1006 S MCCLINTOCK Drive 2, Tempe, AZ 85281

$818,750
Property Type: Land Lot Size (sq. ft.): 24,120 Status: Closed
Current Price: $818,750 List Date: 8/23/2024 Last Modified: 10/08/2024

Description

Back on the Market. Amazing Opportunity. Situated adjacent to Arizona State University in Tempe, this remarkable multi-dwelling parcel presents an unparalleled opportunity for development. With full approval granted for the construction of 11 townhomes by the city of Tempe. Each townhome, spanning 1635 SQFT, boasts a spacious layout featuring 3 bedrooms, 3 bathrooms, and a 2 tandem car garage, catering to modern living needs. Currently in the final stages of securing approval from the city, offering a prime infill location ripe for immediate action. Whether the aim is to build, hold, sell, or rent, this project stands as a testament to potential and opportunity. Don't let this chance slip away; seize this extraordinary opportunity in the heart of Tempe.

More Information MLS# 6711106

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $818,750 Sold Price: $818,750 Status: Closed List Date: 2024-05-27

Location, Tax & Legal

Lot #: 2 Assessor's Map #: 61 Legal Description (Abbrev): LOT 2 1006 MCCLINTOCK MCR 112817 Assessor's Parcel #: 125 Add'l Parcels: No Tax Municipality: Tempe Census Tract: 319103 Taxes: 6361 Marketing Name: Mcclintock 11 Homes House Number: 1006 Compass: S Street Name: MCCLINTOCK St Suffix: Drive City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 4504 County Code: Maricopa Assessor Number: 132-61-125 Subdivision: 1006 MCCLINTOCK Tax Year: 2023

General Property Description

Apx Total Acres: 0.55 Apx Total Acres G/N: G Price Per Acre: 1780000 Apx SqFt: 24120 Price Per SqFt: 40.59 Apx SqFt G/N: G Lot Size Dimensions: 145' x 168' Flood Zone: No Horses: N Elementary School District: Tempe Elementary School District High School District: Tempe Union High School District Zoning: CSS

Legal Info

Range: 4E Section: 23 Township: 1N Lot Number: 2

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 979000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Existing Land Use

Commercial Lot: 1

Zoned Presently

Multi-Family: 1

Parcel Size

.50 - .99 Acres: 1

Development Status

Plans Available: 1

Fencing

None: 1

Water Source

City Franchise: 1

Freeway/Highway

Up to 1 Mile: 1

Sewer

Sewer - Public: 1

Railroad

Railroad 1 - 5 Miles: 1

Electric

SRP: 1

Topography

Level: 1

Gas

SW Gas: 1

Existing Structures

None: 1

Distance to Cable

On Property: 1

New Financing

Cash: 1 Conventional: 1 No Carry: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Distance to Electric

On Property: 1

Existing 1st Loan Type

Not Applicable: 1

Distance to Gas

On Property: 1

Existing 1st Loan Terms

Not Applicable: 1

Distance to Sewer

Under 350 Feet: 1

Existing 2nd Loan Type

Not Applicable: 1

Reports/Disclosures

Seller Prop Disc Stm: 1 ALTA Survey Alba: 1 Development Pln Aval: 1 Vicinity of an Airport: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 602-570-4643

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: UNIVERSITY & MCCLINTOCK Directions: Go south on McClintock from University to Don Carlos. Lot sits on the NW corner of Don Carlos and McClintock. Geo Lat: 33.417772 Geo Lon: -111.909516

Status Change Info

Off Market Date: 2024-10-03 Under Contract Date: 2024-09-09 Close of Escrow Date: 2024-10-07 Sold Price: $818,750

Property Features

Special Listing Cond: N/A Existing Land Use: Commercial Lot Zoned Presently: Multi-Family Parcel Size: .50 - .99 Acres Development Status: Plans Available Railroad: Railroad 1 - 5 Miles Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: SW Gas Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: On Property Distance to Sewer: Under 350 Feet Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable New Financing: Cash; Conventional; No Carry Environmental: None Lockbox Type: None Fencing: None
Listing Office: Realty ONE Group
IDX
Last Updated: October - 08 - 2024
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