$1,470,000
2423 E Apache Boulevard, -
Tempe, AZ 85288
MLS# 5839248
Status: Closed



2423 E Apache Boulevard, -, Tempe, AZ 85288
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2423 E Apache Boulevard, -, Tempe, AZ 85288 2423 E Apache Boulevard, -, Tempe, AZ 85288 2423 E Apache Boulevard, -, Tempe, AZ 85288 2423 E Apache Boulevard, -, Tempe, AZ 85288

Property Description
*Multi-Family Development Opportunity* This property is close to the Price Freeway and only steps away from the Price/101 Station of the Light Rail. It has been previously occupied as a retail flower shop and has great potential for a new development of apartment or flex buildings. With the property being only a 4 mile Light Rail ride from ASU, 1 1/2 miles from Mesa Community College and Banner Desert Medical Center it can suit various business opportunities

Details
Maps
Contract Information
Current Price: $1,470,000
Sold Price: $1,470,000
Status: Closed
List Date: 2018-10-26
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: R38
House Number: 2423
Compass: E
Street Name: Apache
St Suffix: Boulevard
Lot #: -
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85288
Country: USA
County Code: Maricopa
Assessor's Map #: 35
Assessor's Parcel #: 34
Assessor Parcel Ltr: C
Add'l Parcels: No
Assessor Number: 134-35-034-C
Legal Description (Abbrev): TH POR SW4 SEC 19 DAF COM AT NW COR SW4 SD SEC 19 TH E 1598F TH S 50F TO POB TH CONT S 163.76F TH E
Census Tract: 319300
Tax Municipality: Tempe
Taxes: 6898
Tax Year: 2018
General Property Description
Apx Total Acres: 0.95
Apx Total Acres G/N: G
Price Per Acre: 1526315.79
Apx SqFt: 41460
Price Per SqFt: 34.97
Apx SqFt G/N: G
Lot Size Dimensions: IRR
Zoning: Commercial
Remarks & Misc
Cross Street: Price Freeway & Apache Blvd
Directions: On SW corner of Price Road and Apache Boulevard
Geo Lat: 33.414423
Geo Lon: -111.886223
Status Change Info
Status Change Date: 2022-06-10
Off Market Date: 2022-05-05
Under Contract Date: 2022-04-27
Close of Escrow Date: 2022-06-09
Sold Price: $1,470,000
Legal Info
Township: 1N
Range: 5E
Section: 19
Lot Number: -
Pmt & Rate Info
Equity: 1450000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Contact Info
List Agent Home Phn: 602-451-3684
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Existing Land Use: Commercial Acreage
Zoned Presently: Multi-Family; Commercial
Potential Use: Multi-Family; Commercial
Parcel Size: .50 - .99 Acres
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: None
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
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 Other Loan: Not Applicable
New Financing: CTL; Conventional
Reports/Disclosures: None
Environmental: None
Lockbox Type: None

Listing Office: LRA Real Estate Group, LLC

Last Updated: February - 17 - 2023

2423 E Apache Boulevard, -, Tempe, AZ 85288 - MLS# 5839248
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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