NOT LISTED FOR SALE

15276 W Jimmie Kerr Blvd Unit 3-6 Casa Grande, AZ 85122

-- Bed
-- Bath
12,200 Sq Ft
2 Acres

Last Sold May 20, 2014

Last sale price $550,000 $45 Per Sq Ft

71 Days on Market

Highlights

  • Gated Community
  • Skylights
  • Concrete Flooring
  • 2 Acre Lot
  • Security Fence

About This Home

As of May 2014

INVESTMENT PROPERTY. 50% of the building has new 10 yr lease with established auto repair business. Lease increases by 5% for years 5-10. ACTUAL NOI is $45,364.50 with 37% vacancy (7.75% CAP Actual). Pro-forma NOI is $74,939.50 (12.8% CAP). Great upside! Light industrial commercial property +/- 6,100 SF available for lease at $6.50/SF NNN. Lease space can be split into 3 separate bays. Heavy traffic location with great visibility. 3-phase power throughout. Evaporative cooled and gas heated warehouse with office space. Expenses (NNN's) are $1.13/SF (Taxes and property insurance) Tenants carry their own liability and contents insurance and pay for utilities. Building has 4 separate power meters.

Last Agent to Sell the Property

Jon Hammond

Keller Williams Realty Sonoran Living License #SA555889000 Listed on: 02/06/2014

Keller Williams Realty Sonoran Living

Last Buyer's Agent

L.D. Hawkins

Hawkins & Associates Realty, Inc. License #BR548386000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $11,994

Year Built

  • Built in 1992

Lot Details

  • 2 Acre Lot
  • Security Fence
  • Property is zoned CI-1

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • 12,200 Sq Ft Home
  • Skylights
  • Concrete Flooring

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Utilities

  • Heating System Uses Natural Gas
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 505-34-007-A

Community Details

Building Details

  • Operating Expense $11,994
  • Net Operating Income $74,940

Security

  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$11,994

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Cross Street: Jimmie Kerr Blvd (HWY 84) and Trekell Rd
  • Legal Info Range: 06E
  • Property Type: Comm/Industry Sale
  • Zoning: CI-1
  • Bay Info Bay Door Height: 12.0
  • Current Use: Service Business, Automobile, Warehouse
  • Number Of Buildings: 1
  • Year Built: 1992
  • Tax Year: 2013
  • Directions: From Trekell, Southeast on Jimmie Kerr Blvd (HWY 84) to property on North side of Road. From I-10, West to property between Peart and Trekell Rd on North side.
  • Lot Size Acres: 2.0
  • Road Surface Type: Asphalt
  • Structure Type: Commercial, Industrial, Manufacturing, Distribution/Warehse
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Security
  • Construction Type: Metal Siding
  • Roof: Metal
  • Construction:Metal: Yes

Garage/Parking

  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks), 3 Phase Power, Over 220 Amp, Individual Meter, APS
  • Cooling: Warehouse Evap, Office A/C
  • Heating: Natural Gas
  • Green Building Features: Skylight(s), Security Gate
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Sewer Septic Tank: Yes
  • Heating:Warehouse Heated: Yes

Association/Amenities

  • Amenities:Skylight(s)2: Yes
  • Amenities:Security Gate: Yes

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Additional Parcels: No
  • Parcel #: 505-34-007-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 74939.5
  • Annual Operating Expense: 11994.0
  • Leasable Area: 12200.0

Tax Info

  • Tax Annual Amount: 11994.0
  • Tax Book Number: 505.00
  • Tax Lot: 0
  • Tax Map Number: 34.00

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2014 05/20/14 Sold $550,000 -31.2% $45 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $799,000 -- $65 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jon Hammond

    Seller's Agent in 2014

    Jon Hammond

    Keller Williams Realty Sonoran Living

    (480) 444-7200

    3 in this area

    26 Total Sales

    Jon Hammond
    Section Image
  • L.D. Hawkins

    Buyer's Agent in 2014

    L.D. Hawkins

    Hawkins & Associates Realty, Inc.

    (520) 466-8011

    26 in this area

    295 Total Sales

    L.D. Hawkins
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5065935

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Pinal County Casa Grande 85122

15276 W Jimmie Kerr Blvd Unit 3-6, Casa Grande, AZ

This home is located at 15276 W Jimmie Kerr Blvd Unit 3-6, Casa Grande, AZ 85122 since 06 February 2014. This property was built in 1992. 15276 W Jimmie Kerr Blvd Unit 3-6 is a home located in Pinal County with nearby schools including Palo Verde School, Villago Middle School, and St Anthony of Padua School.

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

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