NOT LISTED FOR SALE

Estimated Value: $5,489,608

Studio
-- Bath
40,210 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: August 8, 2016

Last sale price $9,200 $0 Per Sq Ft

Est. 59,570% increase in value since last sale

Current estimated payment $34,141 / mo

38 Days on Market

Highlights

  • 3 Acre Lot
  • Skylights
  • Concrete Flooring
  • Meeting Room
  • Central Air
  • Heating Available

About This Home

As of August 2016

+27,119 Total SF Available that is divisible to +6,900 SF. Space includes two story showroom, office and warehouse. TI allowance negotiable. 2 grade level doors with 2 dock doors and +27’ clear height. Power 600a 277/480v. Landlord will demise or expand office as needed 2 story can convert to mezzanine. Perfect for distribution, manufacturing, R&D with close proximity to Phoenix Sky Harbor Airport and quick multiple freeway access. Building is tilt construction. Landlord is willing entertain offers to purchase the property. The new owner can capitalize on the stable and long term lease of the current partial use tenant while leasing out or occupying the available space. See Flyer in the Documents for more details.

Last Agent to Sell the Property

Aaron Dutcher

My Home Group Real Estate License #BR525412000 Listed on: 07/08/2016

Co-Listed By

Donald Larimer

My Home Group Real Estate License #SA658410000

Last Buyer's Agent

John Creedon

Corridor Commercial License #BR034196000

Property Details

Property Type

  • Other

Year Built

  • Built in 2002

Lot Details

  • 3 Acre Lot
  • Property is zoned C-2, CP/BP

Home Design

  • Tilt Up Walls
  • Foam Roof

Interior Spaces

  • Skylights
  • Concrete Flooring

Parking

  • 24 Open Parking Spaces
  • 24 Parking Spaces

Utilities

  • Central Air
  • Heating Available
  • 200+ Amp Service

Listing and Financial Details

  • Property Available on 7/1/16
  • Tax Lot 1
  • Assessor Parcel Number 123-06-052

Community Details

Overview

  • Cotton Center Unit 10 Subdivision

Amenities

  • Meeting Room
  • Showroom
  • Reception Area

Property Details

Property Type

Other

Year Built

Built in 2002

Lot Details

3 Acres

Listing Details

  • Cross Street: Broadway Rd and 48th Street
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: C-2, CP/BP
  • Current Use: Mixed Use, Service Business, Medical/Dental, Office, Warehouse, Wholesale
  • Lease Info Annual C A M Sq Ft: 2.64
  • Lease Info Annual Lease Price: 192000.0
  • Lease Info Annual Lse Prc P S F: 7.08
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 2016
  • Lease Info Space Divisible: Yes
  • Year Built: 2002
  • Tax Year: 2015
  • Lot Size Acres: 3.0
  • Road Surface Type: Asphalt, Concrete, Sidewalk(s)
  • Co List Office Mls Id: kwrp001
  • Co List Office Phone: 480-768-9333
  • Subdivision Name: COTTON CENTER UNIT 10
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Disclosures: None
  • Construction Type: Tilt-Up
  • Roof: Foam
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Open Parking Spaces: 24.0
  • Total Parking Spaces: 24.0
  • General Property Description:Uncvrd Parking Spcs: 24.0
  • General Property Description:Total Parking Spcs: 24.0
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS, Over 220 Amp
  • Cooling: Warehouse Evap, Office A/C, Central A/C
  • Heating: Office Heated, Electric
  • Green Building Features: Conference Room, Reception Room, Showroom, Skylight(s)
  • Water Source: City Franchise
  • Heating:Electric: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Reception Room: Yes
  • Amenities:Conference Room: Yes
  • Amenities:Showroom: Yes
  • Amenities:Skylight(s)2: Yes

Lot Info

  • Lot Size Sq Ft: 130510.0
  • Additional Parcels: No
  • Parcel #: 123-06-052
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2016-07-01

Multi Family

  • Leasable Area: 27119.0

Tax Info

  • Tax Annual Amount: 86440.0
  • Tax Book Number: 123.00
  • Tax Lot: 1
  • Tax Map Number: 6.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2019
Sold by
Danacot Llc
Bought by
Biggie S Properties Llc
Current Estimated Value
$5,489,608

Purchase Details

Closed on
Jan 7, 2002
Sold by
Jdmd Apollo Venture Llc
Bought by
Danacot Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Biggie S Properties Llc $3,300,000 Grand Canyon Title Agency
Danacot Llc $1,305,080 Lawyers Title Of Arizona Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2016 08/08/16 Sold $9,200 -42.5% $0 / Sq Ft
07/09/2016 07/09/16 Pending -- -- --
07/01/2016 07/01/16 For Sale $16,000 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 $58,379 $502,981 -- --
2024 $57,653 $493,999 -- --
2023 $57,653 $928,489 $178,500 $749,989
2022 $57,141 $710,063 $270,025 $440,038
2021 $59,333 $760,734 $253,836 $506,898
2020 $57,467 $850,770 $236,934 $613,836
2019 $56,385 $720,198 $206,658 $513,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 5467970

Arizona Regional Multiple Listing Service (ARMLS)

APN: 123-06-052B

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