732 N 82ND Street, Mesa, AZ 85207
$2,000,000
Property Type:
Comm/Industry Sale
Square Footage:
51,833
Lot Size (sq. ft.):
418,960
Status:
Closed
Current Price:
$2,000,000
List Date:
10/17/2023
Last Modified:
4/29/2025
Description
Potential seller carry down payment. Boarding business and equipment to convey with sale. Approx 10 fenced acres of a truly professional equine business. Turn-key, income earning, well-established horse boarding and breeding facility in the city! Zoned residential and agriculture. Located in the heart of Mesa. Close to everything & ride-off property. Well-oiled business to be handed over with high earning potential. Experienced and knowledgeable staff, rooted and secure clients with room for growth. 9 horse facilities w/misting systems, automatic water/ fly spray system. 7 round pens, 2 hot walkers, 3 arenas, 1 covered arena, 3 livable mobile homes, breeding/foaling barn equipped with cameras. Each barn includes its own wash rack and tack room.
More Information MLS# 6525409
Contract Info
Ownership: Other (See Remarks)
Current Price: $2,000,000
Sold Price: $2,000,000
Status: Closed
List Date: 2023-02-27
Location, Tax & Legal
Assessor's Map #: 8
Legal Description (Abbrev): N 10 AC NW4 SE4 SEC EX W 25F & EX RD P/F 95-0609183
Assessor's Parcel #: 8
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Mesa
Census Tract: 420104
Taxes: 5622
Legal: N 10 AC NW4 SE4 SEC EX W 25F & EX RD P/F 95-0609183
Map Code/Grid: Q42
House Number: 732
Compass: N
Street Name: 82ND
St Suffix: Street
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85207
Zip4: 5814
County Code: Maricopa
Assessor Number: 218-08-008-B
Tax Year: 2022
General Property Description
Type of Property: Equine- boarding and breeding
Ttl Apx SqFt Bldg: 51833
# of Buildings: 14
Uncvrd Parking Spcs: 20
Year Built: 2005
Zoning: Res - Agg
Legal Info
Range: 7E
Section: 17
Township: 1N
Lot Number: N/A
Construction
Block: 1
Metal: 1
Other: 1
Roofing
Metal: 1
Other: 1
Floors
Concrete: 1
Vinyl: 1
Wood: 1
Carpet: 1
Other: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 5622
Other Income: 96000
Vacancy Allowance: 0
Adjusted Gross Inc: 671000
Building Type
Commercial: 1
Industrial: 1
Other (See Remarks): 1
Business Type
Mixed: 1
Service Business: 1
Recreation: 1
Other: 1
See Remarks: 1
Stories
1 Story: 1
Pmt & Rate Info
Cap Rate: 4.19
Equity: 2625000
Total Owed: 0
Showing Notification Methods
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
8 Feet or Less: 1
8.1 Feet to 10 Feet: 1
10.1 Feet to 12 Feet: 1
12.1 Feet to 14 Feet: 1
14.1 Feet to 16 Feet: 1
16.1 Feet to 28 Feet: 1
28.1 Feet or Over: 1
Heating
Electric: 1
Cooling
Window/Wall Unit: 1
Office Evap: 1
Warehouse A/C: 1
Warehouse Evap: 1
Warehouse Fan(s): 1
Other: 1
See Remarks: 1
Interior Features
Finished: 1
Security Camera(s): 1
Private Restrooms: 1
Loading Facilities
Grade Level: 1
Other (See Remarks): 1
Road Access Type
Dedicated Street: 1
Private Road: 1
Road Surface Type
Asphalt: 1
Dirt: 1
Gravel: 1
Exterior
Corner Lot: 1
Sprinkler System-Ground: 1
Storage Yard: 1
Security Light(s): 1
Security Camera(s): 1
Other (See Remarks): 1
Source of Fincl Data
Owner: 1
Traffic Count
Other (See Remarks): 1
Fencing
Block: 1
Wood: 1
Other: 1
Water Source
City Franchise: 1
Domestic Well: 1
Other: 1
See Remarks: 1
Freeway/Highway
1.1 - 2 Miles: 1
Building Features
Security Gate: 1
Other (See Remarks): 1
Sewer
Sewer - Public: 1
Parking Features
Fenced: 1
Free: 1
Other: 1
Electric
SRP: 1
Gas
Propane Bottled: 1
New Financing
Cash to Loan: 1
1031 Exchange: 1
Other (See Remarks): 1
Existing 1st Loan
Other (See Rmks): 1
Existing 1st Loan Type
Not Applicable: 1
Use Restrictions
Currently Leased: 1
Existing Easement(s): 1
Other (See Remarks): 1
Reports/Disclosures
None: 1
Environmental
None: 1
Sold Info
Loan Type: SBA
Loan Years: 10
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: 80th St. & E. Brown Rd.
Directions: From Brown and 80th Street head south on 80th Street, East on Adobe St., south on 82nd St.
Geo Lat: 33.429198
Geo Lon: -111.656423
Status Change Info
Off Market Date: 2023-10-17
Under Contract Date: 2023-08-16
Close of Escrow Date: 2023-11-27
Sold Price: $2,000,000
Income Expenses
Gross Annual Sch Inc: 575000
Net Operating Income: 110000
Property Features
Building Type: Commercial; Industrial; Other (See Remarks)
Business Type: Mixed; Service Business; Recreation; Other; See Remarks
Stories: 1 Story
Construction: Block; Metal; Other
Roofing: Metal; Other
Floors: Concrete; Vinyl; Wood; Carpet; Other
Ceiling Height: 8 Feet or Less; 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet; 14.1 Feet to 16 Feet; 16.1 Feet to 28 Feet; 28.1 Feet or Over
Cooling: Window/Wall Unit; Office Evap; Warehouse A/C; Warehouse Evap; Warehouse Fan(s); Other; See Remarks
Loading Facilities: Grade Level; Other (See Remarks)
Interior Features: Finished; Security Camera(s); Private Restrooms
Exterior: Corner Lot; Sprinkler System-Ground; Storage Yard; Security Light(s); Security Camera(s); Other (See Remarks)
Fencing: Block; Wood; Other
Building Features: Security Gate; Other (See Remarks)
Parking Features: Fenced; Free; Other
Road Access Type: Dedicated Street; Private Road
Electric: SRP
Gas: Propane Bottled
Water Source: City Franchise; Domestic Well; Other; See Remarks
Sewer: Sewer - Public
New Financing: Cash to Loan; 1031 Exchange; Other (See Remarks)
Showing Notification Methods: Phone Call
Lockbox Type: None
Source of Fincl Data: Owner
Existing 1st Loan: Other (See Rmks)
Existing 1st Loan Type: Not Applicable
Road Surface Type: Dirt; Asphalt; Gravel
Traffic Count: Other (See Remarks)
Use Restrictions: Currently Leased; Existing Easement(s); Other (See Remarks)
Environmental: None
Documents
Supplemental Doc ›
Listing Office:
My Home Group Real Estate
Last Updated: April - 29 - 2025
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