NOT LISTED FOR SALE

Estimated Value: $1,846,048

Studio
-- Bath
3,763 Sq Ft
$491/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $1,850,000 $492 Per Sq Ft

Current estimated payment $10,328/month

9 Days on Market

Highlights

  • 0.23 Acre Lot
  • Display Windows
  • Concrete Flooring
  • Navajo Elementary School Rated A-
  • Central Air
  • Multiple Heating Units

About This Home

As of October 2023

Prime Commercial Building In Old Town Scottsdale Location: Camelback & Miller TJ Max Shopping Center
Size: 3763 sq ft
Access off 6th Avenue

Don't miss this opportunity to own this spacious Commercial Building nestled in the heart of Old Town
Scottsdale, off 6th Avenue, this commercial gem offers unrivaled visibility and accessibility. Ideal for Retail, Office, or Restaurant use, the possibilities are limitless. Join the vibrant shopping center along TJ Max, ensuring a steady flow of foot traffic. Elevate your brand in this bustling hub of commerce. Secure this opportunity today and watch your business flourish.
Rare Opportunity to buy a Building in this sought after location.

Last Agent to Sell the Property

Yvonne Kilpatrick

Lee Harding License #BR684215000 Listed on: 09/03/2023

Co-Listed By

Brett Nicholas

RE/MAX Fine Properties License #SA687827000

Last Buyer's Agent

Yvonne Kilpatrick

RE/MAX Fine Properties License #SA684215000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $8,075

Year Built

  • Built in 1981

Lot Details

  • 10,008 Sq Ft Lot
  • Property is zoned Commercial

Home Design

  • Block Exterior

Interior Spaces

  • 3,763 Sq Ft Home
  • Display Windows
  • Concrete Flooring

Parking

  • 6 Open Parking Spaces
  • 10 Parking Spaces
  • 4 Covered Spaces
  • Private Parking

Utilities

  • Central Air
  • Multiple Heating Units

Listing and Financial Details

  • Tax Lot F
  • Assessor Parcel Number 173-40-008-F

Community Details

Overview

  • Tj Max Shopping Center At Camelback & Miller Subdivision

Building Details

  • Gross Income $64,890
  • Net Operating Income $51,000

Property Details

Property Type

Other

Est. Annual Taxes

$8,075

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Cross Street: Camelback and Miller
  • Legal Info Range: 4E
  • Property Type: Comm/Industry Sale
  • Zoning: Commercial
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1981
  • Tax Year: 2022
  • Lot Size Acres: 0.23
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: rmfp03
  • Co List Office Phone: 480-792-9500
  • Subdivision Name: TJ Max Shopping Center at Camelback & Miller
  • Structure Type: Commercial, Office
  • Tax Parcel Letter: F
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 3763.0

Exterior Features

  • Fencing: None
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Rolled/Hot Mop
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: Private Parking
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 10.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking:Private Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Office A/C, Central A/C
  • Heating: 2 or More Units, Electric
  • Green Building Features: Clean Room, Display Window(s)
  • Water Source: Individual Meter
  • Heating:Electric: Yes
  • Heating:_two_ or More Units3: Yes

Association/Amenities

  • Amenities:Display Window(s): Yes
  • Amenities:Clean Room: Yes

Lot Info

  • Lot Size Sq Ft: 10008.0
  • Parcel #: 173-40-008-F
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 64890.0
  • Property Net Operating Income: 51000.0
  • Vacancy Allowance Rate: 2.05
  • Leasable Area: 1012.0

Tax Info

  • Tax Annual Amount: 8075.0
  • Tax Book Number: 173.00
  • Tax Lot: F
  • Tax Map Number: 40.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2023
Closed on
Oct 27, 2023
Sold by
Rover Investments Llc
Bought by
J King Holdings Llc
Seller's Agent
Yvonne Kilpatrick
Lee Harding
Buyer's Agent
Yvonne Kilpatrick
Lee Harding
List Price
$1,950,000
Sold Price
$1,850,000
Premium/Discount to List
-$100,000
-5.13%
Views
24
Current Estimated Value
$1,846,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,952
Avg. Annual Appreciation
-0.10%

Purchase Details

Listed on
Sep 3, 2023
Closed on
Oct 25, 2023
Sold by
Rover Investment Llc
Bought by
J King Holdings Llc
Seller's Agent
Yvonne Kilpatrick
Lee Harding
Buyer's Agent
Yvonne Kilpatrick
Lee Harding
List Price
$1,950,000
Sold Price
$1,850,000
Premium/Discount to List
-$100,000
-5.13%
Views
24

Purchase Details

Closed on
May 29, 2003
Sold by
Dole Patricia
Bought by
Rover Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2001
Sold by
Marchal Paul H
Bought by
Dole Patricia A

Purchase Details

Closed on
Mar 16, 2001
Sold by
Marchal Paul H
Bought by
Blue Canyon Trust

Purchase Details

Closed on
Jun 26, 1998
Sold by
7540 Scottsdale Associates Llc
Bought by
Marchal Ii Paul H

Purchase Details

Closed on
Dec 11, 1996
Sold by
Park Ronald F and Park Betty J
Bought by
7540 Scottsdale Associates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,052
Interest Rate
7.53%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
J King Holdings Llc $1,850,000 Landmark Title
J King Holdings Llc $1,850,000 Landmark Title
Rover Investments Llc -- --
Dole Patricia A $519,924 --
Dole Patricia A $519,924 Security Title Agency
Blue Canyon Trust -- --
Marchal Ii Paul H $500,000 Stewart Title & Trust
7540 Scottsdale Associates Llc $370,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rover Investments Llc $120,000
Previous Owner 7540 Scottsdale Associates Llc $254,052
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2023 10/27/23 Sold $1,850,000 -5.1% $492 / Sq Ft
09/29/2023 09/29/23 Off Market $1,950,000 -- --
09/03/2023 09/03/23 For Sale $1,950,000 -- $518 / 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 $8,217 $116,358 -- --
2024 $8,268 $114,280 -- --
2023 $8,268 $163,472 $126,395 $37,077
2022 $8,075 $143,081 $108,378 $34,703
2021 $8,825 $146,898 $111,474 $35,424
2020 $8,748 $132,156 $95,868 $36,288
2019 $8,441 $126,936 $91,314 $35,622
2018 $8,174 $123,714 $87,984 $35,730
2017 $7,828 $124,812 $87,984 $36,828
2016 $7,676 $93,960 $59,724 $34,236
2015 $7,510 $85,729 $53,909 $31,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6600698

Arizona Regional Multiple Listing Service (ARMLS)

APN: 173-40-008F