NOT LISTED FOR SALE

1930 S Alma School Rd Unit A115 Mesa, AZ 85210

Dobson Neighborhood

Estimated Value: $6,386,342

-- Bed
-- Bath
71,921 Sq Ft
$89/Sq Ft Est. Value

Last Sold October 15, 2023

Last sale price $1,194 $0 Per Sq Ft

Est. 534,770% increase in value since last sale

Current estimated payment $41,408/month

109 Days on Market

Highlights

  • 4.53 Acre Lot
  • Cooling Available
  • Heating Available
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of October 2023

*Office Sublease Available*Located in Mesa Commerce Center*First Floor Suite*Approximately 868 SF*Lease Rate: $16.50 Modified Gross ($1,194.00/month)*Tenant is responsible for providing janitorial services*Plentiful Parking*NWC of Alma School Rd & Baseline Rd in Mesa*Centrally located - near business and retail amenities*Minutes from US 60 and easy access to Loop 101

Last Agent to Sell the Property

Grafton Milne

The Menlo Group Commercial Real Estate License #BR584594000 Listed on: 06/27/2023

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Year Built

  • Built in 1981

Lot Details

  • 4.53 Acre Lot
  • Property is zoned LC

Home Design

  • 71,921 Sq Ft Home

Parking

  • 50 Open Parking Spaces
  • 75 Parking Spaces
  • 25 Covered Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Baseline Commercial No. 2 Subdivision

Listing and Financial Details

  • Property Available on 6/27/23
  • Tax Lot 1
  • Assessor Parcel Number 134-26-571

Property Details

Property Type

Other

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Alma School Rd & Baseline Rd
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Lease
  • Zoning: LC
  • Lease Info Annual Lease Price: 14322.0
  • Lease Info Annual Lse Prc P S F: 16.5
  • Lease Info Base Rent Escalation: No
  • Lease Info Lease Year Min Max: Negotiable
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 868
  • Year Built: 1981
  • Tax Year: 2022
  • Lot Size Acres: 4.53
  • Subdivision Name: BASELINE COMMERCIAL NO. 2
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 71921.0

Exterior Features

  • Disclosures: Other (See Remarks)
  • Construction Type: Other
  • Roof: Other

Garage/Parking

  • Total Covered Spaces: 25.0
  • Parking Features: Paved
  • Attached Garage: No
  • Open Parking Spaces: 50.0
  • Total Parking Spaces: 75.0
  • General Property Description:Covered Parking Spcs: 25.0
  • General Property Description:Uncvrd Parking Spcs: 50.0
  • General Property Description:Total Parking Spcs: 75.0
  • Parking Features:Paved: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 197380.0
  • Additional Parcels: No
  • Parcel #: 134-26-571
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2023-06-27

Multi Family

  • Owner Pays: Other
  • Existing Lease Type: Gross, Modified Terms
  • Leasable Area: 868.0

Tax Info

  • Tax Annual Amount: 71987.0
  • Tax Book Number: 134.00
  • Tax Lot: 1
  • Tax Map Number: 26.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2021
Sold by
Cdkt Llc
Bought by
Cordova Investment Partners Llc
Total Days on Market
109
Current Estimated Value
$6,386,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,292,804
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$4,157,710

Purchase Details

Closed on
Feb 6, 1998
Sold by
Didonato Cesidio P and Didonato Maria
Bought by
Peel Robert L and Peel Grace E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,700
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 1996
Sold by
American Mutual Life Insurance Company
Bought by
Cdkt Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cordova Investment Partners Llc $5,852,000 Landmark Ttl Assurance Agcy
Peel Robert L $110,000 Capital Title Agency
Cdkt Llc $3,400,000 Stewart Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordova Investment Partners Llc $2,500,000
Previous Owner Cdkt L L C $2,400,000
Previous Owner Peel Robert L $99,700
Previous Owner Cdkt Llc $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2023 10/15/23 Sold $1,194 0.0% $0 / Sq Ft
06/27/2023 06/27/23 For Sale $1,194 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

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 $68,745 $679,128 -- --
2024 $71,407 $667,001 -- --
2023 $71,407 $1,414,536 $373,473 $1,041,063
2022 $71,987 $912,555 $240,485 $672,070
2021 $74,948 $914,706 $247,356 $667,350
2020 $73,971 $913,320 $242,244 $671,076
2019 $69,111 $820,314 $213,624 $606,690
2018 $66,332 $721,944 $242,316 $479,628
2017 $64,354 $669,960 $224,370 $445,590
2016 $63,159 $568,674 $200,322 $368,352
2015 $61,010 $511,341 $146,983 $364,358
Source: Public Records

Agents Affiliated with this Home

  • Grafton Milne

    Seller's Agent in 2023

    Grafton Milne

    The Menlo Group Commercial Real Estate

    (480) 659-1777

    1 in this area

    17 Total Sales

    Grafton Milne
    Section Image

  • N

    Buyer's Agent in 2023

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6573744

Arizona Regional Multiple Listing Service (ARMLS)

APN: 134-26-571

Arizona Maricopa County Mesa 85210 Dobson

1930 S Alma School Rd Unit A115, Mesa, AZ

This home is located at 1930 S Alma School Rd Unit A115, Mesa, AZ 85210 since 27 June 2023 and is currently estimated at $6,386,342, approximately $88 per square foot. This property was built in 1981. 1930 S Alma School Rd Unit A115 is a home located in Maricopa County with nearby schools including Franklin at Brimhall Elementary School, Washington Elementary School, and Franklin Accelerated Academy Jordan Campus.

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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