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

Overview

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.

Listing Details MLS# 5925006

Location, Tax & Legal

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
Country
US
County Code
Maricopa
Subdivision
BUENA PARK
Assessor Number
133-02-030
Tax Year
2018
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

Contract Info

Ownership
Fee Simple

General Property Description

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

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.

Status Change Info

Off Market Date
2020-03-25
Under Contract Date
2019-11-29
Close of Escrow Date
2021-11-24

Legal Info

Township
1N
Range
4E
Section
24

More Information

Sold Info

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

Construction

Other
Yes

Roofing

Other
Yes

Floors

Other
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
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
0

Building Type

Other (See Remarks)
Yes

Business Type

Other
Yes
See Remarks
Yes

Stories

Other (See Remarks)
Yes

Pmt & Rate Info

Down Payment
0
Equity
1900000
Total Owed
0
Assessment Balance
0

Ceiling Height

8 Feet or Less
Yes

Heating

Electric
Yes
Natural Gas
Yes

Cooling

None
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

None
Yes

Road Access Type

Dedicated Street
Yes

Road Surface Type

Asphalt
Yes

Exterior

Corner Lot
Yes
Dual Street Ftg
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

15,001 to 25,000
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Freeway/Highway

1.1 - 2 Miles
Yes

Building Features

Other (See Remarks)
Yes

Sewer

Sewer - Public
Yes

Railroad

Rail Served
Yes

Parking Features

Other
Yes

Electric

APS
Yes
City Electric
Yes
Master Meter
Yes

Gas

SW Gas
Yes

New Financing

Cash Only
Yes

Special

Economic Redvlpmnt
Yes

Existing 1st Loan

Private
Yes

Existing 1st Loan Type

Fixed
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Other (See Remarks)
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Use Restrictions

Airport Flight Zone
Yes
Other (See Remarks)
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: 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

View Document Plat Map ›
IDX
Listing Office: Titan Properties
Last Updated: November - 25 - 2021
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