424 W Gemini Drive, Tempe, AZ 85283
$585,000
Property Type:
Comm/Industry Sale
Square Footage:
9,746
Lot Size (sq. ft.):
28,131
Status:
Closed
Current Price:
$585,000
List Date:
7/22/2012
Last Modified:
10/28/2014
Description
Freestanding Industrial building formerly used for manufacturing. Office section includes 4 private offices, restroom, reception. Balance of the building is manufacturing space and warehouse. 3 manual roll up doors, 2 of which are over-sized. Mature landscaping and large fenced lot. Ground Level loading and exterior lighting. 5 Coolers in manufacturing/warehouse space, 4 of which are brand new and remainder is rebuilt. Offices A/C cooled. Storage Mezzanine.
More Information MLS# 4792567
Contract Info
Ownership: Fee Simple
Current Price: $585,000
Sold Price: $585,000
Status: Closed
List Date: 2012-07-22
Location, Tax & Legal
Assessor's Map #: 82
Legal Description (Abbrev): Kyrene Bus Park Lt 01-17 & Tr A
Assessor's Parcel #: 20
Add'l Parcels: No
Tax Municipality: Tempe
Taxes: 12721
Legal: Kyrene Business Park MCR 197-42
Map Code/Grid: S37
House Number: 424
Compass: W
Street Name: Gemini
St Suffix: Drive
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85283
County Code: Maricopa
Subdivision: Kyrene Business Park Lot 1-176 & TR A
Assessor Number: 301-82-020
Tax Year: 2011
General Property Description
Type of Property: Commerical; Industrial: Manuf.
Ttl Apx SqFt Bldg: 9746
# of Buildings: 1
Uncvrd Parking Spcs: 28
Year Built: 1979
Zoning: I-1
Construction
Block: 1
Roofing
Foam: 1
Rolled: 1
Floors
Concrete: 1
Vinyl: 1
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: 12721
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Industrial: 1
Manufacturing: 1
Distribution/Warehouse: 1
Business Type
Professional/Office: 1
Warehouse: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 0
Equity: 633490
Total Owed: 0
Assessment Balance: 0
Ceiling Height
8.1 Feet to 10 Feet: 1
16.1 Feet to 28 Feet: 1
Heating
Heat Pump: 1
Electric: 1
Office Heated: 1
Cooling
Office A/C: 1
Warehouse Evap: 1
Interior Features
Finished: 1
Security Light(s): 1
Private Restrooms: 1
Loading Facilities
Grade Level: 1
Road Surface Type
Asphalt: 1
Exterior
Sprinkler System-Ground: 1
Landscaping: 1
Storage Yard: 1
Curb(s) & Gutter(s): 1
Security Light(s): 1
Source of Fincl Data
Owner: 1
Fencing
Block: 1
Chain Link: 1
Water Source
City Franchise: 1
Freeway/Highway
1.1 - 2 Miles: 1
Building Features
Conference Room: 1
Reception Room: 1
Kitchen: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Fenced: 1
Free: 1
Private: 1
Paved: 1
Electric
SRP: 1
Over 220 Amp: 1
3 Phase Power: 1
Gas
None: 1
New Financing
Cash Only: 1
Lease: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 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
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: SBA
Loan Years: 20
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: Kyrene and Guadalupe
Directions: From I-10 take the Guadalupe Road Exit East a little over a mile to Kyrene. North on Kyrene 1 street to Gemini. Head East on Gemini to Property on North side of road. Sell Lister's Sign
Geo Lat: 33.367195
Geo Lon: -111.944782
Status Change Info
Off Market Date: 2012-12-14
Under Contract Date: 2012-11-01
Close of Escrow Date: 2012-12-17
Sold Price: $585,000
Legal Info
Lot Number: 16
Property Features
Building Type: Commercial; Industrial; Manufacturing; Distribution/Warehouse
Business Type: Professional/Office; Warehouse
Stories: 1 Story
Construction: Block
Roofing: Foam; Rolled
Floors: Concrete; Vinyl
Ceiling Height: 8.1 Feet to 10 Feet; 16.1 Feet to 28 Feet
Heating: Heat Pump; Office Heated
Cooling: Office A/C; Warehouse Evap
Loading Facilities: Grade Level
Interior Features: Finished; Security Light(s); Private Restrooms
Exterior: Sprinkler System-Ground; Landscaping; Storage Yard; Curb(s) & Gutter(s); Security Light(s)
Fencing: Block; Chain Link
Building Features: Conference Room; Reception Room; Kitchen
Parking Features: Fenced; Free; Private; Paved
Electric: SRP; Over 220 Amp; 3 Phase Power
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
New Financing: Cash Only; Lease
Source of Fincl Data: Owner
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
Environmental: None
Listing Office:
US Preferred Realty
Last Updated: October - 28 - 2014
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