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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
Last Updated: November - 25 - 2021
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