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

Overview

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!

Listing Details MLS# 6424511

Location, Tax & Legal

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
Country
US
County Code
Maricopa
Assessor Number
133-42-142-C
Tax Year
2021
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

Contract Info

Ownership
Fee Simple

General Property Description

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

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

Status Change Info

Off Market Date
2022-10-29
Under Contract Date
2022-09-01
Close of Escrow Date
2022-10-27

Legal Info

Township
1N
Range
4E
Section
26
Lot Number
C

More Information

Bay Info

# of Bays
3
# of Bay Doors
3

Sold Info

Loan Type
Cash
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession to Buyer
30000
Seller Concession $/%
$
Buyer Concession to Seller
0

Construction

Brick
Yes

Roofing

Tile
Yes

Floors

Ceramic Tile
Yes
Carpet
Yes

Income & Expenses

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

Building Type

Commercial
Yes
Industrial
Yes
Office
Yes
Distribution/Warehouse
Yes
Other (See Remarks)
Yes

Business Type

Service Business
Yes
Religious Facility
Yes
See Remarks
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Equity
2250000
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes

Interior Features

Finished
Yes
Fire Sprinklers
Yes
Private Restrooms
Yes
Public Restrooms
Yes

Loading Facilities

Grade Level
Yes
Drive-in Door(s)
Yes

Exterior

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

Source of Fincl Data

Owner
Yes

Traffic Count

35,001 to 50,000
Yes

Fencing

Block
Yes

Water Source

City Franchise
Yes

Freeway/Highway

1.1 - 2 Miles
Yes

Building Features

Conference Room
Yes
Showroom
Yes
Showers - Office
Yes

Sewer

Sewer - Public
Yes

Parking Features

Fenced
Yes
Private
Yes
Paved
Yes

Electric

City Electric
Yes
Over 220 Amp
Yes

Gas

None
Yes

New Financing

Cash Only
Yes
1031 Exchange
Yes

Use Restrictions

Currently Leased
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

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
IDX
Listing Office: Rex Reeb & Associates
Last Updated: April - 16 - 2025
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