NOT LISTED FOR SALE

9440 N 75th Ave Peoria, AZ 85345

Estimated Value: $1,733,333

-- Bed
-- Bath
15,000 Sq Ft
$116/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $1,665,000 $111 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,563/month

27 Days on Market

Highlights

  • 1.29 Acre Lot
  • Community Kitchen
  • Concrete Flooring
  • Peoria High School Rated A-
  • Central Air

About This Home

As of September 2021

Great Investment Opportunity with long term NNN lease. DO NOT DISTURB TENANT, CALL FOR APPOINTMENT & INCOME DETAILS. Large light industrial building in Peoria with 75th Ave frontage. Between Grand and Peoria Avenue, close to the 101. The 15,000 sq ft building consists of 12,000 sq ft main level and 2, 1500 sq ft upper floor spaces. There are 3 offices, 1 kitchen, 4 bathrooms, 2 greeting rooms all air conditioned and heated. The warehouse space is swamp cooled and has heat capability. 53 paved parking spaces, 4 oversized metal garage doors, 20 ft warehouse ceilings, metal construction, built in 2004. The lot fronts paved streets on 3 sides for easy access into the property. Fully fenced and landscaped. Realtor is one owner of the property.

Last Agent to Sell the Property

Carlena Grimmett

T.L.C. Realty License #BR023316000 Listed on: 07/16/2021

Last Buyer's Agent

Non-MLS Agent

Non-MLS Office

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $19,159

Year Built

  • Built in 2004

Lot Details

  • 1.29 Acre Lot
  • Block Wall Fence
  • Chain Link Fence
  • Property is zoned LightIndustrial

Home Design

  • Metal Roof
  • Metal Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 15,000 Sq Ft Home
  • Concrete Flooring

Parking

  • 41 Open Parking Spaces
  • 53 Parking Spaces
  • 12 Covered Spaces

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 142-18-020-A

Community Details

Overview

  • Jordan Business & Industrial Park Subdivision

Amenities

  • Community Kitchen
  • Reception Area

Property Details

Property Type

Other

Est. Annual Taxes

$19,159

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Cross Street: 75th Ave between Grand and Peoria Ave
  • Property Type: Comm/Industry Sale
  • Zoning: LightIndustrial
  • Bay Info Bay Door Height: 18.0
  • Bay Info Max Span Lineal Ft: 120.0
  • Current Use: Retail, Service Business, Automobile, Warehouse
  • Number Of Buildings: 1
  • Year Built: 2004
  • Tax Year: 2021
  • Directions: Take 101W. Get off at Grand Ave. North (Left) on 75th Ave to 9440 on West (left) side of street.
  • Attribution Contact: 928-821-0506
  • Lot Size Acres: 1.29
  • Road Surface Type: Asphalt, Dedicated Street, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: JORDAN BUSINESS & INDUSTRIAL PARK
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Tax Parcel Letter: A
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete

Exterior Features

  • Fencing: Block, Chain Link
  • Construction Type: Metal Siding, Low VOC Insulation
  • Roof: Metal
  • Construction:Metal: Yes
  • Construction:Low VOC Insulation: Yes

Garage/Parking

  • Total Covered Spaces: 12.0
  • Open Parking Spaces: 41.0
  • Total Parking Spaces: 53.0
  • General Property Description:Covered Parking Spcs: 12.0
  • General Property Description:Uncvrd Parking Spcs: 41.0
  • General Property Description:Total Parking Spcs: 53.0
  • Parking:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: Over 220 Amp, APS
  • Cooling: Warehouse Evap, Office A/C, Central A/C
  • Heating: Natural Gas
  • Green Building Features: Reception Room, Kitchen
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes
  • Heating:Office Heated: Yes
  • Heating:Warehouse Heated: Yes

Association/Amenities

  • Amenities:Kitchen: Yes
  • Amenities:Reception Room: Yes

Lot Info

  • Lot Size Sq Ft: 56192.0
  • Additional Parcels: No
  • Parcel #: 142-18-020-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Leasable Area: 15000.0

Tax Info

  • Tax Annual Amount: 19159.0
  • Tax Book Number: 142.00
  • Tax Lot: 14
  • Tax Map Number: 18.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Sep 24, 2021
Sold by
Grimmett Paul W and The Grimmett Family Trust
Bought by
Bbmn Holdings Llc
Seller's Agent
Carlena Grimmett
T.L.C. Realty
Buyer's Agent
Non-MLS Agent
Non-MLS Office
List Price
$1,749,999
Sold Price
$1,665,000
Premium/Discount to List
-$84,999
-4.86%
Current Estimated Value
$1,733,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,333
Avg. Annual Appreciation
1.01%
Original Mortgage
$1,248,750
Outstanding Balance
$1,138,744
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$595,505

Purchase Details

Closed on
Mar 14, 1996
Sold by
Jordan Marion and Jordan Betty
Bought by
Klein Harold and Klein Nancy
Source: Public Records

Range of Values:

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Average Value
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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
Bbmn Holdings Llc $1,665,000 Thomas Title & Escrow
Klein Harold $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bbmn Holdings Llc $1,248,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2021 09/27/21 Sold $1,665,000 -4.9% $111 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $1,749,999 -- $117 / 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 $16,802 $179,793 -- --
2024 $17,514 $176,582 -- --
2023 $17,514 $232,067 $72,012 $160,055
2022 $17,675 $219,888 $69,055 $150,833
2021 $19,036 $225,126 $71,028 $154,098
2020 $19,159 $217,098 $62,352 $154,746
2019 $15,925 $201,432 $49,548 $151,884
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6265593

Arizona Regional Multiple Listing Service (ARMLS)

APN: 142-18-020A