7740 W INDIAN SCHOOL Road, Phoenix, AZ 85033

$1,225,000
Property Type: Comm/Industry Sale Square Footage: 12,280 Lot Size (sq. ft.): 67,296 Status: Closed
Current Price: $1,225,000 List Date: 5/05/2020 Last Modified: 2/20/2025

Overview

Description

Westridge Auto Plaza includes 12,246 square feet built in 1988. The property is fully occupied and enjoys a daytime population of 145,244 and 195,169 total population within three miles. All leases include future rent increases. Located approximately 2 miles from both Loop 101 and Interstate 10. MULTIPLE PARCELS: 7740 W INDIAN SCHOOL RD, PHOENIX, AZ 85033, PID: 10220001W, ASSESSMENT: $141,238, TAX AMOUNT: $28,513 (1.545 ACRES / 67,296 SQ FT) 7740 W INDIAN SCHOOL RD, PHOENIX, AZ 85033, PID: 10220944A, ASSESSMENT: $2,538, TAM AMOUNT: $512 (0.086 ACRES /3,731 SQ FT)

Listing Details MLS# 6074231

Location, Tax & Legal

Map Code/Grid
P31
House Number
7740
Compass
W
Street Name
INDIAN SCHOOL
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85033
Zip4
3000
Country
US
County Code
Maricopa
Assessor Number
102-20-001-W
Tax Year
2019
Assessor's Map #
20
Legal Description (Abbrev)
TH PT SE4 SEC 23 DAF BEG AT INTERSEC OF N LN OF S 40F SD SEC WI E LN OF LOT 101 NATIONAL EMBLEM WEST
Assessor's Parcel #
1
Assessor Parcel Ltr
W
Add'l Parcels
Yes
Tax Municipality
Phoenix
Census Tract
109603
Taxes
28513
Legal
TH PT SE4 SEC 23 DAF BEG AT INTERSEC OF N LN OF S 40F SD SEC WI E LN OF LOT 101 NATIONAL EMBLEM WEST

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
12280
# of Buildings
3
Year Built
1988
Zoning
C-2
Uncvrd Parking Spcs
0

Remarks Misc

Cross Street
W INDIAN SCHOOL RD AND N 77TH AVE

Status Change Info

Off Market Date
2020-06-17
Under Contract Date
2020-05-05
Close of Escrow Date
2020-06-15

Legal Info

Township
2N
Range
1E
Section
23
Lot Number
-

More Information

Income Expenses

Net Operating Income
102267.58

Contact Info

List Agent Cell Phn2
602 390 7262

Sold Info

Loan Type
Exchange
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
%
Seller Concession $/%
%
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Other
Yes

Roofing

Other
Yes

Floors

Other
Yes

Income & Expenses

Annual Elec Exp
0
Annual Gas Exp
0
Annual Ins Exp
0
Annual Land Lse Exp
0
Annual Landscape Exp
0
Annual Legal & Acctg
0
Annual Maint Exp
0
Annual Mgmt Exp
0
Annual Trash Exp
0
Annual Wtr/Swr Exp
0
Owner Association
No
Annual Ownr Asoc Fee
0
Annual PAD Fee
0
Annual Rplcmnt Rsrvs
0
Annual Other Expense
0
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
0

Building Type

Commercial
Yes

Business Type

See Remarks
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Cap Rate
7.3
Down Payment
0
Equity
1400926
Total Owed
0

Showing Notification Methods

Text
Yes
Email
Yes
Phone Call
Yes

Lockbox Type

None
Yes

Ceiling Height

10.1 Feet to 12 Feet
Yes

Heating

Other
Yes
See Remarks
Yes

Cooling

Other
Yes
See Remarks
Yes

Interior Features

Other (See Remarks)
Yes

Loading Facilities

Other (See Remarks)
Yes

Exterior

Other (See Remarks)
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

25,001 to 35,000
Yes

Fencing

See Remarks
Yes

Water Source

Other
Yes

Freeway/Highway

1.1 - 2 Miles
Yes

Sewer

Other
Yes

Parking Features

Other
Yes

Electric

Other (See Remarks)
Yes

Gas

Other (See Remarks)
Yes

New Financing

Other (See Remarks)
Yes

Reports/Disclosures

Other (See Remarks)
Yes

Environmental

Other (See Remarks)
Yes

Property Features

Building Type: Commercial Business Type: See Remarks Stories: 1 Story Construction: Other Roofing: Other Floors: Other Ceiling Height: 10.1 Feet to 12 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Exterior: Other (See Remarks) Fencing: See Remarks Parking Features: Other Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: Other Sewer: Other New Financing: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner Traffic Count: 25,001 to 35,000 Environmental: Other (See Remarks)
IDX
Listing Office: Avison Young
Last Updated: February - 20 - 2025
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