1020 E GILBERT Drive, Tempe, AZ 85288

$475,000
Property Type: Comm/Industry Sale Square Footage: 2,433 Lot Size (sq. ft.): 24,045 Status: Closed
Current Price: $475,000 List Date: 5/20/2017 Last Modified: 8/04/2022

Overview

Description

Great location with 202 Visual Frontage from Gilbert Rd!!! Large (over 2400 sq ft) Garage/Shop with Office Space and 3 bay garage (one drive thru bay). 2 additional parking canopies. This fenced property has water/garbage service via City of Tempe but is part of an unincorporated island with Maricopa County. So many business opportuniti- Do Not Disturb--Appt Onlyes! No sign on property -.

Listing Details MLS# 5608744

Location, Tax & Legal

Map Code/Grid
Q37
House Number
1020
Compass
E
Street Name
GILBERT
St Suffix
Drive
City/Town Code
Tempe
State/Province
AZ
Zip Code
85288
Zip4
2104
Country
US
County Code
Maricopa
Subdivision
FRUITLAND FARMS 1-8
Assessor Number
132-19-012-C
Tax Year
2016
Assessor's Map #
19
Legal Description (Abbrev)
LOT 7 FRUITLAND FARMS 1-8 MCR 004007
Assessor's Parcel #
12
Assessor Parcel Ltr
C
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
318400
Taxes
3571.5
Legal
LOT 7 FRUITLAND FARMS 1-8 MCR 004007

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
2433
# of Buildings
Yes
Year Built
1974
Uncvrd Parking Spcs
25
Zoning
IND-2

Remarks Misc

Cross Street
Scottsdale Road and 202 Freeway
Directions
North on Scottsdale Road, Right on Gilbert Drive

Status Change Info

Off Market Date
2017-07-08
Under Contract Date
2017-06-23
Close of Escrow Date
2017-07-05

Legal Info

Lot Number
7

More Information

Sold Info

Loan Type
Cash
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Metal
Yes

Roofing

Metal
Yes

Floors

Concrete
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Operating Exp
3571.5
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Commercial
Yes
Industrial
Yes
Office
Yes
Manufacturing
Yes
Distribution/Warehouse
Yes

Business Type

Mixed
Yes
Service Business
Yes
Automobile
Yes
Professional/Office
Yes
Warehouse
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Down Payment
0
Equity
525000
Total Owed
0
Assessment Balance
0

Ceiling Height

16.1 Feet to 28 Feet
Yes

Heating

None
Yes

Cooling

Other
Yes
See Remarks
Yes

Interior Features

Security System
Yes
Security Camera(s)
Yes
Alarm System
Yes
Phone System
Yes
Private Restrooms
Yes
Public Restrooms
Yes

Loading Facilities

Drive-in Door(s)
Yes

Exterior

Security Camera(s)
Yes

Source of Fincl Data

Owner
Yes

Fencing

Chain Link
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Frontage
Yes
Up to 1 Mile
Yes

Sewer

Septic Tank
Yes

Railroad

Other (See Remarks)
Yes

Parking Features

Fenced
Yes
Parking Lot
Yes
Paved
Yes

Electric

APS
Yes

Gas

None
Yes

New Financing

1031 Exchange
Yes
Sale/Leaseback
Yes

Special

Unincorporated Area
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Treat as Free&Clear
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Treat as Free&Clear
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Building Type: Commercial; Industrial; Office; Manufacturing; Distribution/Warehouse Business Type: Mixed; Service Business; Automobile; Professional/Office; Warehouse Stories: 1 Story Construction: Metal Roofing: Metal Floors: Concrete Ceiling Height: 16.1 Feet to 28 Feet Heating: None Cooling: Other; See Remarks Loading Facilities: Drive-in Door(s) Interior Features: Security System; Security Camera(s); Alarm System; Phone System; Private Restrooms; Public Restrooms Exterior: Security Camera(s) Fencing: Chain Link Parking Features: Fenced; Parking Lot; Paved Electric: APS Gas: None Water Source: City Franchise Sewer: Septic Tank Railroad: Other (See Remarks) New Financing: 1031 Exchange; Sale/Leaseback Special: Unincorporated Area Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Environmental: None
IDX
Listing Office: Kimberley Wimberley Real Estate
Last Updated: August - 04 - 2022
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