$6,850,000
SOLD DEC 30, 2024
-- Bed
-- Bath
41,726 Sq Ft
2.43 Acres

Recently Sold

$164 Per Sq Ft

3% Below List Price

82 Days on Market

About This Home

As of December 2024

±41,725 SF industrial building comprised of ±34,066 SF of warehouse and ±7,659 SF of office/retail space. Clear heights range from 14'8'' up to 17'11'' and are fire sprinklered. The ±2.43 AC lot is zoned heavy industrial (A-2) and conveniently located on the southwest corner of 22nd Ave & Grand Ave, less than half a mile from Interstate-10 and Interstate-17.

Last Agent to Sell the Property

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 11/01/2024

Co-Listed By

Jake Vice

R.O.I. Properties License #SA697209000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $36,210

Year Built

  • Built in 1960

Lot Details

  • 2.43 Acre Lot
  • Property is zoned A-2

Home Design

  • 41,726 Sq Ft Home

Parking

  • 45 Open Parking Spaces
  • 45 Parking Spaces

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 110-51-029-B

Property Details

Property Type

Other

Est. Annual Taxes

$36,210

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Cross Street: Mcdowell & 22nd Ave
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: A-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1960
  • Tax Year: 2023
  • Directions: From Grand Ave (US 60), head southwest, turn left on W McDowell Rd, right on N 21st Ave, left on W Almeria Rd, then right on N 22nd Ave. 2022 N 22nd Ave Rear is on the right.
  • Lot Size Acres: 2.43
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Structure Type: Commercial, Industrial
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 41726.0

Exterior Features

  • Fencing: Other
  • Disclosures: Other (See Remarks)
  • Construction Type: Other
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Other
  • Attached Garage: No
  • Open Parking Spaces: 45.0
  • Total Parking Spaces: 45.0
  • General Property Description:Uncvrd Parking Spcs: 45.0
  • General Property Description:Total Parking Spcs: 45.0

Utilities

  • Electric: Other (See Remarks)
  • Cooling: See Remarks
  • Heating: See Remarks
  • Green Building Features: Other (See Remarks)
  • Water Source: Other

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 105884.0
  • Parcel #: 110-51-029-B

Tax Info

  • Tax Annual Amount: 36210.0
  • Tax Book Number: 110.00
  • Tax Lot: 1
  • Tax Map Number: 51.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Dec 21, 2024
Sold by
Dorclair Investment Llc
Bought by
Cec Property Llc
Seller's Agent
Beth Jo Zeitzer
R.O.I. Properties
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$7,030,000
Sold Price
$6,850,000
Premium/Discount to List
-$180,000
-2.56%
Current Estimated Value
$6,858,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,831
Avg. Annual Appreciation
0.27%
Original Mortgage
$2,805,000
Outstanding Balance
$2,797,757
Interest Rate
6.78%
Estimated Equity
$4,061,074

Purchase Details

Closed on
Sep 16, 2016
Sold by
Behboodi Dean and Behboodi Farideh
Bought by
Dorclair Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,027,000
Interest Rate
3.43%
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 Type Sale Price Title Company
Special Warranty Deed $6,850,000 Stewart Title & Trust Of Phoen
Special Warranty Deed $6,850,000 Stewart Title & Trust Of Phoen
Special Warranty Deed $1,575,000 Clear Title Agency Of Az Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,805,000 No Value Available
Closed $2,805,000 No Value Available
Closed $3,483,500 New Conventional
Previous Owner $2,189,987 Commercial
Previous Owner $1,027,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $6,850,000 -2.6% $164 / Sq Ft
11/01/2024 11/01/24 Price Changed $7,030,000 0.0% $168 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $7,030,000 -- $168 / 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 $35,490 $257,340 -- --
2024 $36,210 $252,744 -- --
2023 $36,210 $512,533 $78,370 $434,163
2022 $35,951 $393,943 $68,880 $325,063
2021 $36,699 $391,302 $70,848 $320,454
2020 $37,123 $343,602 $68,778 $274,824
2019 $37,062 $324,450 $55,548 $268,902
2018 $36,430 $292,572 $61,722 $230,850
2017 $35,583 $257,508 $64,296 $193,212
2016 $34,563 $201,204 $60,084 $141,120
2015 $32,869 $182,670 $58,627 $124,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6711445

Arizona Regional Multiple Listing Service (ARMLS)

APN: 110-51-029B