Craig Bennett
Russ Lyon Sotheby's International Realty
(623) 253-8583
51 Total Sales
1 in Globe
$730,000 Price
140 W Oak St Globe, AZ 85501
Globe Area
Studio
--
Baths
7,924
Sq Ft
0.28
Acre Lot
Highlights
- Wood Flooring
- Security Fence
- Multiple Heating Units
- Central Air
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
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Property Details
Property Type
- Other
Year Built
- Built in 1950
Lot Details
- 12,183 Sq Ft 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2025
Closed on
Oct 30, 2025
Sold by
Hinderberger Carol L and Hinderberger Thomas A
Bought by
Seller's Agent
Gregory Shoemaker
Oak Realty
Buyer's Agent
Gregory Shoemaker
Oak Realty
List Price
$620,000
Sold Price
$530,000
Premium/Discount to List
-$90,000
-14.52%
Views
19
Purchase Details
Closed on
Mar 23, 2016
Sold by
Globen Enterprises Inc
Bought by
Hinderberger Carol L and Hinderberger Thomas A
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Globe, AZ
-
Craig Bennett
-
Neil Blindauer
Neil Blindauer
DeLex Realty
(480) 712-9548
10 Total Sales
1 in Globe
$235,000 Price
-
Guy Pfister
Guy Pfister
DeLex Realty
(928) 492-5969
83 Total Sales
1 in Globe
$100,000 Price
-
Andrea Garcia
Andrea Garcia
Responds QuicklyKeller Williams Realty Sonoran Living
(623) 900-1696
266 Total Sales
4 in Globe
$46K - $215K Price Range
-
Susana Diaz
Susana Diaz
West USA Realty
(623) 253-8440
38 Total Sales
1 in Globe
$74,000 Price
-
Shane Peck
Shane Peck
HomeSmart
(855) 561-0549
43 Total Sales
12 in Globe
$165K - $375K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $530,000 | Pioneer Title | ||
| Hinderberger Carol L | $77,979 | Pioneer Title Agency Inc |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,562 | $53,163 | $1,467 | $51,696 |
| 2025 | $2,562 | -- | ||
| 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
Seller's Agent in 2025
Gregory Shoemaker
Oak Realty
(888) 897-7821
12 Total Sales
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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