NOT LISTED FOR SALE

5135 E Ingram St Mesa, AZ 85205

Estimated Value: $4,043,953

Studio
-- Bath
23,744 Sq Ft
$170/Sq Ft Est. Value

Sale Details

Date Sold: January 3, 2022

Last sale price $4,000,000 $168 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $24,932 / mo

21 Days on Market

Highlights

  • Gated Community
  • Community Kitchen
  • Central Air
  • Bush Elementary School Rated A-
  • Elevator
  • Security Fence

About This Home

As of January 2022

High quality Industrial/Flex building with nearly 14,000sf office space and over 10,000sf warehouse and production space freestanding on over 1.5 acres. Property is well located near Falcon Field with easy access to SR 202 Red Mountain Freeway. Boeing, MD Helicopters and many other large employers are nearby. The building has corporate style offices, an elevator, full kitchen, 30' clear height, two overhead doors with knockouts for three more, 2000amps/3phase power, fiber optics, truck height loading dock and is 100% AC. Perfect for Owner/User or Investment. Multi-Tenant potential: can be divided into six separate suites.

Last Agent to Sell the Property

Sean Brown

Realty ONE Group License #BR682879000 Listed on: 09/21/2021

Co-Listed By

George Bliss

ProSmart Realty License #SA110285000

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $45,185

Year Built

  • Built in 2008

Lot Details

  • 1.65 Acre Lot
  • Security Fence
  • Partially Fenced Property
  • Property is zoned L1

Home Design

  • Tilt Up Walls
  • Foam Roof

Interior Spaces

  • 23,744 Sq Ft Home
  • Concrete Flooring

Parking

  • 42 Open Parking Spaces
  • 54 Parking Spaces
  • 12 Covered Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Three-Phase Power
  • 200+ Amp Service
  • Fiber Optics Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 141-35-067

Community Details

Amenities

  • Community Kitchen
  • Meeting Room
  • Elevator
  • Reception Area

Additional Features

  • Falcon Commerce Park Subdivision
  • Operating Expense $91,185
  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$45,185

Year Built

Built in 2008

Lot Details

1.65 Acres

Listing Details

  • Cross Street: Higley
  • Legal Info Range: 6E
  • Property Type: Comm/Industry Sale
  • Zoning: L1
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2008
  • Tax Year: 2021
  • Lot Size Acres: 1.65
  • Road Surface Type: Dedicated Street, Private Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Co List Office Mls Id: brel001
  • Co List Office Phone: 480-235-3617
  • Subdivision Name: FALCON COMMERCE PARK
  • Structure Type: Other (See Remarks), Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 23744.0

Exterior Features

  • Fencing: Security, Partial
  • Disclosures: Seller Prop Disc Stm, ALTA Survey Availbl
  • Construction Type: Tilt-Up
  • Roof: Foam
  • Construction:Tilt-Up: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Parking Features: Paved, Private
  • Attached Garage: No
  • Open Parking Spaces: 42.0
  • Total Parking Spaces: 54.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 42.0
  • General Property Description:Total Parking Spcs: 54.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes

Utilities

  • Electric: 3 Phase Power, Over 220 Amp, SRP
  • Cooling: Central Air, Office A/C, Warehouse A/C
  • Heating: Natural Gas
  • Green Building Features: Public Elevator(s), Conference Room, Reception Room, Kitchen, Fiber Optic Availble, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • 3 Phase Power: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes
  • Amenities:Public Elevator(s): Yes
  • Amenities:Conference Room: Yes
  • Amenities:Security Gate: Yes
  • Amenities:Fiber Optic Availble: Yes

Fee Information

  • Annual Water Sewer Expense: 4000.0

Lot Info

  • Lot Size Sq Ft: 71741.0
  • Parcel #: 141-35-067
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Electric Expense: 33000.0
  • Annual Operating Expense: 91185.0

Tax Info

  • Tax Annual Amount: 45185.0
  • Tax Book Number: 141.00
  • Tax Lot: 16
  • Tax Map Number: 35.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2021
Closed on
Dec 30, 2021
Sold by
Pbk Property Llc
Bought by
5135 Holding Company Llc
Seller's Agent
Sean Brown
Realty ONE Group
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$4,250,000
Sold Price
$4,000,000
Premium/Discount to List
-$250,000
-5.88%
Current Estimated Value
$4,043,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,953
Avg. Annual Appreciation
0.25%
Original Mortgage
$2,021,000
Outstanding Balance
$1,862,603
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$2,181,350

Purchase Details

Closed on
Dec 20, 2007
Sold by
Lge Corp
Bought by
Pbk Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,332,390
Interest Rate
5.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 2007
Sold by
Lge Corp
Bought by
Lge Corp

Purchase Details

Closed on
Dec 27, 2005
Sold by
Graystar Real Estate Holdings Llc
Bought by
Lge Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2005
Sold by
Higley & Ingram Investors Llc
Bought by
Gray Star Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,250,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2005
Sold by
Higley & Ingram Llc
Bought by
Higley & Ingram Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,930,000
Interest Rate
5.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 1999
Sold by
Langley Field Ltd Partnership
Bought by
Higley & Ingram Llc
Source: Public Records
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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
5135 Holding Company Llc $4,000,000 Pioneer Title Agency Inc
Pbk Property Llc $3,939,746 Lawyers Title Insurance Corp
Lge Corp -- None Available
Lge Corp $1,789,836 Grand Canyon Title Agency
Gray Star Real Estate Holdings Llc $6,572,115 Chicago Title Insurance Co
Higley & Ingram Investors Llc $4,804,014 Chicago Title Insurance Co
Higley & Ingram Llc $2,706,599 --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open 5135 Holding Company Llc $2,021,000
Previous Owner Pbk Property Llc $2,332,390
Previous Owner Lge Corp $1,250,000
Previous Owner Gray Star Real Estate Holdings Llc $8,250,000
Previous Owner Higley & Ingram Investors Llc $3,930,000
Closed Gray Star Real Estate Holdings Llc $1,704,235
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2022 01/03/22 Sold $4,000,000 -5.9% $168 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $4,250,000 +5915.7% $179 / Sq Ft
04/29/2016 04/29/16 Sold $70,648 +3432.4% $4 / Sq Ft View Prior Sale
04/29/2016 04/29/16 Pending -- -- --
03/18/2016 03/18/16 For Sale $2,000 -- $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 $40,395 $409,442 -- --
2024 $43,051 $402,130 -- --
2023 $43,051 $515,423 $83,504 $431,919
2022 $43,400 $461,143 $61,828 $399,315
2021 $45,185 $444,996 $63,594 $381,402
2020 $44,596 $441,972 $59,346 $382,626
2019 $41,667 $403,812 $55,908 $347,904
2018 $39,991 $356,598 $43,020 $313,578
2017 $38,798 $350,136 $41,760 $308,376
2016 $38,078 $311,454 $37,278 $274,176
2015 $36,783 $291,468 $41,089 $250,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6296597

Arizona Regional Multiple Listing Service (ARMLS)

APN: 141-35-067

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