510 S Lewis, Mesa, AZ 85210
$850,000
Property Type:
Comm/Industry Sale
Square Footage:
2,001
Lot Size (sq. ft.):
32,605
Status:
Closed
Current Price:
$850,000
List Date:
2/05/2023
Last Modified:
3/31/2023
Description
Great Industrial location in Mesa. These 6 parcels and 2000 sq.ft. building is zoned L1. Corner lot with access off of both Vine and Lewis. Large storage lot. Sewer line improvements made recently. The lots are fenced all around, and partially paved with covered parking. There is also an outside work station. Tenants pay rent and the utilities. Potential for additional rent, or use the property for your business. This location is close to the freeways and downtown Mesa.
More Information MLS# 6516767
Contract Info
Ownership: Fee Simple
Current Price: $850,000
Sold Price: $850,000
Status: Closed
List Date: 2023-02-01
Location, Tax & Legal
Assessor's Map #: 37
Legal Description (Abbrev): LOT 28 MESA STADIUM PLACE MCR 006631
Assessor's Parcel #: 30
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Tax Municipality: Mesa
Census Tract: 422001
Taxes: 3893
Legal: LOT 28 MESA STADIUM PLACE MCR 006631
Marketing Name: Mesa Stadium Place
Map Code/Grid: R39
House Number: 510
Compass: S
Street Name: Lewis
St Suffix: --
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85210
Zip4: 8534
County Code: Maricopa
Subdivision: MESA STADIUM PLACE
Assessor Number: 139-37-030-A
Tax Year: 2022
General Property Description
Type of Property: Industrial
Ttl Apx SqFt Bldg: 2001
# of Buildings: 1
Uncvrd Parking Spcs: 7
Year Built: 1960
Zoning: L1
Legal Info
Range: 5E
Section: 27
Township: 1N
Lot Number: 28
Construction
Block: 1
Metal: 1
Roofing
Metal: 1
Floors
Concrete: 1
Income & Expenses
Annual Ins Exp: 1274
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 120
Operating Exp: 5287
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 41316
Building Type
Commercial: 1
Industrial: 1
Business Type
Mixed: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 4.12
Equity: 875000
Total Owed: 0
Ceiling Height
8 Feet or Less: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Phone System: 1
Public Restrooms: 1
Loading Facilities
Grade Level: 1
Source of Fincl Data
Owner: 1
Fencing
Block: 1
Chain Link: 1
Water Source
City Franchise: 1
Freeway/Highway
2.1 - 5 Miles: 1
Sewer
Sewer - Public: 1
Parking Features
Fenced: 1
Free: 1
Electric
City Electric: 1
220 Volts: 1
Gas
City Gas: 1
New Financing
Other (See Remarks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-518-3882
Sold Info
Loan Type: Conventional
Loan Years: 30
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: Vine and Lewis
Directions: South of Broadway on Lewis. Property is at the NWC of Vine and Lewis.
Geo Lat: 33.405275
Geo Lon: -111.829975
Status Change Info
Off Market Date: 2023-03-31
Under Contract Date: 2023-02-14
Close of Escrow Date: 2023-03-31
Sold Price: $850,000
Income Expenses
Gross Annual Sch Inc: 41316
Net Operating Income: 36029
Property Features
Building Type: Commercial; Industrial
Business Type: Mixed
Stories: 1 Story
Construction: Block; Metal
Roofing: Metal
Floors: Concrete
Ceiling Height: 8 Feet or Less
Cooling: Central Air
Loading Facilities: Grade Level
Interior Features: Finished; Phone System; Public Restrooms
Fencing: Block; Chain Link
Parking Features: Fenced; Free
Electric: City Electric; 220 Volts
Gas: City Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Other (See Remarks)
Source of Fincl Data: Owner
Environmental: None
Listing Office:
SLW Realty Group, LLC
Last Updated: March - 31 - 2023
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