NOT LISTED FOR SALE

Estimated Value: $3,375,115

-- Bed
-- Bath
14,795 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $3,200,000 $216 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $19,107/month

68 Days on Market

Highlights

  • 1.07 Acre Lot
  • Central Air
  • Concrete Flooring

About This Home

As of March 2023

Featuring prime signage visibility fronting the 60 freeway (225,000 cars per day!), huge secure/gated yard, fee simple ownership, covered parking and prominent monument signage, this property is an ideal owner/user investment. Built in 1985 and renovated in 2007, this single user LI zoned (Light Industrial – Mesa) gem sits on a 1.07 acre lot, with no association dues. Warehouse portion includes three drive through roll up doors and a convenient below grade/covered loading dock. Adjacent to the 60 Superstition Freeway and situated between two full diamond interchanges, this property has superior accessibility in and out. Please do not disturb occupant.

Last Agent to Sell the Property

Bret Isbell

Kidder Mathews License #BR549336000 Listed on: 11/28/2022

Last Buyer's Agent

Roy Pittullo

Reata Land License #BR022119000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,178

Year Built

  • Built in 1985

Lot Details

  • 1.07 Acre Lot
  • Block Wall Fence
  • Property is zoned LI-Mesa

Home Design

  • Block Exterior
  • Metal Siding

Interior Spaces

  • 14,795 Sq Ft Home
  • Concrete Flooring

Parking

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

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 139-11-005

Community Details

Overview

  • 2 Buildings
  • Eaton Mesa Business Park Subdivision

Building Details

  • Operating Expense $15,178

Property Details

Property Type

Other

Est. Annual Taxes

$15,178

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Comm/Industry Sale
  • Zoning: LI-Mesa
  • Current Use: Office, Warehouse
  • Number Of Buildings: 2
  • Year Built: 1985
  • Tax Year: 2022
  • Lot Size Acres: 1.07
  • Subdivision Name: EATON-MESA BUSINESS PARK
  • Structure Type: Commercial, Industrial, Office, Manufacturing, Distribution/Warehse
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete, Other

Exterior Features

  • Fencing: Block
  • Construction Type: Metal Siding, Block, Other, See Remarks
  • Roof: Other, See Remarks
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes
  • Construction:Metal: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • 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:Free: Yes
  • Parking:Paved Parking: Yes
  • Parking:Private Parking: Yes
  • Parking:Public Parking: Yes
  • Parking:Fenced: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Warehouse Evap, Central A/C
  • Heating: Other
  • Water Source: City Franchise
  • Heating:Other4: Yes

Lot Info

  • Lot Size Sq Ft: 46638.0
  • Additional Parcels: No
  • Parcel #: 139-11-005
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 15178.0

Tax Info

  • Tax Annual Amount: 15178.0
  • Tax Book Number: 139.00
  • Tax Lot: na
  • Tax Map Number: 11.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Mar 17, 2023
Sold by
Ranch Real Estate Holding Llc
Bought by
Cci-Fennemore Llc
Seller's Agent
Bret Isbell
Kidder Mathews
Buyer's Agent
Roy Pittullo
Reata Land
List Price
$3,495,000
Sold Price
$3,200,000
Premium/Discount to List
-$295,000
-8.44%
Views
21
Current Estimated Value
$3,375,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,115
Avg. Annual Appreciation
2.08%

Purchase Details

Closed on
Sep 17, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Ranch Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2010
Sold by
Contreras Enterprises Inc
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 2, 1999
Sold by
Apache Oxy Med Inc
Bought by
Contreras Enterprises Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,273
Interest Rate
6.84%
Mortgage Type
Commercial
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
Cci-Fennemore Llc $3,200,000 Chicago Title Agency
Ranch Real Estate Holdings Llc $700,000 None Available
Wells Fargo Bank Na $742,500 None Available
Contreras Enterprises Inc -- Security Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ranch Real Estate Holdings Llc $610,000
Previous Owner Contreras Enterprises Inc $600,273
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2023 03/15/23 Sold $3,200,000 -8.4% $216 / Sq Ft
11/25/2022 11/25/22 For Sale $3,495,000 -- $236 / 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 $14,554 $163,563 -- --
2024 $15,084 $160,642 -- --
2023 $15,084 $266,662 $49,453 $217,209
2022 $15,178 $224,630 $49,175 $175,455
2021 $16,485 $224,640 $50,580 $174,060
2020 $16,213 $223,884 $47,160 $176,724
2019 $15,163 $207,738 $42,210 $165,528
2018 $14,522 $179,622 $39,114 $140,508
2017 $14,092 $155,538 $37,980 $117,558
2016 $14,476 $142,290 $33,912 $108,378
2015 $13,640 $126,448 $33,855 $92,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6493395

Arizona Regional Multiple Listing Service (ARMLS)

APN: 139-11-005