2621 S RURAL Road, Tempe, AZ 85282

$2,100,000
Property Type: Comm/Industry Sale Square Footage: 7,407 Lot Size (sq. ft.): 48,874 Status: Closed
Current Price: $2,100,000 List Date: 6/26/2022 Last Modified: 4/16/2025

Description

Masterfully built 7,406 square foot red brick masonry and tile roof on the North East corner of Alameda and South Rural Road. Features include spacious interior that can be configured for your needs, Three Roll up garage doors and a spacious garage with deep parking spaces and plenty of utility space that can be converted to interior space if need be. Rural Rd has excellent traffic counts with strong commercial demographics!. Large 1.12 Acre lot, 64 parking spaces are conducive to Multiple property uses such as Medical Offices/Clinics, Office Service, Worship Centers, Retail Sales, Daycare Center, Charter School, Restaurant/Brewery, and more. Building is currently operated as a Mortuary, the business is not included in the sale and Do Not Disturb Tenant. By Appointment Only!

More Information MLS# 6424511

Contract Info

Ownership: Fee Simple Current Price: $2,100,000 Sold Price: $2,100,000 Status: Closed List Date: 2022-06-26

Location, Tax & Legal

Assessor's Map #: 42 Legal Description (Abbrev): PT S2 SW4 NW4 E 246' OF W 290' EX N 411' & EX S 40F EX W 4F FOR RD & EX RD P/F 90-474381 Assessor's Parcel #: 142 Assessor Parcel Ltr: C Add'l Parcels: No Tax Municipality: Tempe Census Tract: 319500 Taxes: 30057 Legal: PT S2 SW4 NW4 E 246' OF W 290' EX N 411' & EX S 40F EX W 4F FOR RD & EX RD P/F 90-474381 Map Code/Grid: R37 House Number: 2621 Compass: S Street Name: RURAL St Suffix: Road City/Town Code: Tempe State/Province: AZ Zip Code: 85282 Zip4: 2430 County Code: Maricopa Assessor Number: 133-42-142-C Tax Year: 2021

General Property Description

Type of Property: Commercial Ttl Apx SqFt Bldg: 7407 # of Buildings: 1 Uncvrd Parking Spcs: 57 Flood Zone: No Year Built: 1991 Zoning: CSS

Legal Info

Range: 4E Section: 26 Township: 1N Lot Number: C

Construction

Brick: 1

Roofing

Tile: 1

Floors

Ceramic Tile: 1 Carpet: 1

Bay Info

# of Bays: 3 # of Bay Doors: 3

Income & Expenses

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

Building Type

Commercial: 1 Industrial: 1 Office: 1 Distribution/Warehouse: 1 Other (See Remarks): 1

Business Type

Service Business: 1 Religious Facility: 1 See Remarks: 1

Stories

1 Story: 1

Pmt & Rate Info

Equity: 2250000 Total Owed: 0

Lockbox Type

None: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Electric: 1

Cooling

Central Air: 1

Interior Features

Finished: 1 Fire Sprinklers: 1 Private Restrooms: 1 Public Restrooms: 1

Loading Facilities

Grade Level: 1 Drive-in Door(s): 1

Exterior

Corner Lot: 1 Dual Street Ftg: 1 Sprinkler System-Ground: 1 Landscaping: 1 Building Sign: 1 Monument Sign: 1

Source of Fincl Data

Owner: 1

Traffic Count

35,001 to 50,000: 1

Fencing

Block: 1

Water Source

City Franchise: 1

Freeway/Highway

1.1 - 2 Miles: 1

Building Features

Conference Room: 1 Showroom: 1 Showers - Office: 1

Sewer

Sewer - Public: 1

Parking Features

Fenced: 1 Private: 1 Paved: 1

Electric

City Electric: 1 Over 220 Amp: 1

Gas

None: 1

New Financing

Cash Only: 1 1031 Exchange: 1

Use Restrictions

Currently Leased: 1

Reports/Disclosures

None: 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: 30000 Seller Concession $/%: $

Remarks Misc

Cross Street: Rural and Alameda Directions: From the US 60- North from US 60, continue North passing Sothern Avenue to the next traffic signal which will be Alameda. The property is located on the NE Corner of Rural and Alameda Geo Lat: 33.400639 Geo Lon: -111.925724

Status Change Info

Off Market Date: 2022-10-29 Under Contract Date: 2022-09-01 Close of Escrow Date: 2022-10-27 Sold Price: $2,100,000

Property Features

Building Type: Commercial; Industrial; Office; Distribution/Warehouse; Other (See Remarks) Business Type: Service Business; Religious Facility; See Remarks Stories: 1 Story Construction: Brick Roofing: Tile Floors: Ceramic Tile; Carpet Ceiling Height: 8.1 Feet to 10 Feet Cooling: Central Air Loading Facilities: Grade Level; Drive-in Door(s) Interior Features: Finished; Fire Sprinklers; Private Restrooms; Public Restrooms Exterior: Corner Lot; Dual Street Ftg; Sprinkler System-Ground; Landscaping; Building Sign; Monument Sign Fencing: Block Building Features: Conference Room; Showroom; Showers - Office Parking Features: Fenced; Private; Paved Electric: City Electric; Over 220 Amp Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; 1031 Exchange Lockbox Type: None Source of Fincl Data: Owner Traffic Count: 35,001 to 50,000 Use Restrictions: Currently Leased Environmental: None
Listing Office: Rex Reeb & Associates
IDX
Last Updated: April - 16 - 2025
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