633 E RAY Road 101, Gilbert, AZ 85296
$999,500
Property Type:
Comm/Industry Sale
Square Footage:
3,075
Lot Size (sq. ft.):
3,075
Status:
Closed
Current Price:
$999,500
List Date:
8/23/2023
Last Modified:
4/08/2025
Description
Lin-Ray Professional Suites. Suite 101 offers 3,075 SF available For Sale ($325/SF) or For Lease ($25/SF NNN). It can be continuous with Suite 103 for a combined 4,522 SF. All walls have been repainted and interior lights have been replaced with LEDs. Frontage on Ray Road, four (4) covered parking spots, and one (1) 10'x20' storage unit are included in the purchase. Zoned CC - Community Commercial - Town of Gilbert. Receptionist area, office/exam rooms, plenty of restrooms and entrances. Great for a Professional and/or Medical User.
More Information MLS# 6596237
Contract Info
Ownership: Fee Simple
Current Price: $999,500
Sold Price: $999,500
Status: Closed
List Date: 2023-08-23
Location, Tax & Legal
Unit #: 101
Building Number: 1
Assessor's Map #: 44
Legal Description (Abbrev): LOT 101 LIN-RAY CONDOMINIUMS 1ST AMD MCR 079640
Assessor's Parcel #: 897
Add'l Parcels: Yes
Tax Municipality: Gilbert
Census Tract: 814900
Taxes: 4787
Legal: LOT 101 LIN-RAY CONDOMINIUMS 1ST AMD MCR 079640
House Number: 633
Compass: E
Street Name: RAY
St Suffix: Road
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85296
Zip4: 4202
County Code: Maricopa
Subdivision: LIN-RAY PROFESSIONAL SUITES
Assessor Number: 304-44-897
Tax Year: 2022
General Property Description
Type of Property: OFFICE CONDO
Ttl Apx SqFt Bldg: 3075
# of Buildings: 1
Uncvrd Parking Spcs: 0
Year Built: 2004
Zoning: CC
Legal Info
Range: 6E
Section: 30
Township: 1S
Lot Number: 101
Construction
Stucco: 1
Wood Frame: 1
Other: 1
Roofing
Foam: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Other: 1
Income & Expenses
Owner Association: Yes
Annual Ownr Asoc Fee: 640
Operating Exp: 5427
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Office: 1
Business Type
Dental: 1
Service Business: 1
Medical: 1
Professional/Office: 1
Stories
1 Story: 1
Pmt & Rate Info
Equity: 999500
Total Owed: 0
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Ceiling Height
12.1 Feet to 14 Feet: 1
Heating
Heat Pump: 1
Cooling
Heat Pump: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Alarm System: 1
Private Restrooms: 1
Loading Facilities
None: 1
Exterior
Corner Lot: 1
Landscaping: 1
Storage Yard: 1
Roof Sign: 1
Building Sign: 1
Security Light(s): 1
Source of Fincl Data
Owner: 1
Fencing
See Remarks: 1
Water Source
Other: 1
See Remarks: 1
Freeway/Highway
Frontage: 1
Building Features
Conference Room: 1
Reception Room: 1
Showroom: 1
Kitchen: 1
Computer Room: 1
Display Window(s): 1
Sewer
Sewer - Public: 1
Sewer - Private: 1
Other: 1
Parking Features
Free: 1
Parking Lot: 1
Private: 1
Paved: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Cash Only: 1
1031 Exchange: 1
Lease: 1
Use Restrictions
CC&R's: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Sold Info
Loan Type: Conventional
Loan Years: 25
Payment Type: Balloon
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Lindsay & Ray Road
Geo Lat: 33.320618
Geo Lon: -111.776135
Status Change Info
Off Market Date: 2023-09-07
Under Contract Date: 2023-09-01
Close of Escrow Date: 2023-09-22
Sold Price: $999,500
Property Features
Building Type: Commercial; Office
Business Type: Dental; Service Business; Medical; Professional/Office
Stories: 1 Story
Construction: Stucco; Wood Frame; Other
Roofing: Foam
Floors: Vinyl; Ceramic Tile; Other
Ceiling Height: 12.1 Feet to 14 Feet
Heating: Heat Pump
Cooling: Heat Pump
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers; Alarm System; Private Restrooms
Exterior: Corner Lot; Landscaping; Storage Yard; Roof Sign; Building Sign; Security Light(s)
Fencing: See Remarks
Building Features: Conference Room; Reception Room; Showroom; Kitchen; Computer Room; Display Window(s)
Parking Features: Free; Parking Lot; Private; Paved
Electric: SRP
Gas: None
Water Source: Other; See Remarks
Sewer: Sewer - Public; Sewer - Private; Other
New Financing: Cash Only; 1031 Exchange; Lease
Showing Notification Methods: Text; Email; Phone Call
Source of Fincl Data: Owner
Use Restrictions: CC&R's
Environmental: None
Listing Office:
AFFIRE, LLC
Last Updated: April - 08 - 2025
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