Seller's Agent in 2022
Trina Stephens
Real Broker
(303) 917-6966
6 in this area
18 Total Sales
885 W Highway 92 -- Bisbee, AZ 85603
Estimated Value: $174,873
--
Bed
--
Bath
944
Sq Ft
$185/Sq Ft
Est. Value
Highlights
- Community Kitchen
- Vinyl Flooring
- Heating System Uses Propane
- Cooling Available
About This Home
As of July 2022UPDATE: The Building Depart and Health department BOTH say a drive thru can be installed. This stand alone, turn key ready restaurant has it all!
Plenty of room for parking!
Fully Equip! (Gas Range, Fryer, Hood-with Fire Suppression System, Refrigerator, SS Tables, 3-Compartment Sink, Grease trap installed.)
Great Flooring!
Tables and Chairs
Porch- Outdoor Seating Potential
Men's and Woman's Public Restrooms
Bar Area
Dining Area (2 dining areas, main and a smaller one)
Comes with 2 lots, so there is plenty of parking.
See more remarks! Located directly off HWY 92 in Bisbee. There is no frontage road, 100% direct access from HWY to the parking lot.
Busy Highway, and a safeway next store. The owner rented out this spot as a restaurant for $950.00 a month, and the restaurateur had been in busy there for many years, but has recently retired, and the place has been empty since with many inquires, but no actual qualified buyers. This location could easily generate $1000.00 a day income with the right restaurant or more.
Come on down and take a look!
Last Agent to Sell the Property
Real Broker License #SA697015000 Listed on: 06/04/2022
Last Buyer's Agent
Trina Stephens
Arizado Realty License #SA697015000
Property Details
Property Type
- Other
Est. Annual Taxes
- $1,053
Year Built
- Built in 1938
Lot Details
- 4,773 Sq Ft Lot
- Property is zoned (0021) VAC COMM
Home Design
- Wood Frame Construction
- Metal Roof
- Stucco
Flooring
- Vinyl Flooring
Parking
- 30 Open Parking Spaces
- 30 Parking Spaces
- Public Parking
Utilities
- Cooling Available
- Heating System Uses Propane
Listing and Financial Details
- Tax Lot 7 8 9 & 10 BLK E
- Assessor Parcel Number 102-16-011
Community Details
Amenities
- Community Kitchen
Building Details
- Operating Expense $9,313
- Gross Income $330,030
- Net Operating Income $300,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 4, 2022
Closed on
Jul 22, 2022
Sold by
Hugh W Lockridge Living Trust
Bought by
42 Spirits Spiritual Community Inc
Seller's Agent
Trina Stephens
Real Broker
Buyer's Agent
Trina Stephens
Real Broker
List Price
$165,000
Sold Price
$156,000
Premium/Discount to List
-$9,000
-5.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,873
Avg. Annual Appreciation
3.63%
Purchase Details
Closed on
Apr 8, 2022
Sold by
Wayne Lockridge Hugh
Bought by
Hugh W Lockridge Living Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 42 Spirits Spiritual Community Inc | $156,000 | Pioneer Title | |
| Hugh W Lockridge Living Trust | -- | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/26/2022 07/26/22 | Sold | $156,000 | -5.5% | $165 / Sq Ft |
| 07/06/2022 07/06/22 | Pending | -- | -- | -- |
| 06/04/2022 06/04/22 | For Sale | $165,000 | 0.0% | $175 / Sq Ft |
| 05/05/2022 05/05/22 | Pending | -- | -- | -- |
| 08/25/2021 08/25/21 | For Sale | $165,000 | -- | $175 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
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 | $2,499 | $19,087 | $3,136 | $15,951 |
| 2024 | $2,499 | $18,161 | $2,079 | $16,082 |
| 2023 | $941 | $6,311 | $2,079 | $4,232 |
| 2022 | $977 | $6,311 | $2,079 | $4,232 |
| 2021 | $1,054 | $6,311 | $2,079 | $4,232 |
| 2020 | $1,057 | $0 | $0 | $0 |
| 2019 | $1,059 | $0 | $0 | $0 |
| 2018 | $1,106 | $0 | $0 | $0 |
| 2017 | $1,049 | $0 | $0 | $0 |
| 2016 | $984 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Trina Stephens
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6286870
APN: 102-16-011
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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