NOT LISTED FOR SALE
Studio
-- Baths
40,248 Sq Ft
2.2 Acre Lot

Sale Details

Date Sold: January 10, 2020

Last sale price $12 $0 Per Sq Ft

1 Day on Market

Highlights

  • 2.2 Acre Lot
  • Central Air
  • Concrete Flooring
  • Franklin at Brimhall Elementary School Rated A

About This Home

As of January 2020

HIGHLY VISIBLE LOCATION - 1,950 sf Ready to Go as o! 3/19/19! Located at the entrance of Leisure World on Power Rd, Anchored by Van's Golf. EXCELLENT retail space facing Power Rd with traffic counts over 38,000 per day. NOTE: NNN expense include: Electric, Taxes, Insurance and Common Area Maintenance.
Medical Services, Mobility Karts, Chiropractic, Financial Planners, Insurance, Travel Agent, Realtors, Home Care Providers, are just a few of the many professionals and business that will thrive in this dynamic location.
Additionally available are two 800 sf second floor creative loft type office's; elevator access with views of Golf course and Power. Center has easy ingress/egress off Power Road at our signalized intersection.
Across from Leisure World, A 2 mile sq retirement Communit

Last Agent to Sell the Property

Charles Diruzza

Platinum Realty One License #BR006550000 Listed on: 01/09/2020

Last Buyer's Agent

Charles Diruzza

Property Brokers L.L.C.

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Property Details

Property Type

  • Other

Year Built

  • Built in 1976

Lot Details

  • 2.2 Acre Lot
  • Property is zoned LC Commercial

Home Design

  • Built-Up Roof
  • Block Exterior
  • Stucco

Flooring

  • Concrete Flooring

Parking

  • 200 Open Parking Spaces
  • 200 Parking Spaces

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System
  • Master Meter
  • Master Water Meter

Listing and Financial Details

  • Property Available on 1/9/20
  • Assessor Parcel Number 218-68-009

Property Details

Property Type

Other

Year Built

Built in 1976

Lot Details

2.2 Acres

Listing Details

  • Cross Street: LIESURE WORLD
  • Legal Info Range: 7E
  • Property Type: Comm/Industry Lease
  • Zoning: LC Commercial
  • Current Use: Retail, Service Business, Medical/Dental, Recreational, Office, Food Service
  • Lease Info Annual C A M Sq Ft: 4.75
  • Lease Info Annual Lease Price: 21461.0
  • Lease Info Annual Lse Prc P S F: 11.0
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3 - 5
  • Lease Info Space Divisible: No
  • Year Built: 1976
  • Tax Year: 2018
  • Lot Size Acres: 2.2
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: None
  • Disclosures: None
  • Construction Type: Stucco, Block
  • Roof: Built-Up
  • Construction:Block: Yes
  • Construction:Stucco2: Yes

Garage/Parking

  • Open Parking Spaces: 200.0
  • Total Parking Spaces: 200.0
  • General Property Description:Uncvrd Parking Spcs: 200.0
  • General Property Description:Total Parking Spcs: 200.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes

Utilities

  • Electric: SRP, Master Meter
  • Cooling: Central A/C
  • Heating: Heat Pump, 2 or More Units
  • Water Source: City Franchise, Master Meter
  • Heating:Heat Pump2: Yes
  • Heating:_two_ or More Units3: Yes
  • Electric Master Meter: Yes

Lot Info

  • Lot Size Sq Ft: 95696.0
  • Additional Parcels: No
  • Parcel #: 218-68-009
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2020-01-09

Multi Family

  • Leasable Area: 1951.0

Tax Info

  • Tax Annual Amount: 1500.0
  • Tax Book Number: 218.00
  • Tax Map Number: 68.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2022
Sold by
Power Plaza Llc
Bought by

Purchase Details

Closed on
Nov 17, 2015
Sold by
Cowan Oliver Investments Llc
Bought by
Power Plaza Llc

Purchase Details

Closed on
Feb 8, 2007
Sold by
R & E Investments Inc
Bought by
Cowan Oliver 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
$3,400,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
May 5, 1995
Sold by
Donway Corp
Bought by
R & E Investments Inc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
-- Pioneer Title
Chintel Investments Llc $4,900,000 Pioneer Title
Power Plaza Llc $3,895,000 None Available
Cowan Oliver Investments Llc $5,200,000 Chicago Title Insurance Co
R & E Investments Inc -- --
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
Previous Owner $3,400,000
Previous Owner R & E Investments Inc $2,500,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
01/11/2020 01/11/20 Pending -- -- --
01/10/2020 01/10/20 Sold $12 -99.3% $0 / Sq Ft
01/09/2020 01/09/20 For Sale $1,788 -- $0 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax 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.

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 $26,224 $265,554
2024 $27,945 $260,812
2023 $27,945 $507,671 $74,902 $432,769
2022 $28,169 $472,658 $64,208 $408,450
2021 $29,335 $488,340 $66,042 $422,298
2020 $28,954 $499,464 $65,160 $434,304
2019 $27,055 $504,540 $59,544 $444,996
2018 $25,969 $484,722 $61,812 $422,910
2017 $25,197 $409,482 $57,240 $352,242
2016 $24,729 $374,922 $51,102 $323,820
2015 $23,890 $194,158 $45,492 $148,666
Source: Public Records

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6021484

Arizona Regional Multiple Listing Service (ARMLS)

APN: 218-68-009

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