4325 S 48th Street, Tempe, AZ 85282
$950,000
Property Type:
Comm/Industry Sale
Square Footage:
9,674
Lot Size (sq. ft.):
39,857
Status:
Closed
Current Price:
$950,000
List Date:
1/07/2019
Last Modified:
1/06/2025
Overview
Description
Listing Details MLS# 5745881
Location, Tax & Legal
- Map Code/Grid
- R36
- House Number
- 4325
- Compass
- S
- Street Name
- 48th
- St Suffix
- Street
- City/Town Code
- Tempe
- State/Province
- AZ
- Zip Code
- 85282
- Country
- US
- County Code
- Maricopa
- Assessor Number
- 123-27-354
- Tax Year
- 2017
- Assessor's Map #
- 27
- Assessor's Parcel #
- 354
- Add'l Parcels
- No
- Tax Municipality
- Tempe
- Taxes
- 20898
- Legal
- TRACT A KNOELL GARDEN GROVES UNIT 3 LOT 280-374 TR A-C MCR 01861
Contract Info
- Ownership
- Fee Simple
General Property Description
- Type of Property
- Multi Tenant Retail
- Ttl Apx SqFt Bldg
- 9674
- Ttl Apx Net Rnt Spc
- 7
- # of Buildings
- Yes
- Year Built
- 1988
- Uncvrd Parking Spcs
- 49
- Zoning
- C2
Remarks Misc
- Cross Street
- 48th Street / Vineyard
- Directions
- 48th Street North of Baseline Road on NEC 48th St/Vineyard
Status Change Info
- Off Market Date
- 2019-01-24
- Under Contract Date
- 2019-01-23
- Close of Escrow Date
- 2019-03-19
Legal Info
- Lot Number
- -
More Information
Income Expenses
- Gross Annual Sch Inc
- 110498
- Net Operating Income
- 67830
Contact Info
- List Agent Home Phn
- 623-225-7650
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Clsing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Block
- Yes
Roofing
- Built-Up
- Yes
Floors
- Concrete
- Yes
Income & Expenses
- Annual Elec Exp
- 6584
- Annual Gas Exp
- 0
- Annual Ins Exp
- 3150
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 3045
- Annual Legal & Acctg
- 0
- Annual Maint Exp
- 6000
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 3905
- 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
- 43582
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 110498
Building Type
- Commercial
- Yes
Business Type
- Mixed
- Yes
Stories
- 1 Story
- Yes
Pmt & Rate Info
- Cap Rate
- 6.17
- Down Payment
- 0
- Equity
- 1100000
- Total Owed
- 0
- Assessment Balance
- 0
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
Heating
- Electric
- Yes
Cooling
- Central Air
- Yes
- Heat Pump
- Yes
Interior Features
- Finished
- Yes
Loading Facilities
- None
- Yes
Road Access Type
- Dedicated Street
- Yes
Road Surface Type
- Asphalt
- Yes
Exterior
- Corner Lot
- Yes
- Curb(s) & Gutter(s)
- Yes
Source of Fincl Data
- Owner
- Yes
Traffic Count
- Unknown
- Yes
Fencing
- Block
- Yes
Water Source
- City Franchise
- Yes
Freeway/Highway
- 2.1 - 5 Miles
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Paved
- Yes
Electric
- SRP
- Yes
Gas
- SW Gas
- Yes
New Financing
- Cash Only
- Yes
- 1031 Exchange
- Yes
Special
- Owner/Agent
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- None
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- None
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Property Features
Building Type:
Commercial
Business Type:
Mixed
Stories:
1 Story
Construction:
Block
Roofing:
Built-Up
Floors:
Concrete
Ceiling Height:
8.1 Feet to 10 Feet
Cooling:
Central Air; Heat Pump
Loading Facilities:
None
Interior Features:
Finished
Exterior:
Corner Lot; Curb(s) & Gutter(s)
Fencing:
Block
Parking Features:
Paved
Road Access Type:
Dedicated Street
Electric:
SRP
Gas:
SW Gas
Water Source:
City Franchise
Sewer:
Sewer - Public
New Financing:
Cash Only; 1031 Exchange
Special:
Owner/Agent
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:
Other (See Remarks)
Existing 2nd Loan Type:
Not Applicable
Existing 2nd Loan Terms:
Not Applicable
Existing 3rd Loan:
Other (See Remarks)
Existing 3rd Loan Type:
Not Applicable
Existing 3rd Loan Terms:
Not Applicable
Existing Othr Ln Trm:
Not Applicable
Road Surface Type:
Asphalt
Traffic Count:
Unknown
Environmental:
None
Listing Office:
Pro Star Realty
Last Updated: January - 06 - 2025
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