2152 E CEDAR Street, Tempe, AZ 85281 (MLS# 6123566)

2152 E CEDAR Street, Tempe, AZ 85281

$2,100,000

Property Type: Comm/Industry Sale Square Footage: 15,201 Lot Size (sq. ft.): 43,560 Status: Closed

Current Price: $2,100,000 List Date: 8/27/2020 Last Modified: 2/13/2025

Description

Versatile industrial building in a prime location. The current building is split into two spaces, but can easily be single use or multi use. Features include: ±10,000 SF Warehouse 22' Clear Height (2) 12' x 14' Grade Level Doors (1) 10' x 10' Grade Level Door Potential Fenced Yard (40) Parking Stalls Zoned I-2 (City of Tempe) Floor Drains New 20-Year Roof (2013) 30KW Back Up Generator Raised Floor Server Room 800 Amps, 120/208 Volts, 3 Phase Power Easy Access to Loop 101, US-60 and Loop 202

More Information MLS# 6123566

Contract Info

Ownership: Fee Simple Current Price: $2,100,000 Sold Price: $2,100,000 Status: Closed List Date: 2020-08-27

Location, Tax & Legal

Assessor's Map #: 1 Legal Description (Abbrev): LOT 6 PRICE ROAD BUSINESS PARK PHASE 1 MCR 024741 Assessor's Parcel #: 428 Add'l Parcels: No Tax Municipality: Tempe Census Tract: 319202 Taxes: 20040 Legal: LOT 6 PRICE ROAD BUSINESS PARK PHASE 1 MCR 024741 Map Code/Grid: R37 House Number: 2152 Compass: E Street Name: CEDAR St Suffix: Street City/Town Code: Tempe State/Province: AZ Zip Code: 85281 Zip4: 7430 County Code: Maricopa Subdivision: PRICE ROAD BUSINESS PARK PHASE 1 Assessor Number: 133-01-428 Tax Year: 2019

General Property Description

Ttl Apx SqFt Bldg: 15201 # of Buildings: 1 Uncvrd Parking Spcs: 40 Year Built: 1997 Zoning: I2

Legal Info

Range: 4E Section: 24 Township: 1N Lot Number: 6

Construction

Block: 1

Roofing

Foam: 1

Floors

Concrete: 1 Sealed: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 159600

Building Type

Commercial: 1 Industrial: 1

Business Type

Automobile: 1 Professional/Office: 1 Warehouse: 1

Stories

2 Stories: 1

Pmt & Rate Info

Cap Rate: 4.76 Equity: 2100000 Total Owed: 0

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

10.1 Feet to 12 Feet: 1 12.1 Feet to 14 Feet: 1

Heating

Warehouse Heated: 1

Cooling

Warehouse A/C: 1

Interior Features

Finished: 1 Private Restrooms: 1

Loading Facilities

None: 1

Source of Fincl Data

Owner: 1

Fencing

Block: 1

Water Source

Other: 1

Sewer

Sewer - Public: 1

Parking Features

Private: 1

Electric

Over 220 Amp: 1 3 Phase Power: 1

Gas

Other (See Remarks): 1

New Financing

Cash Only: 1 Cash to Loan: 1

Existing 1st Loan

Treat as Free&Clear: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Sold Info

Loan Type: Cash Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 10000 Seller Concession $/%: $

Remarks Misc

Cross Street: Price & Broadway Geo Lat: 33.412498 Geo Lon: -111.893866

Status Change Info

Off Market Date: 2020-11-21 Under Contract Date: 2020-10-01 Close of Escrow Date: 2020-12-17 Sold Price: $2,100,000

Income Expenses

Gross Annual Sch Inc: 159600 Net Operating Income: 100000

Property Features

Building Type: Commercial; Industrial Business Type: Automobile; Professional/Office; Warehouse Stories: 2 Stories Construction: Block Roofing: Foam Floors: Concrete; Sealed Ceiling Height: 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet Heating: Warehouse Heated Cooling: Warehouse A/C Loading Facilities: None Interior Features: Finished; Private Restrooms Fencing: Block Parking Features: Private Electric: Over 220 Amp; 3 Phase Power Gas: Other (See Remarks) Water Source: Other Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Environmental: None

Listing Office: Perk Prop Real Estate

Last Updated: February - 13 - 2025