1341 S RIVER Drive, Tempe, AZ 85281

$1,750,000
Property Type: Comm/Industry Sale Lot Size (sq. ft.): 58,207 Status: Closed
Current Price: $1,750,000 List Date: 5/13/2019 Last Modified: 11/25/2021

Description

Excellent opportunity to purchase properties in prime Tempe location. 2 Lots - Assessor Numbers 133-02-028 and 133-02-030., approximately 1.33 acres. Redevelopment zone with several projects , some having already been completed and many more in the planning stages. Valley Metro Light Rail System Corridor developments are subject to the City of Tempe approval: High Density Residential, Apartment Complex, Mixed _Use Development, Commercial General Use Shopping Center. Two lots being sold as-is, where-is, any and all structures are incidental to property and Seller makes no express of implied warranties, whatsoever. Reynolds Trailor Park business open. Drive-by, do not disturb guests, direct all inquiries to Listing Broker.

More Information MLS# 5925006

Contract Info

Ownership: Fee Simple Current Price: $1,750,000 Sold Price: $1,750,000 Status: Closed List Date: 2019-04-28

Location, Tax & Legal

Assessor's Map #: 2 Legal Description (Abbrev): BUENA PARK TR B W 101.87' Assessor's Parcel #: 30 Add'l Parcels: Yes Tax Municipality: Tempe Census Tract: 319202 Taxes: 6033 Tax District: Tempe Legal: BUENA PARK TR B W 101.87' Marketing Name: Reynolds Trailer Court Map Code/Grid: R37 House Number: 1341 Compass: S Street Name: RIVER St Suffix: Drive City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 4839 County Code: Maricopa Subdivision: BUENA PARK Assessor Number: 133-02-030 Tax Year: 2018

General Property Description

Type of Property: Trailer Court Ttl Apx SqFt Bldg: 0 # of Buildings: 0 Uncvrd Parking Spcs: 20 Lot Size Dimensions: 205 x 282 Year Built: 1945 Zoning: R4

Legal Info

Range: 4E Section: 24 Township: 1N

Construction

Other: 1

Roofing

Other: 1

Floors

Other: 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 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Other (See Remarks): 1

Business Type

Other: 1 See Remarks: 1

Stories

Other (See Remarks): 1

Pmt & Rate Info

Down Payment: 0 Equity: 1900000 Total Owed: 0 Assessment Balance: 0

Ceiling Height

8 Feet or Less: 1

Heating

Electric: 1 Natural Gas: 1

Cooling

None: 1

Interior Features

Other (See Remarks): 1

Loading Facilities

None: 1

Road Access Type

Dedicated Street: 1

Road Surface Type

Asphalt: 1

Exterior

Corner Lot: 1 Dual Street Ftg: 1

Source of Fincl Data

Owner: 1

Traffic Count

15,001 to 25,000: 1

Fencing

None: 1

Water Source

City Franchise: 1

Freeway/Highway

1.1 - 2 Miles: 1

Building Features

Other (See Remarks): 1

Sewer

Sewer - Public: 1

Railroad

Rail Served: 1

Parking Features

Other: 1

Electric

APS: 1 City Electric: 1 Master Meter: 1

Gas

SW Gas: 1

New Financing

Cash Only: 1

Special

Economic Redvlpmnt: 1

Existing 1st Loan

Private: 1

Existing 1st Loan Type

Fixed: 1

Existing 1st Loan Terms

Not Applicable: 1

Existing 2nd Loan

Other (See Remarks): 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Other (See Remarks): 1

Use Restrictions

Airport Flight Zone: 1 Other (See Remarks): 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Sold Info

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

Remarks Misc

Cross Street: Apache Blvd & River Drrive Directions: From Apache Blvd & McClintock Dr. go East along Apache Blvd to River Drive (traffic lights), go South to Wildermuth Avenue. Property is hard corner NEC of River & Wildermuth. Geo Lat: 33.413426 Geo Lon: -111.89594

Status Change Info

Off Market Date: 2020-03-25 Under Contract Date: 2019-11-29 Close of Escrow Date: 2021-11-24 Sold Price: $1,750,000

Property Features

Building Type: Other (See Remarks) Business Type: Other; See Remarks Stories: Other (See Remarks) Construction: Other Roofing: Other Floors: Other Ceiling Height: 8 Feet or Less Heating: Natural Gas Cooling: None Loading Facilities: None Interior Features: Other (See Remarks) Exterior: Corner Lot; Dual Street Ftg Fencing: None Building Features: Other (See Remarks) Parking Features: Other Road Access Type: Dedicated Street Electric: APS; City Electric; Master Meter Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public Railroad: Rail Served New Financing: Cash Only Special: Economic Redvlpmnt Source of Fincl Data: Owner Existing 1st Loan: Private Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Traffic Count: 15,001 to 25,000 Use Restrictions: Airport Flight Zone; Other (See Remarks) Environmental: None

Documents

Listing Office: Titan Properties
IDX
Last Updated: November - 25 - 2021
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