777 W RAY Road, Gilbert, AZ 85233

$925,000
Property Type: Comm/Industry Sale Square Footage: 2,046 Lot Size (sq. ft.): 43,560 Status: Closed
Current Price: $925,000 List Date: 2/05/2013 Last Modified: 6/20/2024

Description

PRICE REDUCED..MOTIVATED SELLER WILL CONSIDER ALL OFFERS. SHELL GAS STATION ON HARD CORNER OF RAY & COOPER. SALE PRICE INCULDES CONVENIENCE STORE, GAS STATION AND REAL PROPERTY. BOTH ROADS RAY & COOPER HAS BUSY TRAFFIC. BUTIFULLY LANDSCAPED AND WELL MAINTAINED PROPERTY. SELLS BEER & WINE, GROCERY,COFFEE, SOFT DRINKS, LOTO, CIGRETES AND RELATED ITEMS. JUST ADDED PROPANE.

More Information MLS# 4885381

Contract Info

Ownership: Fee Simple Current Price: $925,000 Sold Price: $925,000 Status: Closed List Date: 2013-02-02

Location, Tax & Legal

Assessor's Map #: 83 Legal Description (Abbrev): COOPER SQUARE Assessor's Parcel #: 950 Add'l Parcels: No Tax Municipality: Gilbert Census Tract: 814900 Taxes: 16486 Legal: COOPER SQUARE MCR 518-12 Marketing Name: SHELL GAS/STORE/BUILDING Map Code/Grid: T39 House Number: 777 Compass: W Street Name: RAY St Suffix: Road City/Town Code: Gilbert State/Province: AZ Zip Code: 85233 Zip4: 8444 County Code: Maricopa Assessor Number: 302-83-950 Tax Year: 2012

General Property Description

Ttl Apx SqFt Bldg: 2046 # of Buildings: 2044 Uncvrd Parking Spcs: 6 Year Built: 2000 Zoning: C2

Legal Info

Range: 5E Section: 25 Township: 1S Lot Number: 5

Construction

Block: 1 Stucco: 1 Wood Frame: 1

Roofing

Built-Up: 1

Floors

Concrete: 1 Vinyl: 1 Ceramic Tile: 1

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 Operating Exp: 16486 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 271000

Building Type

Commercial: 1

Business Type

Retail: 1

Stories

1 Story: 1

Pmt & Rate Info

Down Payment: 0 Equity: 1145000 Total Owed: 0 Assessment Balance: 0

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Electric: 1

Cooling

Central Air: 1

Interior Features

Finished: 1 Phone System: 1 Private Restrooms: 1

Loading Facilities

None: 1

Road Surface Type

Asphalt: 1

Exterior

Corner Lot: 1

Source of Fincl Data

Owner: 1

Traffic Count

Unknown: 1

Fencing

Block: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1

Electric

SRP: 1

Gas

None: 1

New Financing

Other (See Remarks): 1

Existing 1st Loan

Private: 1

Existing 1st Loan Type

Fixed: 1

Existing 1st Loan Terms

Non Assumable: 1

Existing 2nd Loan

Other (See Remarks): 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Other (See Remarks): 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Sold Info

Loan Type: SBA Loan Years: 20 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: RAY RD & COOPER RD Directions: FROM US 60 EXIT STAPLEY/COOPER GO SOUTH. PROPERTY IS ON SE CORNER OF RAY % COOPER Geo Lat: 33.320433 Geo Lon: -111.806309

Status Change Info

Off Market Date: 2013-12-20 Under Contract Date: 2013-12-19 Close of Escrow Date: 2014-03-10 Sold Price: $925,000

Income Expenses

Gross Annual Sch Inc: 271000

Property Features

Building Type: Commercial Business Type: Retail Stories: 1 Story Construction: Block; Stucco; Wood Frame Roofing: Built-Up Floors: Concrete; Vinyl; Ceramic Tile Ceiling Height: 8.1 Feet to 10 Feet Cooling: Central Air Loading Facilities: None Interior Features: Finished; Phone System; Private Restrooms Exterior: Corner Lot Fencing: Block Parking Features: Free Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Other (See Remarks) Source of Fincl Data: Owner Existing 1st Loan: Private Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Non Assumable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt Traffic Count: Unknown Environmental: None
Listing Office: Allison James Estates & Homes
IDX
Last Updated: June - 20 - 2024
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