3920 S Alma School Road 4, Chandler, AZ 85248
$885,000
Property Type:
Comm/Industry Sale
Square Footage:
2,714
Lot Size (sq. ft.):
10,910
Status:
Closed
Current Price:
$885,000
List Date:
8/28/2023
Last Modified:
11/18/2023
Description
Highly desired Ocotillo location for Professional Office or Medical space. Great owner/occupant space or investment opportunity. Beautiful views of Ocotillo Golf Course. Professionally managed buildings with fountains and covered parking. One mile from Intel and high-tech corridor in Chandler. Current build out is professional office. with Kitchen, computer room, rest rooms and individual offices. This unit may be purchased with 3930 S Alma School #10 for an additional 2722 square feet.
More Information MLS# 6598160
Contract Info
Ownership: Fee Simple
Current Price: $885,000
Sold Price: $885,000
Status: Closed
List Date: 2023-08-28
Location, Tax & Legal
Unit #: 4
Assessor's Map #: 49
Assessor's Parcel #: 162
Add'l Parcels: No
Tax Municipality: Chandler
Taxes: 5666
Legal: LOT C105 FOUNTAINS AT OCOTILLO CONDOMINIUM MCR 071237
Marketing Name: Fountains at Ocotillo
House Number: 3920
Compass: S
Street Name: Alma School
St Suffix: Road
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85248
Zip4: 4511
County Code: Maricopa
Subdivision: The Fountains at Ocotillo
Assessor Number: 303-49-162
Tax Year: 2022
General Property Description
Type of Property: Professional Office/Medical
Ttl Apx SqFt Bldg: 2714
# of Buildings: 1
Uncvrd Parking Spcs: 17
Flood Zone: No
Year Built: 2004
Zoning: PAD
Construction
Stucco: 1
Wood Frame: 1
Roofing
Tile: 1
Floors
Ceramic Tile: 1
Carpet: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 8468
Operating Exp: 14134
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Office: 1
Other (See Remarks): 1
Business Type
Dental: 1
Medical: 1
Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Equity: 869000
Total Owed: 0
Ceiling Height
10.1 Feet to 12 Feet: 1
Heating
Ceiling: 1
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Smoke Detector(s): 1
Security System: 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Corner Lot: 1
Building Sign: 1
Sidewalk(s): 1
Monument Sign: 1
Source of Fincl Data
Owner: 1
Traffic Count
25,001 to 35,000: 1
Fencing
None: 1
Water Source
City Franchise: 1
Individual Meter: 1
Freeway/Highway
Frontage: 1
Access: 1
Building Features
Kitchen: 1
Computer Room: 1
Other (See Remarks): 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Free: 1
Parking Lot: 1
Private: 1
Paved: 1
Electric
SRP: 1
Individual Meter: 1
Gas
None: 1
New Financing
Cash to Loan: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
CC&R's: 1
Currently Leased: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: SBA
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Alma School/Ocotillo
Directions: NWC of Alma School and Ocotillo. W on Ocotillo, N on Jacaranda, buildings on East side of street facing golf course
Geo Lat: 33.248984
Geo Lon: -111.86572
Status Change Info
Off Market Date: 2023-09-13
Under Contract Date: 2023-09-08
Close of Escrow Date: 2023-11-17
Sold Price: $885,000
Legal Info
Lot Number: C105
Property Features
Building Type: Office; Other (See Remarks)
Business Type: Dental; Medical; Professional/Office
Stories: 1 Story
Construction: Stucco; Wood Frame
Roofing: Tile
Floors: Ceramic Tile; Carpet
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Ceiling
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Smoke Detector(s); Security System; Private Restrooms
Exterior: Corner Lot; Building Sign; Sidewalk(s); Monument Sign
Fencing: None
Building Features: Kitchen; Computer Room; Other (See Remarks)
Parking Features: Free; Parking Lot; Private; Paved
Electric: SRP; Individual Meter
Gas: None
Water Source: City Franchise; Individual Meter
Sewer: Sewer - Public; Sewer-In & Connected
New Financing: Cash to Loan; 1031 Exchange
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
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: 25,001 to 35,000
Use Restrictions: CC&R's; Currently Leased
Environmental: None
Listing Office:
KD Realty, LLC
Last Updated: November - 18 - 2023
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