NOT LISTED FOR SALE

20713 E Ocotillo Rd Unit 101 Queen Creek, AZ 85142

Queen Creek Town Center Neighborhood
-- Bed
-- Bath
9,530 Sq Ft
0.28 Acres Lot

Sale Details

Date Sold: May 26, 2021

Last sale price $2,200,000 $231 Per Sq Ft

41 Days on Market

Highlights

  • Meeting Room
  • Ceiling height between 10 to 12 feet
  • Cooling Available
  • Desert Mountain Elementary School Rated A-
  • Display Windows
  • 1-Story Property

About This Home

As of May 2021

Beautiful two tenant office condo investment in Queen Creek Office Park. Condo has Ocotillo frontage and monument signage. Tenants include medical and office users with solid NNN leases with extension options. Office park is located in bustling downtown Queen Creek. 7.5 CAP. DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Jon Hammond

Keller Williams Integrity First License #SA555889000 Listed on: 02/10/2021

Keller Williams Integrity First

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $24,435

Year Built

  • Built in 2004

Lot Details

  • 12,049 Sq Ft Lot
  • Property is zoned Commercial

Home Design

  • Wood Frame Construction
  • Foam Roof
  • Stucco

Interior Spaces

  • 9,530 Sq Ft Home
  • 1-Story Property
  • Ceiling height between 10 to 12 feet
  • Display Windows

Home Security

  • Security Lights
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 18 Parking Spaces
  • Paved Parking
  • 18 Open Parking Spaces

Utilities

  • Cooling Available
  • Air Source Heat Pump
  • Separate Meters
  • 440 Volts
  • Natural Gas Not Available

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 304-67-704

Community Details

Overview

  • Building Dimensions are IRR
  • Queen Creek Office Park Condominium Subdivision

Amenities

  • Meeting Room
  • Private Restrooms
  • Reception Area

Building Details

  • Operating Expense $47,115
  • Gross Income $216,674
  • Net Operating Income $169,500

Property Details

Property Type

Other

Est. Annual Taxes

$24,435

Year Built

Built in 2004

Lot Details

0.28 Acres

Listing Details

  • Cross Street: Ellsworth Loop and Ocotillo
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2004
  • Tax Year: 2020
  • Lot Size Acres: 0.28
  • Road Surface Type: Asphalt
  • Subdivision Name: QUEEN CREEK OFFICE PARK CONDOMINIUM
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Living Area: 9530.0
  • Stories: 1 Story

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Foam
  • Exterior: Building Sign, Monument Sign, Curb(s) & Gutter(s), Sidewalk(s)

Garage/Parking

  • Parking Features: Open, Paved
  • Attached Garage: No
  • Open Parking Spaces: 18.0
  • Total Parking Spaces: 18.0

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Security: Fire Sprinklers, Smoke Detector(s), Security Light(s)
  • Green Building Features: Conference Room, Reception Room, LAN Compatible Copr, Display Window(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Lot Info

  • Lot Size: IRR
  • Lot Size Sq Ft: 12049.0
  • Parcel #: 304-67-704

Multi Family

  • Annual Gross Income: 216674.0
  • Property Net Operating Income: 169500.0
  • Annual Operating Expense: 47115.0

Tax Info

  • Tax Annual Amount: 24435.0
  • Tax Lot: 101
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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 Prior Sale
05/26/2021 05/26/21 Sold $2,200,000 -2.7% $231 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
02/17/2021 02/17/21 Price Changed $2,259,994 +1.0% $237 / Sq Ft
02/17/2021 02/17/21 Price Changed $2,237,080 -1.3% $235 / Sq Ft
02/12/2021 02/12/21 Price Changed $2,265,547 +1.3% $238 / Sq Ft
02/10/2021 02/10/21 For Sale $2,237,106 +39777.1% $235 / Sq Ft
08/31/2018 08/31/18 Sold $5,610 0.0% $1 / Sq Ft View Prior Sale
06/25/2018 06/25/18 For Sale $5,610 -- $1 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Agents Affiliated with this Home

  • Jon Hammond

    Seller's Agent in 2021

    Jon Hammond

    Keller Williams Integrity First

    (480) 444-7200

    6 Total Sales

    Jon Hammond
    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6192397

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Queen Creek 85142 Queen Creek Town Center

20713 E Ocotillo Rd Unit 101, Queen Creek, 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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