1219 S McClintock Drive, Tempe, AZ 85281
$1,500,000
Property Type:
Comm/Industry Sale
Square Footage:
4,032
Lot Size (sq. ft.):
41,948
Status:
Closed
Current Price:
$1,500,000
List Date:
12/29/2022
Last Modified:
4/04/2024
Description
Back on market! Buyer could not perform.
Appraised at $1.71M. Huge upside potential!
Excellent investment opportunity! Part of the revitalized Tempe Transit District. Walking distance to light rail, very short drive to Tempe Marketplace, ASU, and more.
Your owner/user could benefit greatly from the gated perimeter, large yard, rollup door to shop, and outdoor fabrication area.
Currently zoned Tempe Commercial Shopping and Services and in the Tempe Transit Overlay District, but may have potential for multifamily or mixed use.
Call for more details or to schedule a showing!
More Information MLS# 6378995
Contract Info
Ownership: Fee Simple
Current Price: $1,500,000
Sold Price: $1,500,000
Status: Closed
List Date: 2022-04-05
Location, Tax & Legal
Assessor's Map #: 66
Assessor's Parcel #: 21
Add'l Parcels: No
Tax Municipality: Tempe
Taxes: 13137
Legal: LOT 11 RANCHO EL DORADO 26-35, 45-53 MCR 003240
Map Code/Grid: R38
House Number: 1219
Compass: S
Street Name: McClintock
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85281
County Code: Maricopa
Subdivision: Rancho El Dorado 26-35, 45-53
Assessor Number: 132-66-021
Tax Year: 2021
General Property Description
Ttl Apx SqFt Bldg: 4032
# of Buildings: 1
Uncvrd Parking Spcs: 14
Year Built: 1985
Zoning: C-SS
Construction
Block: 1
Roofing
Concrete: 1
Floors
Concrete: 1
Bay Info
# of Bay Doors: 1
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: 13137
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Business Type
Professional/Office: 1
Warehouse: 1
Retail: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 0
Equity: 1625000
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Office A/C: 1
Interior Features
Unfinished: 1
Private Restrooms: 1
Loading Facilities
None: 1
Source of Fincl Data
Unknown: 1
Other (See Remarks): 1
Fencing
Block: 1
Chain Link: 1
Water Source
City Franchise: 1
Freeway/Highway
1.1 - 2 Miles: 1
Sewer
Sewer - Public: 1
Parking Features
Fenced: 1
Paved: 1
Electric
SRP: 1
Gas
Other (See Remarks): 1
New Financing
Other (See Remarks): 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Use Restrictions
Currently Leased: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 17500
Seller Concession $/%: $
Remarks Misc
Cross Street: McClintock & Apache
Directions: From 101 & Main St/Apache Blvd, go west on Apache Blvd, north on McClintock Dr. Property is 2nd lot on the right.
Geo Lat: 33.415571
Geo Lon: -111.908435
Status Change Info
Off Market Date: 2024-03-05
Under Contract Date: 2024-02-16
Close of Escrow Date: 2024-03-04
Sold Price: $1,500,000
Legal Info
Township: Tempe
Lot Number: 11
Property Features
Building Type: Commercial; Office
Business Type: Professional/Office; Warehouse; Retail
Stories: 1 Story
Construction: Block
Roofing: Concrete
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: Central Air; Office A/C
Loading Facilities: None
Interior Features: Unfinished; Private Restrooms
Fencing: Block; Chain Link
Parking Features: Fenced; Paved
Electric: SRP
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Lockbox Type: Supra
Source of Fincl Data: Unknown; Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Use Restrictions: Currently Leased
Environmental: None
Listing Office:
LPT Realty, LLC
Last Updated: April - 04 - 2024
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