$620,000
824 N 1ST Street
Buckeye, AZ 85326
MLS# 6293343
Status: UCB (Under Contract-Backups)
8176 sqft


824 N 1ST Street, Buckeye, AZ 85326
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Property Description
Rare opportunity to purchase a 100% occupied Industrial property. The subject property includes three buildings as follows: a former gas station, an auto service building and a warehouse building. Income per month is estimated at $5,000 per month. Opportunity to bring up rent. Please call listing agent to discuss. Currently six tenants at the property in three buildings. These types of properties do not come to market very often. Buyer to verify all measurments, facts, figures. Property to be sold AS-IS. Three parcels in the sale - 400-19-011A, 400-19-007B, 400-19-007D. Please include language in offer. Please call, text, or email listing agent for tour or questions.

Details
Maps
Contract Info
Current Price: $620,000
List Price: $620,000
Status: UCB (Under Contract-Backups)
List Date: 2021-09-13
Ownership: Fee Simple
Location, Tax & Legal
Map Code/Grid: R24
House Number: 824
Compass: N
Street Name: 1ST
St Suffix: Street
City/Town Code: Buckeye
State/Province: AZ
Zip Code: 85326
Zip4: 1800
Country: USA
County Code: Maricopa
Assessor's Map #: 19
Assessor's Parcel #: 7
Assessor Parcel Ltr: B
Add'l Parcels: Yes
Assessor Number: 400-19-007-B
Legal: 1
Tax Municipality: Maricopa - COUNTY
Taxes: 11557.5
Tax Year: 2021
General Property Description
Type of Property: Commercial Industrial
Ttl Apx SqFt Bldg: 8176
# of Buildings: 3
Year Built: 1953
Uncvrd Parking Spcs: 24
Zoning: GC (General Com
Flood Zone: TBD
Remarks & Misc
Cross Street: I-10 and Baseline Buckeye Arizona
Directions: I-10 then south on MIller.
Geo Lat: 33.376294
Geo Lon: -112.590341
Status Change Info
Status Change Date: 2021-11-12
UCB or CCBS: UCB (Under Contract-Backups)
Legal Info
Lot Number: B
Bay Info
# of Bays: 3
Income & Expenses
Owner Association: No
Annual Other Expense: 7488
Operating Exp: 19045.5
Gross Annual Sch Inc: 60000
Adjusted Gross Inc: 60000
Net Operating Income: 40915
Pmt & Rate Info
Cap Rate: 6.6
Equity: 620000
Property Features
Building Type: Commercial; Industrial; Distribution/Warehse; Other (See Remarks)
Current Use: Mixed Use; Automobile; Warehouse; Retail; Wholesale; Food Service; See Remarks
Stories: 1 Story
Construction: Metal
Roofing: Metal
Floors: Concrete
Ceiling Height: 8 Feet or Less; 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet
Cooling: Central A/C
Loading Facilities: None
Interior: Finished
Fencing: Chain Link
Parking: Paved Parking
Electric: APS
Gas: Other (See Remarks)
Water: City Franchise
Sewer: Septic Tank
Freeway/Highway: 2.1 - 5 Miles
Railroad: Railroad 1 - 5 Miles
Owner Wants: Cash Only; Cash to Loan
Source of Fincl Data: Provided by Owner
Reports/Disclosures: None
Environmental: None

Listing Office: Realty ONE Group

Last Updated: November - 29 - 2021

824 N 1ST Street, Buckeye, AZ 85326 - MLS# 6293343

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