235 S SIESTA Lane, Tempe, AZ 85288
$900,000
Property Type:
Comm/Industry Sale
Square Footage:
6,657
Lot Size (sq. ft.):
37,422
Status:
Closed
Current Price:
$900,000
List Date:
4/26/2018
Last Modified:
2/22/2024
Overview
Description
Listing Details MLS# 5757151
Location, Tax & Legal
- Map Code/Grid
- R37
- House Number
- 235
- Compass
- S
- Street Name
- SIESTA
- St Suffix
- Lane
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85288
- Zip4
- 3045
- Country
- US
- County Code
- Maricopa
- Subdivision
- EATON UNIVERSITY INDUSTRIAL PARK
- Assessor Number
- 132-37-118-A
- Tax Year
- 2017
- Assessor's Map #
- 37
- Legal Description (Abbrev)
- LOT 103 EATON UNIVERSITY INDUSTRIAL PARK MCR 017448
- Assessor's Parcel #
- 118
- Assessor Parcel Ltr
- A
- Add'l Parcels
- No
- Tax Municipality
- Maricopa - COUNTY
- Census Tract
- 318400
- Taxes
- 10037
- Legal
- LOT 103 EATON UNIVERSITY INDUSTRIAL PARK MCR 017448
Contract Info
- Ownership
- Fee Simple
General Property Description
- Ttl Apx SqFt Bldg
- 6657
- # of Buildings
- Yes
- Year Built
- 1986
- Uncvrd Parking Spcs
- 47
- Zoning
- I-1 Light Indus
Remarks Misc
- Cross Street
- 101 Freeway and Rio Salado Parkway
- Directions
- From Rio Salado and the 101, go west to Siesta Lane. Go south on Siesta to property. *PLEASE DO NOT DISTURB BUSINESS.
Status Change Info
- Off Market Date
- 2018-12-05
- Under Contract Date
- 2018-12-05
- Close of Escrow Date
- 2018-12-28
Legal Info
- Township
- 1N
- Range
- 4E
- Section
- 13
- Lot Number
- 103
More Information
Bay Info
- # of Bays
- 6
- # of Bay Doors
- 6
Income Expenses
- Gross Annual Sch Inc
- 620506
- Net Operating Income
- 124000
Contact Info
- List Agent Home Phn
- 602-647-4900
Sold Info
- Loan Type
- Carryback
- Loan Years
- 10
- Payment Type
- Fixed
- Clsing Cost Split
- Normal - N
- Buyer Concession $/%
- %
- Seller Concession $/%
- %
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Block
- Yes
- Wood Frame
- Yes
Roofing
- Foam
- Yes
- Rolled
- Yes
Floors
- Concrete
- 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
- Operating Exp
- 10037
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 620506
Building Type
- Commercial
- Yes
- Industrial
- Yes
- Office
- Yes
Business Type
- Service Business
- Yes
- Automobile
- Yes
- Professional/Office
- Yes
Stories
- 2 Stories
- Yes
Pmt & Rate Info
- Cap Rate
- 10.55
- Down Payment
- 1238900
- Equity
- 1175000
- Total Owed
- 0
- Assessment Balance
- 0
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
- 14.1 Feet to 16 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
- Office A/C
- Yes
- Warehouse Evap
- Yes
Interior Features
- Finished
- Yes
- Alarm System
- Yes
- Phone System
- Yes
Loading Facilities
- Grade Level
- Yes
Road Surface Type
- Asphalt
- Yes
Exterior
- Curb(s) & Gutter(s)
- Yes
- Building Sign
- Yes
- Sidewalk(s)
- Yes
Source of Fincl Data
- Accountant
- Yes
Traffic Count
- Up to 5,000
- Yes
Fencing
- Block
- Yes
Water Source
- City Franchise
- Yes
Freeway/Highway
- Up to 1 Mile
- Yes
Building Features
- Reception Room
- Yes
- Kitchen
- Yes
Sewer
- Sewer - Public
- Yes
Railroad
- RlRd up to 1 Mile
- Yes
Parking Features
- Fenced
- Yes
- Private
- Yes
- Paved
- Yes
Electric
- SRP
- Yes
- 220 Volts
- Yes
Gas
- None
- Yes
New Financing
- Cash Only
- Yes
- 1031 Exchange
- 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 Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- 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:
Commercial; Industrial; Office
Business Type:
Service Business; Automobile; Professional/Office
Stories:
2 Stories
Construction:
Block; Wood Frame
Roofing:
Foam; Rolled
Floors:
Concrete
Ceiling Height:
8.1 Feet to 10 Feet; 14.1 Feet to 16 Feet
Cooling:
Central Air; Office A/C; Warehouse Evap
Loading Facilities:
Grade Level
Interior Features:
Finished; Alarm System; Phone System
Exterior:
Curb(s) & Gutter(s); Building Sign; Sidewalk(s)
Fencing:
Block
Building Features:
Reception Room; Kitchen
Parking Features:
Fenced; Private; Paved
Electric:
SRP; 220 Volts
Gas:
None
Water Source:
City Franchise
Sewer:
Sewer - Public
Railroad:
RlRd up to 1 Mile
New Financing:
Cash Only; 1031 Exchange
Source of Fincl Data:
Accountant
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 Othr Ln Trm:
Not Applicable
Road Surface Type:
Asphalt
Traffic Count:
Up to 5,000
Environmental:
None
Listing Office:
My Home Group Real Estate
Last Updated: February - 22 - 2024
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.