4921 S ALMA SCHOOL Road, Chandler, AZ 85248
$1,000,000
Property Type:
Comm/Industry Sale
Square Footage:
5,470
Lot Size (sq. ft.):
5,470
Status:
Closed
Current Price:
$1,000,000
List Date:
2/03/2017
Last Modified:
6/14/2018
Overview
Description
Listing Details MLS# 5556405
Location, Tax & Legal
- Map Code/Grid
- V38
- House Number
- 4921
- Compass
- S
- Street Name
- ALMA SCHOOL
- St Suffix
- Road
- City/Town Code
- Chandler
- State/Province
- AZ
- Zip Code
- 85248
- Zip4
- 5633
- Country
- US
- County Code
- Maricopa
- Subdivision
- PROMENADE COMMONS
- Assessor Number
- 303-48-959
- Tax Year
- 2016
- Assessor's Map #
- 48
- Legal Description (Abbrev)
- LOT F113 TRACT F PROMENADE COMMONS AT FULTON RANCH CONDOMINIUM MCR 085639
- Assessor's Parcel #
- 959
- Add'l Parcels
- Yes
- Tax Municipality
- Chandler
- Census Tract
- 813000
- Taxes
- 9464.58
- Legal
- LOT F101,F105,F109 & F113 TRACT F PROMENADE COMMONS AT FULTON RANCH MCR 085639
- Marketing Name
- FULTON RANCH/OCOTILLO
Contract Info
- Ownership
- Fee Simple
General Property Description
- Type of Property
- COMMERCIAL
- Ttl Apx SqFt Bldg
- 5470
- # of Buildings
- Yes
- Year Built
- 2006
- Volts/Amps
- 220
- Uncvrd Parking Spcs
- 10
- Zoning
- COMMERCIAL
Remarks Misc
- Cross Street
- ALMA SCHOOL & OCOTILLO
- Directions
- SOUTH TO FULTON RANCH BLVD, EAST TO 1ST RIGHT, OVER BRIDGE TO PROPERTY. ACROSS THE PARKING LOT FROM FIRST WATCH RESTAURANT.
Status Change Info
- Off Market Date
- 2017-09-01
- Under Contract Date
- 2017-06-05
- Close of Escrow Date
- 2017-08-31
Legal Info
- Lot Number
- F101,F105,F109,F113
More Information
Income Expenses
- Gross Annual Sch Inc
- 127800
- Net Operating Income
- 88654
Contact Info
- List Agent Home Phn
- 602-369-6000
Sold Info
- Loan Type
- Conventional
- Loan Years
- 15
- Payment Type
- Adjustable
- Clsing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Stucco
- Yes
- Wood Frame
- Yes
Roofing
- Built-Up
- Yes
Floors
- Ceramic Tile
- Yes
- Carpet
- Yes
Income & Expenses
- Annual Elec Exp
- 8207
- Annual Gas Exp
- 0
- Annual Ins Exp
- 628
- Annual Land Lse Exp
- 0
- Annual Landscape Exp
- 0
- Annual Legal & Acctg
- 620
- Annual Maint Exp
- 13535
- Annual Mgmt Exp
- 0
- Annual Trash Exp
- 0
- Annual Wtr/Swr Exp
- 0
- Owner Association
- Yes
- Annual Ownr Asoc Fee
- 14018
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 2438
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 121410
Building Type
- Commercial
- Yes
- Office
- Yes
Business Type
- Professional/Office
- Yes
Stories
- 1 Story
- Yes
Pmt & Rate Info
- Cap Rate
- 7.39
- Down Payment
- 0
- Equity
- 1200000
- Total Owed
- 0
- Assessment Balance
- 0
Ceiling Height
- 8.1 Feet to 10 Feet
- Yes
Heating
- Electric
- Yes
- 2 or More Units
- Yes
Cooling
- Central Air
- Yes
Interior Features
- Finished
- Yes
- Fire Sprinklers
- Yes
- Smoke Detector(s)
- Yes
- Security Light(s)
- Yes
- Private Restrooms
- Yes
Loading Facilities
- None
- Yes
Road Surface Type
- Asphalt
- Yes
Exterior
- Landscaping
- Yes
- Building Sign
- Yes
- Security Light(s)
- Yes
Source of Fincl Data
- Owner
- Yes
Traffic Count
- Unknown
- Yes
Fencing
- None
- Yes
Water Source
- City Franchise
- Yes
Freeway/Highway
- 2.1 - 5 Miles
- Yes
Building Features
- Conference Room
- Yes
- Reception Room
- Yes
- Kitchen
- Yes
- Computer Room
- Yes
Sewer
- Sewer - Public
- Yes
- Sewer-In & Connected
- Yes
Parking Features
- Parking Structure
- Yes
- Parking Lot
- Yes
- Private
- Yes
Electric
- SRP
- Yes
- Individual Meter
- Yes
- Over 220 Amp
- Yes
Gas
- None
- Yes
New Financing
- Cash Only
- 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
- Treat as Free&Clear
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Treat as Free&Clear
- Yes
Use Restrictions
- CC&R's
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Seller Prop Disc Stm
- Yes
- ALTA Survey Availbl
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- Phase I Available
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Property Features
Building Type:
Commercial; Office
Business Type:
Professional/Office
Stories:
1 Story
Construction:
Stucco; Wood Frame
Roofing:
Built-Up
Floors:
Ceramic Tile; Carpet
Ceiling Height:
8.1 Feet to 10 Feet
Heating:
2 or More Units
Cooling:
Central Air
Loading Facilities:
None
Interior Features:
Finished; Fire Sprinklers; Smoke Detector(s); Security Light(s); Private Restrooms
Exterior:
Landscaping; Building Sign; Security Light(s)
Fencing:
None
Building Features:
Conference Room; Reception Room; Kitchen; Computer Room
Parking Features:
Parking Structure; Parking Lot; Private
Electric:
SRP; Individual Meter; Over 220 Amp
Gas:
None
Water Source:
City Franchise
Sewer:
Sewer - Public; Sewer-In & Connected
New Financing:
Cash Only
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:
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
Traffic Count:
Unknown
Use Restrictions:
CC&R's
Environmental:
Phase I Available
Listing Office:
RE/MAX Masters
Last Updated: June - 14 - 2018
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