4911 E FALCON Drive, Mesa, AZ 85215
$1,350,000
Property Type:
Comm/Industry Sale
Square Footage:
6,300
Lot Size (sq. ft.):
26,136
Status:
Closed
Current Price:
$1,350,000
List Date:
2/01/2023
Last Modified:
4/19/2025
Description
Airplane Hangar located within Falcon Field Airport (City of Mesa). Situated on a 0.61 AC lot and subject to a ground lease, the improvements consist of a ±6,300 SF block building that serves office, storage, and hangar uses. The upgrades also consist of a ±4,907 SF steel canopy equipped with water and power. The improvements were custom built for an aircraft painting facility (±3,000 SF painting booth and equipment also
available for sale) in 2009. The ground lease (City of Mesa) currently expires on December 31st, 2048, and has a base rent of $703.57 per month (plus taxes).
More Information MLS# 6449235
Contract Info
Ownership: Other (See Remarks)
Current Price: $1,350,000
Sold Price: $1,350,000
Status: Closed
List Date: 2022-08-11
Location, Tax & Legal
Assessor's Map #: 36
Legal Description (Abbrev): ALL SEC 3 EX S2 SE4 & EX E 40F RD & EX W 55F RD & EX RD P/D 83-114684 & EX TH PT LY WI-IN REILLY AVI
Assessor's Parcel #: 1
Assessor Parcel Ltr: E
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420206
Taxes: 0
Legal: ALL SEC 3 EX S2 SE4 & EX E 40F RD & EX W 55F RD & EX RD P/D 83-114684 & EX TH PT LY WI-IN REILLY AVI
Map Code/Grid: Q41
House Number: 4911
Compass: E
Street Name: FALCON
St Suffix: Drive
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85215
Zip4: 2511
County Code: Maricopa
Assessor Number: 141-36-001-E
Tax Year: 2021
General Property Description
Type of Property: Airplane Hangar
Ttl Apx SqFt Bldg: 6300
# of Buildings: 1
Uncvrd Parking Spcs: 0
Year Built: 2009
Zoning: L1
Legal Info
Range: 6E
Section: 3
Township: 1N
Lot Number: -
Construction
Other: 1
Roofing
Other: 1
Floors
Other: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Industrial: 1
Other (See Remarks): 1
Business Type
Other: 1
See Remarks: 1
Stories
Other (See Remarks): 1
Pmt & Rate Info
Equity: 1450000
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8.1 Feet to 10 Feet: 1
16.1 Feet to 28 Feet: 1
Heating
Other: 1
See Remarks: 1
Cooling
Other: 1
See Remarks: 1
Interior Features
Other (See Remarks): 1
Loading Facilities
Other (See Remarks): 1
Source of Fincl Data
Other (See Remarks): 1
Fencing
Other: 1
See Remarks: 1
Water Source
Other: 1
See Remarks: 1
Freeway/Highway
2.1 - 5 Miles: 1
Sewer
Other: 1
Parking Features
Other: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
New Financing
Other (See Remarks): 1
Reports/Disclosures
Vicinity of an Airport: 1
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Sold Info
Loan Type: Other
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Higley Rd and McKellips Rd
Directions: Off Loop 202, head south on Higley Rd. Turn right on Falcon Dr and property is within Falcon Field Airport.
Geo Lat: 33.459991
Geo Lon: -111.727761
Status Change Info
Off Market Date: 2023-03-30
Under Contract Date: 2023-03-29
Close of Escrow Date: 2023-04-28
Sold Price: $1,350,000
Property Features
Building Type: Industrial; Other (See Remarks)
Business Type: Other; See Remarks
Stories: Other (See Remarks)
Construction: Other
Roofing: Other
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet; 16.1 Feet to 28 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior Features: Other (See Remarks)
Fencing: Other; See Remarks
Parking Features: Other
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Water Source: Other; See Remarks
Sewer: Other
New Financing: Other (See Remarks)
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office:
R.O.I. Properties
Last Updated: April - 19 - 2025
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