1400 S Higley Road -, Gilbert, AZ 85296
$2,324,742
Property Type:
Land
Lot Size (sq. ft.):
191,306
Status:
Closed
Current Price:
$2,324,742
List Date:
3/02/2017
Last Modified:
12/09/2024
Description
Freeway interchange land for sale in Gilbert, AZ. General Commercial (GC) Gilbert, AZ Zoning Ordinance #2364 - Mix Use Commercial including Residential Lofts and/or Work Units, Retail, Hotels, Medical, and Office. 55 feet height on most of the site. Very unique signage is allowed, including marquee signage and vernacular architecture, and the site has reduced setbacks for better planning. The land is part of Agritopia Master Planned Community. Note the loft units are a residential unit above a nonresidential use. Master HOA fees to be calculated and supplied during escrow. Owner currently uses the land to grow citrus trees to be conveyed with land at close of escrow.
More Information MLS# 5440405
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $2,324,742
Sold Price: $2,324,742
Status: Closed
List Date: 2016-05-09
Location, Tax & Legal
Lot #: -
Assessor's Map #: 27
Assessor's Parcel #: 13
Assessor Parcel Ltr: M
Add'l Parcels: No
Tax Municipality: Gilbert
Taxes: 567.08
Marketing Name: Agritopia Village North
Map Code/Grid: T40
House Number: 1400
Compass: S
Street Name: Higley
St Suffix: Road
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85296
County Code: Maricopa
Assessor Number: 304-27-013-M
Tax Year: 2014
General Property Description
Apx Total Acres: 4.39
Apx Total Acres G/N: N
Price Per Acre: 729925.97
Apx SqFt: 191306
Price Per SqFt: 16.75
Apx SqFt G/N: N
Lot Size Dimensions: Approx. 297' x 600'
Horses: N
Street Frontage: 600
Zoning: Gen. Commercial
Legal Info
Range: 6E
Section: 22
Township: 1S
Lot Number: -
Special Listing Cond
Owner/Agent: 1
Pmt & Rate Info
Equity: 3204375
Total Owed: 0
Assoc/Prop Info
HOA Y/N: Y
HOA Transfer Fee: 0
HOA Fee: 25
HOA Paid (Freq): Monthly
HOA Name: Agritopia Master
HOA Telephone: 602-957-9191
PAD Fee Y/N: Y
PAD Fee: 0
PAD Paid (Freq): Monthly
Assessed Balance: 0
HOA 2 Y/N: N
Existing Land Use
Commercial Lot: 1
Commercial Acreage: 1
Other (See Rmks): 1
Zoned Presently
Multi-Family: 1
Existing P.A.D.: 1
Commercial: 1
Agricultural: 1
Office: 1
Shopping/Retail Cntr: 1
Hotel/Motel: 1
Other (See Rmks): 1
Potential Use
Other: 1
See Remarks: 1
Parcel Size
2.50 - 4.99 Acres: 1
Development Status
Off Site Imp Complte: 1
Land Features
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
Vegetation
Orchrd/Grve/Vineyrd: 1
Land Configuration
Square Rectangular: 1
Traffic Count
25,001 to 35,000: 1
Water Source
City Franchise: 1
Irrigation - Drip: 1
Freeway/Highway
Frontage: 1
Access: 1
Other (See Rmks): 1
Sewer
Sewer - Public: 1
Electric
SRP: 1
Topography
Level: 1
Gas
SW Gas: 1
Existing Structures
None: 1
Distance to Cable
On Property: 1
New Financing
Cash: 1
Distance to Phone
On Property: 1
Distance to Water
On Property: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
On Property: 1
Existing 1st Loan Type
Not Applicable: 1
Distance to Gas
On Property: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
On Property: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
C.C. & R's: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
ALTA Survey Alba: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Other Loan
Not Applicable: 1
Sold Info
Loan Type: Cash
Closing Cost Split: Buyer - B
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: SWC Santan Freeway (Loop 202) & Higley Rd.
Directions: SWC Santan Freeway (Loop 202) & Higley Rd.
Geo Lat: 33.326056
Geo Lon: -111.721933
Status Change Info
Off Market Date: 2017-03-02
Under Contract Date: 2016-06-30
Close of Escrow Date: 2017-08-17
Sold Price: $2,324,742
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Commercial Lot; Commercial Acreage; Other (See Rmks)
Zoned Presently: Multi-Family; Existing P.A.D.; Commercial; Agricultural; Office; Shopping/Retail Cntr; Hotel/Motel; Other (See Rmks)
Potential Use: Other; See Remarks
Parcel Size: 2.50 - 4.99 Acres
Development Status: Off Site Imp Complte
Land Features: Curb(s) & Gutter(s); Sidewalk(s)
Vegetation: Orchrd/Grve/Vineyrd
Land Configuration: Square Rectangular
Traffic Count: 25,001 to 35,000
Topography: Level
Existing Structures: None
Water Source: City Franchise; Irrigation - Drip
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
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 Other Loan: Not Applicable
New Financing: Cash
Use Restrictions: C.C. & R's
Environmental: None
Listing Office:
Kax Group, L.L.C.
Last Updated: December - 09 - 2024
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