$1,700,000
SOLD JUL 18, 2024

304 W Pima St Gila Bend, AZ 85337

-- Bed
-- Bath
4,798 Sq Ft
0.61 Acres

Recently Sold

$354 Per Sq Ft

13% Below List Price

96 Days on Market

Highlights

  • 0.61 Acre Lot
  • Vinyl Flooring
  • 3-minute walk to Community Center Park
  • Central Air

About This Home

As of July 2024

Great Business Opportunity to make series money for a new owner, Mercado de Amigos, a flourishing grocery and butcher shop, is now on the market. This reputable business, located in the heart of Gila Bend, AZ, offers a unique opportunity for investors or entrepreneurs looking to tap into a well-established market. Property has 2 Buildings and a workshop in the back. Business Operations Includes a fully functional grocery store with a focus on Hispanic foods, a butcher shop offering fresh meats, and a variety of household goods as well as a very profitable Money Transfer and Check Cashing business. Potential on Increasing Sales by Adding Liquor.

Last Agent to Sell the Property

Carlos Enriquez

HomeSmart License #SA530819000 Listed on: 06/24/2024

HomeSmart

Last Buyer's Agent

Carlos Enriquez

HomeSmart License #SA530819000 Listed on: 06/24/2024

HomeSmart

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,415

Year Built

  • Built in 1957

Lot Details

  • 0.61 Acre Lot
  • Chain Link Fence
  • Property is zoned B-2

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 4,798 Sq Ft Home
  • Vinyl Flooring

Parking

  • 20 Open Parking Spaces
  • 22 Parking Spaces
  • 2 Covered Spaces
  • Private Parking

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Heat Pump System

Listing and Financial Details

  • Tax Lot B
  • Assessor Parcel Number 403-11-054-B

Community Details

Overview

  • 2 Buildings
  • West Gila Bend Amd Subdivision

Building Details

  • Operating Expense $2,415
  • Gross Income $1,504,532
  • Net Operating Income $473,204

Property Details

Property Type

Other

Est. Annual Taxes

$2,415

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Cross Street: W Pima ST & S Scott Ave
  • Legal Info Range: 5W
  • Property Type: Comm/Industry Sale
  • Zoning: B-2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2023
  • Directions: West on Pima St, Store is on the North West Corner of Pima and Scott Ave
  • Lot Size Acres: 0.61
  • Subdivision Name: WEST GILA BEND AMD
  • Structure Type: Commercial
  • Tax Parcel Letter: B
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Vinyl
  • Living Area: 4798.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 22.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 22.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Central A/C, Wall/Window Unit(s)
  • Heating: Heat Pump
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 26513.0
  • Parcel #: 403-11-054-B
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 1504532.0
  • Property Net Operating Income: 473204.0
  • Annual Operating Expense: 2415.0

Tax Info

  • Tax Annual Amount: 2415.0
  • Tax Book Number: 403.00
  • Tax Lot: B
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2024
Closed on
Jul 18, 2024
Sold by
Cruz Family Trust and Cruz Gerardo
Bought by
Hakam Holdings Llc
Seller's Agent
Carlos Enriquez
HomeSmart
Buyer's Agent
Carlos Enriquez
HomeSmart
List Price
$1,950,000
Sold Price
$1,700,000
Premium/Discount to List
-$250,000
-12.82%
Current Estimated Value
$1,711,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,746
Original Mortgage
$900,000
Outstanding Balance
$893,190
Interest Rate
6.99%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 14, 2007
Sold by
King William G
Bought by
Skinner George and Skinner Emma
Source: Public Records

Range of Values:

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Average Value
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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 $950,000 Arizona Escrow And Financial C
Special Warranty Deed -- Arizona Escrow And Financial C
Warranty Deed -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 Seller Take Back
Previous Owner $64,734 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2024 07/18/24 Sold $1,700,000 -8.1% $354 / Sq Ft
06/24/2024 06/24/24 Price Changed $1,850,000 0.0% $386 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $1,850,000 -5.1% $386 / Sq Ft
12/20/2023 12/20/23 For Sale $1,950,000 -- $406 / 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 $2,387 $29,007 -- --
2024 $2,415 $28,489 -- --
2023 $2,415 $68,000 $20,298 $47,702
2022 $2,459 $66,326 $22,698 $43,628
2021 $2,528 $35,262 $11,916 $23,346
2020 $2,635 $49,626 $8,982 $40,644
2019 $2,555 $50,130 $7,938 $42,192
2018 $1,948 $49,752 $7,938 $41,814
2017 $1,995 $35,208 $7,704 $27,504
2016 $1,561 $33,426 $7,308 $26,118
2015 $1,477 $28,898 $6,605 $22,293
Source: Public Records

Agents Affiliated with this Home

  • Carlos Enriquez

    Seller's Agent in 2024

    Carlos Enriquez

    HomeSmart

    (602) 691-7705

    1 in this area

    46 Total Sales

    Carlos Enriquez
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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6642382

Arizona Regional Multiple Listing Service (ARMLS)

APN: 403-11-054B

Arizona Maricopa County Gila Bend 85337

304 W Pima St, Gila Bend, AZ

This home is located at 304 W Pima St, Gila Bend, AZ 85337 and is currently priced at $1,700,000, approximately $354 per square foot. This property was built in 1957. 304 W Pima St is a home located in Maricopa County with nearby schools including Gila Bend Elementary School and Gila Bend High School.

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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