2015-06-29
Location, Tax & Legal
Assessor's Map #: 28
Legal Description (Abbrev): COM NW COR NE NE SEC 28 S-297.20 S-54 E-1168 TO POB S-100 W-125 N -192.24 S-54 E-155.35 TO POB EXC S
Assessor's Parcel #: 18
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Pinal - COUNTY
Census Tract: 1704
Taxes: 5967
Legal: COM NW COR NE NE SEC 28 S-297.20 S-54 E-1168 TO POB S-100 W-125 N -192.24 S-54 E-155.35 TO POB EXC S
Marketing Name: 3 parcels included
Map Code/Grid: W35
House Number: 19342
Compass: N
Street Name: JOHN WAYNE
St Suffix: Parkway
City/Town Code: Maricopa
State/Province: AZ
Zip Code: 85139
Zip4: 2856
County Code: Pinal
Subdivision: S28 T4S R3E
Assessor Number: 510-28-018-B
Tax Year: 2014
General Property Description
Type of Property: Misc Commercial
Ttl Apx SqFt Bldg: 3050
Ttl Apx Net Rnt Spc: 3050
# of Buildings: 1
Uncvrd Parking Spcs: 6
Year Built: 1973
Zoning: GR
Legal Info
Range: 03E
Section: 28
Township: 04S
Lot Number: 3
Construction
Block: 1
Roofing
Foam: 1
Floors
Concrete: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 4200
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 5967
Operating Exp: 16134
Other Income: 42000
Vacancy Allowance: 0
Adjusted Gross Inc: 42000
Building Type
Commercial: 1
Business Type
Retail: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 14.81
Down Payment: 0
Equity: 215000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Corner Lot: 1
Dual Street Ftg: 1
Storage Yard: 1
Building Sign: 1
Source of Fincl Data
Owner: 1
Fencing
Chain Link: 1
Partial: 1
Water Source
City Franchise: 1
Freeway/Highway
Frontage: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Parking Lot: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Cash to Loan: 1
Special
Estate Sale: 1
Existing 1st Loan
Private: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Non Assumable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Cash
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: John Wayne Pkwy & Edwards Ave
Directions: SW corner of John Wayne Pkwy & Edwards Ave. A-1 Pawn, green building.
Geo Lat: 33.055332
Geo Lon: -112.049484
Status Change Info
Off Market Date: 2015-11-28
Under Contract Date: 2015-10-27
Close of Escrow Date: 2015-11-27
Sold Price: $200,000
Income Expenses
Net Operating Income: 31833
Property Features
Building Type: Commercial
Business Type: Retail
Stories: 1 Story
Construction: Block
Roofing: Foam
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished
Exterior: Corner Lot; Dual Street Ftg; Storage Yard; Building Sign
Fencing: Chain Link; Partial
Parking Features: Free; Parking Lot
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash to Loan
Special: Estate Sale
Source of Fincl Data: Owner
Existing 1st Loan: Private
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Non Assumable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Environmental: None
Listing Office: RE/MAX Solutions
Last Updated: April - 07 - 2026
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