NOT LISTED FOR SALE

8350 E Evans Rd Unit A7 Scottsdale, AZ 85260

Estimated Value: $15,112,964

-- Bed
-- Bath
1,660 Sq Ft
$9,104/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $2,739 $2 Per Sq Ft

Est. 551,669% increase in value since last sale

Current estimated payment $93,255/month

69 Days on Market

About This Home

As of January 2024

2SUITES AVAILABLE
Suite A-7
(±1,660 SF) $1.65 SF/MO - Modified Gross |
Reception, 1 Office, Open Area, Break Room, Restroom
Evap Warehouse, Grade Level Loading |

Suite E-1 (±9,163 SF) $1.65 SF/MO - Modified Gross
AVAILABLE FEBRUARY 2024
4 Offices, Reception, Conference Rm, Break Rm, Storage Rm, 100% A/C Warehouse, ±16' to ±17' Clear Height, Grade Level Loading

Last Agent to Sell the Property

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 11/21/2023

Last Buyer's Agent

Jim Lieberthal

Cutler Commercial License #BR516852000 Listed on: 11/21/2023

Property Details

Property Type

  • Other

Year Built

  • Built in 1996

Lot Details

  • 5 Acre Lot
  • Property is zoned I-1

Home Design

  • 1,660 Sq Ft Home

Community Details

  • Scottsdale Garden Industrial Park Subdivision

Listing and Financial Details

  • Property Available on 12/1/23
  • The owner pays for (see remarks)
  • Tax Lot 1
  • Assessor Parcel Number 215-54-005

Property Details

Property Type

Other

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Legal Info Range: 4E
  • Property Type: Comm/Industry Lease
  • Zoning: I-1
  • Lease Info Annual Lease Price: 32868.0
  • Lease Info Annual Lse Prc P S F: 19.8
  • Lease Info Base Rent Escalation: Yes
  • Lease Info Lease Year Min Max: 3 -5
  • Lease Info Space Divisible: No
  • Lease Info Suite Size Avail Max: 1660
  • Year Built: 1996
  • Tax Year: 2023
  • Lot Size Acres: 5.0
  • Subdivision Name: SCOTTSDALE GARDEN INDUSTRIAL PARK
  • Structure Type: Other (See Remarks)
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 1660.0

Exterior Features

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

Garage/Parking

  • Parking Features: Other (See Remarks)
  • Parking:Other (See Remarks)24: Yes

Utilities

  • Electric: Other (See Remarks)
  • Green Building Features: Other (See Remarks)
  • Main Cooling Other: Yes

Association/Amenities

  • Amenities:Other (See Remarks)32: Yes

Lot Info

  • Lot Size Sq Ft: 217800.0
  • Additional Parcels: No
  • Parcel #: 215-54-005
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2023-12-01

Multi Family

  • Owner Pays: Other (See Remarks)
  • Tenant Pays: See Remarks
  • Existing Lease Type: Other (See Remarks)
  • Leasable Area: 1660.0

Tax Info

  • Tax Annual Amount: 102570.0
  • Tax Book Number: 215.00
  • Tax Lot: 1
  • Tax Map Number: 54.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2016
Sold by
Bayport Evans Associates Lp
Bought by
Scottsdale Six Llc and Phx 7Scottsdale 6 Llc
Total Days on Market
69
Current Estimated Value
$15,112,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Outstanding Balance
$545,183
Interest Rate
3.97%
Mortgage Type
Commercial
Estimated Equity
$14,567,781

Purchase Details

Closed on
Feb 28, 2008
Sold by
Coventry First Evans Llc
Bought by
Bayport Evans Associates Lp

Purchase Details

Closed on
Apr 7, 2006
Sold by
8350 East Evans Llc
Bought by
Bayport Evans Associates Lp and Coventry First Evans Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500,000
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 29, 2004
Sold by
Evans Corporate Park Llc
Bought by
8350 East Evans Llc

Purchase Details

Closed on
Aug 8, 1996
Sold by
Mar & Mar Developments Inc
Bought by
Evans Corporate Park Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,175,000
Interest Rate
8.18%
Mortgage Type
Construction

Purchase Details

Closed on
May 3, 1995
Sold by
Co Mar & Mar Developments Inc
Bought by
Evans Corporate Park Llc

Purchase Details

Closed on
Jul 8, 1994
Sold by
Scottsdale Development Inc
Bought by
Mar & Mar Developments Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Scottsdale Six Llc $7,850,000 None Available
Bayport Evans Associates Lp -- None Available
Bayport Evans Associates Lp $9,645,000 Landamerica Coml Svcs
8350 East Evans Llc $7,515,690 Chicago Title Insurance Co
Evans Corporate Park Llc -- Transnation Title Ins Co
Evans Corporate Park Llc -- --
Mar & Mar Developments Inc $510,131 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scottsdale Six Llc $5,000,000
Previous Owner Bayport Evans Associates Lp $7,500,000
Previous Owner Evans Corporate Park Llc $3,175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2024 01/30/24 Sold $2,739 0.0% $2 / Sq Ft
11/21/2023 11/21/23 For Sale $2,739 -- $2 / 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 $101,022 $1,105,591 -- --
2024 $102,570 $1,085,848 -- --
2023 $102,570 $2,076,244 $822,681 $1,253,563
2022 $104,068 $1,648,710 $861,455 $787,255
2021 $108,978 $1,587,978 $886,068 $701,910
2020 $105,929 $1,475,676 $804,942 $670,734
2019 $106,681 $1,297,566 $745,326 $552,240
2018 $103,773 $1,162,458 $721,242 $441,216
2017 $99,216 $1,036,152 $721,242 $314,910
2016 $98,118 $911,718 $600,750 $310,968
2015 $96,100 $840,807 $538,147 $302,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6633104

Arizona Regional Multiple Listing Service (ARMLS)

APN: 215-54-005