Seller's Agent in 2025
Gregory Shoemaker
Oak Realty
(888) 897-7821
1 in this area
8 Total Sales
--
Bed
--
Bath
7,924
Sq Ft
0.28
Acres
Highlights
- Wood Flooring
- Security Fence
- Multiple Heating Units
- Ducts Professionally Air-Sealed
About This Home
As of November 2025Located in the heart of historic Globe, Arizona, just one block from the highway on Oak and Pine Streets, this 7,924 sq ft mixed-use property offers exceptional potential for investors. Currently home to four diverse storefronts - including a dentist's office, tattoo parlor, beauty salon, and AA recovery center - the property generates a rental income of $59,692. Additionally, it features two fully operational AirBnB units, with the possibility to add three more for even greater return potential. With an attractive 9.38% cap rate, this property is a prime opportunity for investors seeking strong, stable returns. Don't miss your chance to own a piece of Globe's vibrant commercial district! OWNER MAY CARRY!
Last Agent to Sell the Property
Oak Realty License #SA694277000 Listed on: 05/19/2025
Property Details
Property Type
- Other
Year Built
- Built in 1950
Lot Details
- 0.28 Acre Lot
- Security Fence
- Property is zoned Commercial
Home Design
- 7,924 Sq Ft Home
- Composition Roof
- Block Exterior
Flooring
- Wood
- Vinyl
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- Public Parking
- Free Parking
Utilities
- Ducts Professionally Air-Sealed
- Cooling System Mounted To A Wall/Window
- Central Air
- Multiple Heating Units
- Heat Pump System
Listing and Financial Details
- Tax Lot 7
- Assessor Parcel Number 208-03-202
Community Details
Overview
- 2 Buildings
- Globe Townsite Subdivision
Building Details
- Operating Expense $12,133
- Gross Income $71,880
- Net Operating Income $59,692
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 23, 2016
Sold by
Globen Enterprises Inc
Bought by
Hinderberger Carol L and Hinderberger Thomas A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $77,979 | Pioneer Title Agency Inc |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | Sold | $530,000 | -7.0% | $67 / Sq Ft |
| 09/26/2025 09/26/25 | Pending | -- | -- | -- |
| 09/12/2025 09/12/25 | Price Changed | $570,000 | -4.2% | $72 / Sq Ft |
| 08/08/2025 08/08/25 | Price Changed | $595,000 | -0.7% | $75 / Sq Ft |
| 06/20/2025 06/20/25 | Price Changed | $599,000 | -3.4% | $76 / Sq Ft |
| 05/19/2025 05/19/25 | For Sale | $620,000 | -- | $78 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,533 | -- | -- | -- |
| 2024 | $2,533 | $43,574 | $1,919 | $41,655 |
| 2023 | $2,533 | $37,990 | $2,050 | $35,940 |
| 2022 | $2,556 | $29,694 | $2,050 | $27,644 |
| 2021 | $2,684 | $29,694 | $2,050 | $27,644 |
| 2020 | $2,512 | $0 | $0 | $0 |
| 2019 | $2,476 | $0 | $0 | $0 |
| 2018 | $2,389 | $0 | $0 | $0 |
| 2017 | $2,322 | $0 | $0 | $0 |
| 2016 | $2,073 | $0 | $0 | $0 |
| 2015 | $2,033 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gregory Shoemaker
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6868396
APN: 208-03-202
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.
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
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