$900,000
Phoenix, AZ 85033
MLS# 6407330
Status: Closed
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Property Description
Commercially zoned property with a high-volume auto transmission repair business! Huge 3000 sq. ft. .block construction building with five lifts, high visibility location, and state-of-the-art equipment. This opportunity offers a turn-key operation for a new operator to acquire the building and ongoing business with all equipment and customer base in place!!
Details
Maps
Contract Info
Current Price: $900,000
Sold Price: $900,000
Status: Closed
List Date: 2022-05-25
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: P31
House Number: 4020
Compass: N
Street Name: 75TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85033
Zip4: 3727
Country: USA
County Code: Maricopa
Legal Description (Abbrev): MARYVALE TERRACE 28 MCR 92-30 PT TR A DAF BEG NE COR SEC 26 2N 1E TH S 384.72F W 65F TO TPOB S 80.61
Subdivision: MARYVALE TERRACE 28 LOTS 11349-11374 & TR B
Assessor's Map #: 62
Assessor's Parcel #: 145
Assessor Parcel Ltr: M
Add'l Parcels: No
Assessor Number: 102-62-145-M
Census Tract: 109704
Legal: MARYVALE TERRACE 28 MCR 92-30 PT TR A DAF BEG NE COR SEC 26 2N 1E TH S 384.72F W 65F TO TPOB S 80.61
Tax Municipality: Phoenix
Taxes: 16744
Tax Year: 2021
General Property Description
Ttl Apx SqFt Bldg: 3361
# of Buildings: 1
Year Built: 2000
Uncvrd Parking Spcs: 10
Zoning: CC, C-2
Remarks & Misc
Cross Street: 75th Ave and Indian School
Directions: S on 75th St from Indian School, property on W side of the street.
Geo Lat: 33.493474
Geo Lon: -112.221198
Status Change Info
Status Change Date: 2023-05-05
Off Market Date: 2023-03-23
Under Contract Date: 2023-03-23
Close of Escrow Date: 2023-05-05
Sold Price: $900,000
Legal Info
Township: 2N
Range: 1E
Section: 26
Income & Expenses
Owner Association: No
Operating Exp: 16744
Gross Annual Sch Inc: 400000
Adjusted Gross Inc: 400000
Net Operating Income: 300000
Pmt & Rate Info
Cap Rate: 24
Equity: 1250000
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial
Current Use: Automobile
Stories: 1 Story
Construction: Frame - Wood; Brick; Other (See Remarks)
Roofing: Built-Up; Other (See Remarks)
Floors: Concrete
Ceiling Height: 16.1 Feet to 28 Feet
Heating: See Remarks
Cooling: See Remarks
Loading Facilities: Other (See Remarks)
Interior: Finished to Suit
Fencing: Chain Link; Wire
Amenities: Other (See Remarks)
Parking: Fenced
Electric: APS
Gas: Other (See Remarks)
Water: City Franchise
Sewer: Sewer - Public
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Reports/Disclosures: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: Paul McComb Realty
Last Updated: May - 05 - 2023
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