NOT LISTED FOR SALE

241 W Cottonwood Ln Casa Grande, AZ 85122

-- Bed
-- Bath
15,526 Sq Ft
5 Acres

Last Sold March 12, 2013

Last sale price $330,000 $21 Per Sq Ft

99 Days on Market

Highlights

  • 5 Acre Lot
  • Concrete Flooring
  • Heating Available
  • Central Air

About This Home

As of March 2013

The Esperanza Center is comprised five concrete and steel construction buildings situated on a 5A parcel. Three of buildings are occupied and generating $7500/mo. Tenants include a school, title loan and MVD support business, and a church. The vacant buildings are configured to be an event hall and the other a real estate office with reception and many small private offices. Outside there are large outdoor yards, 2 parking lots with ample parking, and a large undeveloped area for future building or parking. The property is zoned B-2 which allows for many different uses. This property has been priced to sell at less than $24 per building square foot and land at under $1.70/SF. Property requires multiple repairs and is sold as-is. Please DO NOT disturb tenants.

Last Agent to Sell the Property

Geoffrey Adams

Realty ONE Group License #BR627564000 Listed on: 11/20/2012

Last Buyer's Agent

Shelby Brown

Caliber Realty Group, LLC License #SA561468000

Property Details

Property Type

  • Other

Year Built

  • Built in 1971

Lot Details

  • 5 Acre Lot
  • Chain Link Fence
  • Property is zoned B2

Home Design

  • Tilt Up Walls
  • Built-Up Roof
  • Foam Roof

Interior Spaces

  • 15,526 Sq Ft Home
  • Concrete Flooring

Parking

  • 50 Open Parking Spaces
  • 50 Parking Spaces
  • Paved Parking

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 506-11-061

Community Details

Overview

  • 5 Buildings
  • Building Dimensions are -

Building Details

  • Operating Expense $23,578

Property Details

Property Type

Other

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Cross Street: N Pinal Ave & W Cottonwood
  • Legal Info Range: 06E
  • Property Type: Comm/Industry Sale
  • Zoning: B2
  • Number Of Buildings: 5
  • Ownership: Fee Simple
  • Year Built: 1971
  • Tax Year: 2011
  • Directions: From the North exit I-10 at N Pinal Ave and drive south to Cottonwood, left on Cottonwood property is on the right.
  • Lot Size Acres: 5.0
  • Road Surface Type: Asphalt
  • Structure Type: Commercial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 15526.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Tilt-Up
  • Roof: Built-Up, Foam
  • Construction:Tilt-Up: Yes

Garage/Parking

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

Utilities

  • Electric: APS
  • Cooling: Central A/C
  • Heating: Electric
  • Water Source: Private Franchise
  • Heating:Electric: Yes

Lot Info

  • Lot Size: -
  • Lot Size Sq Ft: 217800.0
  • Parcel #: 506-11-061
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 23578.0
  • Vacancy Allowance Rate: 0.5
  • Leasable Area: 15000.0

Tax Info

  • Tax Annual Amount: 23578.0
  • Tax Book Number: 506.00
  • Tax Lot: 61
  • Tax Map Number: 11.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
03/12/2013 03/12/13 Sold $330,000 -10.6% $21 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $369,000 -- $24 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 4852788

Arizona Regional Multiple Listing Service (ARMLS)