$3,900,000

1232 E Baseline Rd Tempe, AZ 85283

The Lakes Neighborhood

Estimated payment $24,324/month

Total Views 4,143
-- Bed
-- Bath
19,120 Sq Ft
$204 Price per Sq Ft

Highlights

  • 1.41 Acre Lot
  • Elevator
  • Partially Fenced Property
  • Community Kitchen
  • Ceramic Tile Flooring
  • Heat Pump System

About This Home

Off-highway parking in the rear of the building. Eastside personnel doors for 1st or 2nd floor access and for cargo loading.

August 2024 remodeled both 1st and 2nd floor suites for the IT tenant, Cash Flow Management (CFM), left for a larger space.

Seller is a licensed real estate person inactive).
Dbsi Real Estate LLC, related to the building Owner Property has first and second floors available for lease.

Listing Agent

George Howell CCIM

DBSI Real Estate, LLC License #BR011488000 Listed on: 07/04/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $45,470

Year Built

  • Built in 1987

Lot Details

  • 1.41 Acre Lot
  • Partially Fenced Property
  • Block Wall Fence
  • Property is zoned C-C

Home Design

  • 19,120 Sq Ft Home
  • Tilt Up Walls
  • Tile Roof
  • Built-Up Roof
  • Block Exterior

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Vinyl

Parking

  • 67 Open Parking Spaces
  • 96 Parking Spaces
  • Public Parking
  • 29 Covered Spaces
  • Free Parking
  • Paved Parking

Utilities

  • Heat Pump System
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 133-38-003-G

Community Details

Overview

  • Building Dimensions are 203 x 355 x 208 x 300
  • Lake Country Estates Unit 1 Subdivision

Amenities

  • Community Kitchen
  • Meeting Room
  • Elevator
  • Reception Area

Building Details

  • Operating Expense $160,470
  • Gross Income $85,000

Property Details

Property Type

Other

Est. Annual Taxes

$45,470

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: Lakeshore Drive & Baseline (nr Rural)
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: C-C
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Stories: 2
  • Year Built: 1987
  • Tax Year: 2024
  • Lot Size Acres: 1.41
  • Subdivision Name: LAKE COUNTRY ESTATES UNIT 1
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: G
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Ceramic Tile, Vinyl, Concrete
  • Living Area: 19120.0

Exterior Features

  • Fencing: Block, Partial
  • Disclosures: None
  • Construction Type: Tilt-Up, Block
  • Roof: Tile, Built-Up
  • Construction:Block: Yes
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Total Covered Spaces: 29.0
  • Parking Features: Parking Lot, Paved, Free
  • Attached Garage: No
  • Open Parking Spaces: 67.0
  • Total Parking Spaces: 96.0
  • General Property Description:Covered Parking Spcs: 29.0
  • General Property Description:Uncvrd Parking Spcs: 67.0
  • General Property Description:Total Parking Spcs: 96.0
  • Parking Features Paved Parking: Yes
  • Parking Features Free: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: Master Meter, Underground, APS
  • Cooling: See Remarks
  • Heating: Heat Pump
  • Green Building Features: Public Elevator(s), Conference Room, Reception Room, Kitchen, Fiber Optic Availble
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes
  • Electric Master Meter: Yes

Lot Info

  • Lot Size: 203 x 355 x 208 x 300
  • Lot Size Sq Ft: 61202.0
  • Parcel #: 133-38-003-G

Multi Family

  • Annual Gross Income: 85000.0
  • Annual Operating Expense: 160470.0
  • Leasable Area: 18022.0

Tax Info

  • Tax Annual Amount: 45470.0
  • Tax Book Number: 133.00
  • Tax Lot: 1
  • Tax Map Number: 38.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $48,653 $405,915 -- --
2024 $44,922 $386,586 -- --
2023 $44,922 $585,990 $128,925 $457,065
2022 $43,090 $505,515 $90,975 $414,540
2021 $43,388 $500,325 $90,975 $409,350
2020 $42,071 $500,430 $93,780 $406,650
2019 $41,273 $477,585 $83,775 $393,810
2018 $40,248 $460,230 $77,025 $383,205
2017 $39,050 $358,875 $71,310 $287,565
2016 $38,775 $328,290 $63,105 $265,185
2015 $39,725 $293,904 $47,296 $246,608
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/04/2025 07/04/25 For Sale $3,900,000 -- $204 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Cash Sale Deed $1,420,000 First American Title Ins Co
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6888577

Arizona Regional Multiple Listing Service (ARMLS)

APN: 133-38-003G

Arizona Maricopa County Tempe 85283 The Lakes

1232 E Baseline Rd, Tempe, AZ

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes
George Howell CCIM
Listing Agent
George Howell CCIM
Section Image
DBSI Real Estate, LLC
(602) 448-0840