NOT LISTED FOR SALE

3930 S Alma School Rd Unit 3&8 Chandler, AZ 85248

Ocotillo Neighborhood
-- Bed
-- Bath
13,748 Sq Ft
1,321 Sq Ft Lot

Last Sold January 31, 2020

Last sale price $1,260,000 $92 Per Sq Ft

18 Days on Market

About This Home

As of January 2020

• 2-Tenant Medical Investment Sale
• $1,278,000 ($342.72 PSF)
• Located within The Fountains at Ocotillo, a 48,000 SF professional office condo plaza
• Total Size: Approximately 3,729 SF
• Suite 3: 2,401 SF Occupied by Physical Therapist Tenant with 7-Year Lease Term & Suite 8: 1,328 SF Occupied by Dermatologist with 4-Year Lease Term
• NNN Leases with 3% Annual Increases
• Plentiful Parking, Building Signage & Beautiful Landscaping
• Centrally Located to Nearby Shopping and Dining, Including the Ocotillo Golf Club, and Chandler Regional Hospital
• Easy Access to Loop 202
• Year Built: 2005

Last Agent to Sell the Property

Tanner Milne

The Menlo Group Commercial Real Estate License #BR559670000 Listed on: 12/09/2019

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,922

Year Built

  • Built in 2005

Lot Details

  • 1,321 Sq Ft Lot
  • Property is zoned PAD

Home Design

  • 13,748 Sq Ft Home

Parking

  • 12 Open Parking Spaces
  • 15 Parking Spaces
  • 3 Covered Spaces
  • Paved Parking

Community Details

  • Fountains At Ocotillo Condominium Subdivision
  • Net Operating Income $86,288

Listing and Financial Details

  • Tax Lot B103
  • Assessor Parcel Number 303-49-150

Property Details

Property Type

Other

Est. Annual Taxes

$2,922

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Cross Street: S Alma School Rd & W Ocotillo Rd
  • Legal Info Range: 5E
  • Property Type: Comm/Industry Sale
  • Zoning: PAD
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 2005
  • Tax Year: 2019
  • Lot Size Acres: 0.03
  • Subdivision Name: FOUNTAINS AT OCOTILLO CONDOMINIUM
  • Structure Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 13748.0

Exterior Features

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

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Paved Parking
  • Attached Garage: No
  • Open Parking Spaces: 12.0
  • Total Parking Spaces: 15.0
  • General Property Description:Covered Parking Spcs: 3.0
  • General Property Description:Uncvrd Parking Spcs: 12.0
  • General Property Description:Total Parking Spcs: 15.0
  • Parking:Paved Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Water Source: Other, See Remarks
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 1321.0
  • Parcel #: 303-49-150
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 86288.16
  • Leasable Area: 3729.0

Tax Info

  • Tax Annual Amount: 2922.0
  • Tax Book Number: 303.00
  • Tax Lot: B103
  • Tax Map Number: 49.00

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

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $1,260,000 -1.4% $92 / Sq Ft
12/27/2019 12/27/19 Pending -- -- --
12/09/2019 12/09/19 For Sale $1,278,000 -- $93 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Tanner Milne

    The Menlo Group Commercial Real Estate

    Section Image

  • N

    Buyer's Agent in 2020

    Non-MLS Agent

    Non-MLS Office

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6012836

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Chandler 85248 Ocotillo

3930 S Alma School Rd Unit 3&8, Chandler, 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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