$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 incluses three buildings as follows: a former gas station, an autoservice building and a warehouse. Income per month is $5,100 per month, opportunity to bring rents up to market. Five tenants at the property in three buildings plus land possible storage yard (~7,800 sq/ft). 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: 9540
Tax Year: 2021
General Property Description
Type of Property: Commercial Industrial
Approx SQFT: 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: 2021-09-25
UCB or CCBS: UCB (Under Contract-Backups)
Legal Info
Lot Number: B
Bay Info
# of Bays: 3
Income & Expenses
Owner Association: No
Operating Exp: 9540
Gross Annual Sch Inc: 61200
Adjusted Gross Inc: 61200
Net Operating Income: 46800
Pmt & Rate Info
Cap Rate: 7.55
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: Sewer - Public
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: September - 25 - 2021

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

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