NOT LISTED FOR SALE

1811 E Apache Blvd Unit 114 Tempe, AZ 85281

Apache Neighborhood

Estimated Value: $124,464,088

-- Bed
-- Bath
570,052 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 01, 2024

Last sale price $2,400 $0 Per Sq Ft

Est. 5,185,904% increase in value since last sale

Current estimated payment $775,932/month

215 Days on Market

Highlights

  • 4.26 Acre Lot
  • 2-minute walk to Mcclintock Dr/Apache Blvd
  • Heat Pump System
  • Central Air
  • Carpet

About This Home

As of December 2024

Incredible opportunity to open a retail location along the light rail (across the street from the McClintock/Apache station) on the bottom floor of a 408-unit apartment complex. Property has four suites for immediate occupancy with excellent frontage along Apache Blvd and McClintock Rd. Plenty of FREE parking on site with ease of access from the parking garage. Clients will not have to pay to park nor have trouble finding your suite. Perfect for a drink user, professional services, fitness studio, art gallery, entertainment users, recreational users, and so much more.

Last Agent to Sell the Property

Don Mortensen

LRA Real Estate Group, LLC License #BR529840000 Listed on: 02/22/2024

Co-Listed By

Bryan Mortensen

LRA Real Estate Group, LLC License #BR648243000

Last Buyer's Agent

David Zhao

Dr Win Realty LLC License #BR671960000

Property Details

Property Type

  • Other

Year Built

  • Built in 2008

Lot Details

  • 4.26 Acre Lot
  • Additional Parcels
  • Property is zoned MU-4

Home Design

  • 570,052 Sq Ft Home
  • Wood Frame Construction
  • Tile Roof
  • Built-Up Roof
  • Metal Siding

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • 5 Covered Spaces
  • Private Parking
  • Free Parking
  • Community Parking Structure

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Mcclintock And Apache Park And Ride Subdivision

Listing and Financial Details

  • Property Available on 2/21/24
  • Tenant pays for trash collection, electricity, water, sewer, contents insurance, glass insurance, liability insurance, janitorial service, common area maintenance, capital improvements, parking area maint, taxes
  • Tax Lot 1
  • Assessor Parcel Number 133-04-014-A

Property Details

Property Type

Other

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Cross Street: McClintock Rd & Apache Blvd.
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: MU-4
  • Lease Info Annual Lease Price: 30000.0
  • Lease Info Annual Lse Prc P S F: 25.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3-10
  • Lease Info Space Divisible: No
  • Year Built: 2008
  • Tax Year: 2023
  • Lot Size Acres: 4.26
  • Co List Office Mls Id: lreg001
  • Co List Office Phone: 480-526-5644
  • Subdivision Name: MCCLINTOCK AND APACHE PARK AND RIDE
  • Structure Type: Other (See Remarks)
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpet, Vinyl
  • Living Area: 570052.0

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Frame - Wood, Metal Siding
  • Roof: Tile, Built-Up
  • Construction:Metal: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • Total Covered Spaces: 5.0
  • Parking Features: Private Parking, Parking Structure, Free
  • Attached Garage: No
  • Total Parking Spaces: 5.0
  • General Property Description:Covered Parking Spcs: 5.0
  • General Property Description:Total Parking Spcs: 5.0
  • Parking:Free: Yes
  • Parking:Private Parking: Yes
  • Tenant Pays:Parking Area Maint: Yes
  • Parking:Parking Structure: Yes

Utilities

  • Electric: SRP
  • Cooling: Heat Pump, Central A/C
  • Heating: Heat Pump, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 185582.0
  • Additional Parcels: Yes
  • Parcel #: 133-04-014-A
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2024-02-21

Multi Family

  • Owner Pays: None
  • Tenant Pays: Trash Collection, Electricity, Water, Sewer, Contents Insurance, Glass Insurance, Liability Insurance, Janitorial Service, Common Area Maintenance, Capital Improvements, Parking Area Maint, Taxes
  • Existing Lease Type: NNN
  • Leasable Area: 1200.0

Tax Info

  • Tax Annual Amount: 507693.0
  • Tax Book Number: 133.00
  • Tax Lot: 1
  • Tax Map Number: 4.00

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 List to Sale Price per Sq Ft
12/01/2024 12/01/24 Sold $2,400 -4.0% $0 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $2,500 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Don Mortensen

    Seller's Agent in 2024

    Don Mortensen

    LRA Real Estate Group, LLC

    (480) 526-5644

    6 in this area

    118 Total Sales

    Don Mortensen
    Section Image
  • Bryan Mortensen

    Seller Co-Listing Agent in 2024

    Bryan Mortensen

    LRA Real Estate Group, LLC

    (602) 509-4835

    1 in this area

    95 Total Sales

    Bryan Mortensen
    Section Image

  • D

    Buyer's Agent in 2024

    David Zhao

    Dr Win Realty LLC

    (480) 285-3660

    1 in this area

    52 Total Sales

    David Zhao
    Section Image
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6667069

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Tempe 85281 Apache

1811 E Apache Blvd Unit 114, Tempe, AZ

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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