1965 S ALMA SCHOOL Road S, Chandler, AZ 85286
$1,750,000
Property Type:
Comm/Industry Sale
Square Footage:
6,051
Lot Size (sq. ft.):
24,299
Status:
Closed
Current Price:
$1,750,000
List Date:
9/01/2023
Last Modified:
11/13/2025
Overview
Description
Listing Details MLS# 6599760
Location, Tax & Legal
- House Number
- 1965
- Compass
- S
- Street Name
- ALMA SCHOOL
- St Suffix
- Road
- St Dir Sfx
- S
- City/Town Code
- Chandler
- State/Province
- AZ
- Zip Code
- 85286
- Zip4
- 7081
- Country
- US
- County Code
- Maricopa
- Subdivision
- ALMA SCHOOL CENTER NO 2
- Assessor Number
- 303-27-241
- Tax Year
- 2022
- Assessor's Map #
- 27
- Legal Description (Abbrev)
- LOT 4 ALMA SCHOOL CENTER NO 2 MCR 057628
- Assessor's Parcel #
- 241
- Add'l Parcels
- No
- Tax Municipality
- Chandler
- Census Tract
- 812000
- Taxes
- 15933
- Tax District
- Mar
- Legal
- LOT 4 ALMA SCHOOL CENTER NO 2 MCR 057628
- Marketing Name
- Alma School Center
Contract Info
- Ownership
- Fee Simple
General Property Description
- Type of Property
- Commercial strip center
- Ttl Apx SqFt Bldg
- 6051
- Ttl Apx Net Rnt Spc
- 6000
- # of Buildings
- Yes
- Lot Size Dimensions
- 189 x 131.5
- Year Built
- 2001
- Uncvrd Parking Spcs
- 23
- Zoning
- Commercial
- Flood Zone
- No
Remarks Misc
- Cross Street
- Alma School and Germann
- Directions
- South of 202 one mile to NE corner of Alma School and Germann, right behind the Walgreens.
Status Change Info
- Off Market Date
- 2023-10-18
- Under Contract Date
- 2023-09-05
- Close of Escrow Date
- 2023-10-17
Legal Info
- Township
- 2S
- Range
- 5E
- Section
- 4
- Lot Number
- 4
More Information
Bay Info
- # of Bays
- 3
Income Expenses
- Gross Annual Sch Inc
- 115800
- Net Operating Income
- 115800
Contact Info
- List Agent Home Phn
- 602-418-5079
Sold Info
- Loan Type
- Other
- Loan Years
- 5
- Payment Type
- Other
- Clsing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Block
- Yes
- Stucco
- Yes
- Wood Frame
- Yes
Roofing
- Built-Up
- Yes
Floors
- Concrete
- Yes
- Other
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 115800
Building Type
- Commercial
- Yes
Business Type
- Mixed
- Yes
- Service Business
- Yes
- Retail
- Yes
- Other
- Yes
Stories
- 1 Story
- Yes
Pmt & Rate Info
- Cap Rate
- 6.62
- Down Payment
- 0
- Equity
- 1750000
- 1st Encumbrance
- 0
- 1st Interest Rate
- 0
- 1st Payment
- 0
- 1st Payment Freq
- None
- 2nd Encumbrance
- 0
- 2nd Payment
- 0
- 2nd Payment Freq
- None
- 3rd Encumbrance
- 0
- 3rd Payment
- 0
- 3rd Payment Freq
- None
- Total Owed
- 0
- Avg Rent P/SqFt
- 19.3
- Assessment Balance
- 0
Lockbox Type
- None
- Yes
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Office A/C
- Yes
- Warehouse Evap
- Yes
Interior Features
- Finished
- Yes
- Fire Sprinklers
- Yes
Loading Facilities
- Grade Level
- Yes
Road Access Type
- Dedicated Street
- Yes
- Private Road
- Yes
Road Surface Type
- Asphalt
- Yes
Exterior
- Building Sign
- Yes
Source of Fincl Data
- Owner
- Yes
- Projected Proforma
- Yes
- Other (See Remarks)
- Yes
Traffic Count
- Unknown
- Yes
Fencing
- Block
- Yes
- Partial
- Yes
Water Source
- City Franchise
- Yes
Freeway/Highway
- Up to 1 Mile
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Private
- Yes
Electric
- APS
- Yes
Gas
- None
- Yes
New Financing
- Cash Only
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Treat as Free&Clear
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Use Restrictions
- Currently Leased
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- None
- Yes
- Other (See Remarks)
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Property Features
Building Type:
Commercial
Business Type:
Mixed; Service Business; Retail; Other
Stories:
1 Story
Construction:
Block; Stucco; Wood Frame
Roofing:
Built-Up
Floors:
Concrete; Other
Ceiling Height:
8.1 Feet to 10 Feet
Cooling:
Office A/C; Warehouse Evap
Loading Facilities:
Grade Level
Interior Features:
Finished; Fire Sprinklers
Exterior:
Building Sign
Fencing:
Block; Partial
Parking Features:
Private
Road Access Type:
Dedicated Street; Private Road
Electric:
APS
Gas:
None
Water Source:
City Franchise
Sewer:
Sewer - Public
New Financing:
Cash Only
Lockbox Type:
None
Source of Fincl Data:
Owner; Projected Proforma; Other (See Remarks)
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 Terms:
Not Applicable
Existing 3rd Loan:
Treat as Free&Clear
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
Road Surface Type:
Asphalt
Traffic Count:
Unknown
Use Restrictions:
Currently Leased
Environmental:
None
Documents
Site Plan ›
Listing Office:
Property Management Real Estate
Last Updated: November - 13 - 2025
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