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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
Documents
Listing Office:
Allison James Estates & Homes
Last Updated: June - 20 - 2024
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