644 W MAIN Street -, Mesa, AZ 85201

$2,395,000
Property Type: Land Lot Size (sq. ft.): 183,644 Status: Closed
Current Price: $2,395,000 List Date: 12/24/2015 Last Modified: 12/02/2024

Overview

Description

4.22 AC Lot Located Along the Mesa Light-Rail Corridor. Great Location for Multifamily, Apartment Units, Condo, Senior Living. Zoned C-G. Near Loop 101/US60/AZ87 and Major Higher Education Campuses. Adjacent to Light Rail line. Walking distance to the New Country Club Station. Great Multifamily Development Potential Near Downtown Mesa and Tempe.

Listing Details MLS# 5375848

Location, Tax & Legal

Map Code/Grid
Q38
House Number
644
Compass
W
Street Name
MAIN
St Suffix
Street
City/Town Code
Mesa
State/Province
AZ
Zip Code
85201
Zip4
7294
Country
US
County Code
Maricopa
Assessor Number
135-57-073
Subdivision
MESA
Tax Year
2015
Lot #
-
Assessor's Map #
57
Legal Description (Abbrev)
MESA PT BLK 69 W 91.10' OF E 501.10' EX S 17'
Assessor's Parcel #
73
Add'l Parcels
Yes
Tax Municipality
Mesa
Census Tract
421302
Taxes
8451

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
4.22
Apx Total Acres G/N
G
Price Per Acre
67535.54
# Lots in Listing
8
Apx SqFt
183644
Price Per SqFt
13.89
Apx SqFt G/N
G
Lot Size Dimensions
IRR
Zoning
C-G

Remarks Misc

Cross Street
West Pepper Place and Date Street
Directions
Located 1/8 Mile East of the Extension Rd/Main St Intersection Along Main St

Status Change Info

Off Market Date
2017-11-25
Under Contract Date
2017-09-20
Close of Escrow Date
2018-01-29

Legal Info

Lot Number
-

More Information

Sold Info

Loan Type
SBA
Loan Years
30
Closing Cost Split
Normal - N
Payment Type
Fixed
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

N/A
Yes

Pmt & Rate Info

Equity
2550000
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Existing Land Use

Commercial Lot
Yes
Commercial Acreage
Yes

Zoned Presently

Multi-Family
Yes
Commercial
Yes

Parcel Size

2.50 - 4.99 Acres
Yes

Fencing

Chain Link
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Electric

SRP
Yes

Gas

None
Yes

Distance to Cable

On Property
Yes

New Financing

Cash
Yes
Cash to Loan
Yes
Conventional
Yes
SBA
Yes

Distance to Phone

On Property
Yes

Distance to Water

On Property
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Distance to Electric

On Property
Yes

Existing 1st Loan Type

Not Applicable
Yes

Distance to Gas

None
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Distance to Sewer

On Property
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

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Other Loan

Not Applicable
Yes

Property Features

Special Listing Cond: N/A Existing Land Use: Commercial Lot; Commercial Acreage Zoned Presently: Multi-Family; Commercial Parcel Size: 2.50 - 4.99 Acres Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Distance to Cable: On Property Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: None Distance to Sewer: On Property 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 Other Loan: Not Applicable New Financing: Cash; Cash to Loan; Conventional; SBA Environmental: None Fencing: Chain Link

Documents

IDX
Listing Office: LRA Real Estate Group, LLC
Last Updated: December - 02 - 2024
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