$185,000
Bisbee, AZ 85603
MLS# 6091478
Status: Closed
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Property Description
Good commercial building located on Bisbee Rd. Zoned M-1 for manufacturing, could also be used for retail or warehouse. ADA compliant, fire alarm, burglar alarm, sprinkler system all installed. Two bathrooms, 4 offices, and large work areas. Seller will carry, to lease purchase, lease, or sell. Currently owned by non-profit that does not pay real estate taxes, 2015 taxes are approximation from county.
Details
Maps
Contract Info
Current Price: $185,000
Sold Price: $185,000
Status: Closed
List Date: 2020-06-16
Ownership: Other (See Remarks)
Subagents: Y
Sub Agent $/%: %
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: C73
House Number: 203
Street Name: BISBEE
St Suffix: Road
Unit #: A
City/Town Code: Bisbee
State/Province: AZ
Zip Code: 85603
Zip4: 1148
Country: USA
County Code: Cochise
Legal Description (Abbrev): AMENDED GRACE GOAR INDUSTRIAL CONDOMINIUMS UNIT A SEC 22 23 24 .113AC
Subdivision: AMENDED GRACE GOAR INDUSTRIAL CONDOMINIUMS
Assessor's Map #: 12
Assessor's Parcel #: 84
Add'l Parcels: No
Assessor Number: 102-12-084
Census Tract: 1100
Legal: AMENDED GRACE GOAR INDUSTRIAL CONDOMINIUMS UNIT A SEC 22 23 24 .113AC
Tax Municipality: Cochise - COUNTY
Taxes: 5479
Tax Year: 2019
General Property Description
Ttl Apx SqFt Bldg: 5384
# of Buildings: 1
Lot Size Dimensions: 101.83 x 49
Year Built: 1940
Uncvrd Parking Spcs: 6
Zoning: M-1
Remarks & Misc
Directions: Highway 80 to Bisbee traffic circle, to Bisbee Rd to address
Geo Lat: 31.422272
Geo Lon: -109.888307
Status Change Info
Status Change Date: 2020-09-16
Off Market Date: 2020-08-03
Under Contract Date: 2020-07-31
Close of Escrow Date: 2020-09-11
Sold Price: $185,000
Legal Info
Lot Number: A
Income & Expenses
Annual Elec Exp: 960
Annual Gas Exp: 600
Annual Ins Exp: 500
Annual Maint Exp: 200
Annual Mgmt Exp: 2907
Annual Trash Exp: 180
Annual Wtr/Swr Exp: 480
Owner Association: No
Annual Rplcmnt Rsrvs: 100
Operating Exp: 11406
Gross Annual Sch Inc: 29074
Adjusted Gross Inc: 29074
Net Operating Income: 24707
Pmt & Rate Info
Down Payment: 37000
Cap Rate: 13.36
Equity: 185000
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: %
Seller Concession $/%: %
Property Features
Building Type: Commercial; Industrial; Office; Manufacturing; Distribution/Warehse; Other (See Remarks)
Current Use: See Remarks
Stories: 1 Story
Construction: Block
Roofing: Concrete
Floors: Concrete
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Natural Gas
Cooling: Central A/C
Loading Facilities: None
Interior: Fire Sprinklers; Alarm System; Public Restrooms; Other (See Remarks)
Fencing: None
Parking: Paved Parking
Electric: 3 Phase Power
Gas: SW Gas
Water: City Franchise
Sewer: Sewer-In & Connected
Showing Notification Methods: Phone Call
Lockbox Type: None
Source of Fincl Data: Projected Proforma
Existing 1st Loan: Treat as Free&Clear
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: Unknown
Reports/Disclosures: Seller Prop Disc Stm
Environmental: None
Listing Office: DiPeso Realty LLC
Last Updated: September - 16 - 2020
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