2423 E Apache Boulevard -, Tempe, AZ 85288
$1,470,000
Property Type:
Land
Lot Size (sq. ft.):
41,460
Status:
Closed
Current Price:
$1,470,000
List Date:
10/27/2018
Last Modified:
2/17/2023
Description
*Multi-Family Development Opportunity* This property is close to the Price Freeway and only steps away from the Price/101 Station of the Light Rail.
It has been previously occupied as a retail flower shop and has great potential for a new development of apartment or flex buildings. With the property being only a 4 mile Light Rail ride from ASU, 1 1/2 miles from Mesa Community College and Banner Desert Medical Center it can suit various business opportunities
More Information MLS# 5839248
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $1,470,000
Sold Price: $1,470,000
Status: Closed
List Date: 2018-10-26
Location, Tax & Legal
Lot #: -
Assessor's Map #: 35
Legal Description (Abbrev): TH POR SW4 SEC 19 DAF COM AT NW COR SW4 SD SEC 19 TH E 1598F TH S 50F TO POB TH CONT S 163.76F TH E
Assessor's Parcel #: 34
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 319300
Taxes: 6898
Map Code/Grid: R38
House Number: 2423
Compass: E
Street Name: Apache
St Suffix: Boulevard
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85288
County Code: Maricopa
Assessor Number: 134-35-034-C
Tax Year: 2018
General Property Description
Apx Total Acres: 0.95
Apx Total Acres G/N: G
Price Per Acre: 1526315.79
Apx SqFt: 41460
Price Per SqFt: 34.97
Apx SqFt G/N: G
Lot Size Dimensions: IRR
Zoning: Commercial
Legal Info
Range: 5E
Section: 19
Township: 1N
Lot Number: -
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 1450000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Lockbox Type
None: 1
Existing Land Use
Commercial Acreage: 1
Zoned Presently
Multi-Family: 1
Commercial: 1
Potential Use
Multi-Family: 1
Commercial: 1
Parcel Size
.50 - .99 Acres: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Electric
SRP: 1
Gas
None: 1
Distance to Cable
On Property: 1
New Financing
Cash: 1
Cash to Loan: 1
Conventional: 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
None: 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
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-451-3684
Existing Other Loan
Not Applicable: 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Price Freeway & Apache Blvd
Directions: On SW corner of Price Road and Apache Boulevard
Geo Lat: 33.414423
Geo Lon: -111.886223
Status Change Info
Off Market Date: 2022-05-05
Under Contract Date: 2022-04-27
Close of Escrow Date: 2022-06-09
Sold Price: $1,470,000
Property Features
Special Listing Cond: N/A
Existing Land Use: Commercial Acreage
Zoned Presently: Multi-Family; Commercial
Potential Use: Multi-Family; Commercial
Parcel Size: .50 - .99 Acres
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: None
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; Cash to Loan; Conventional
Environmental: None
Lockbox Type: None
Listing Office:
LRA Real Estate Group, LLC
Last Updated: February - 17 - 2023
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