8807 N 61ST Avenue, Glendale, AZ 85302
$1,545,000
Property Type:
Comm/Industry Sale
Square Footage:
36,361
Lot Size (sq. ft.):
154,028
Status:
Closed
Current Price:
$1,545,000
List Date:
2/06/2015
Last Modified:
7/10/2015
Description
CHURCH/SCHOOL FOR SALE OR REDEVELOPMENT!!! Ideal for church, charter school, assisted living, special use or redevelopment. Private over-sized yard with 2 playgrounds. Includes church (24,960 SF), school (10,201 SF) and house (1,200 SF). Total improved is 36,361 SF on 3.5 Acres!!! Zoning R-4. 147 striped parking spaces. Next to Glendale Community College. Abundant retail and restaurant amenities nearby. 435,000 population in a 5 mile radius.
More Information MLS# 5233341
Contract Info
Ownership: Fee Simple
Current Price: $1,545,000
Sold Price: $1,545,000
Status: Closed
List Date: 2015-02-06
Location, Tax & Legal
Assessor's Map #: 13
Assessor's Parcel #: 2
Assessor Parcel Ltr: V
Add'l Parcels: Yes
Tax Municipality: Glendale
Census Tract: 92312
Taxes: 0
Legal: PT NE4 NE4 DAF BEG 150F N SW COR NE4 NE4 TH E 30F TO TPOB TH N 12
Marketing Name: COVENANT CHURCH & SCHOOL
Map Code/Grid: M32
House Number: 8807
Compass: N
Street Name: 61ST
St Suffix: Avenue
City/Town Code: Glendale
State/Province: AZ
Zip Code: 85302
Zip4: 4506
County Code: Maricopa
Assessor Number: 143-13-002-V
Tax Year: 2014
General Property Description
Type of Property: Redevelopment Opportunity
Ttl Apx SqFt Bldg: 36361
Ttl Apx Net Rnt Spc: 36361
# of Buildings: 3
Uncvrd Parking Spcs: 147
Year Built: 1969
Zoning: R-4
Legal Info
Range: 2E
Section: 31
Township: 3N
Lot Number: 13
Construction
Block: 1
Tilt-Up: 1
Roofing
Other: 1
Floors
Other: 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: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Other (See Remarks): 1
Business Type
Mixed: 1
Religious Facility: 1
Other: 1
See Remarks: 1
Stories
1 Story: 1
2 Stories: 1
Pmt & Rate Info
Down Payment: 0
Equity: 1700000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
8.1 Feet to 10 Feet: 1
10.1 Feet to 12 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Sprinkler System-Ground: 1
Landscaping: 1
Curb(s) & Gutter(s): 1
Sidewalk(s): 1
Source of Fincl Data
Owner: 1
Fencing
Partial: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Paved: 1
Electric
SRP: 1
Gas
Other (See Remarks): 1
New Financing
Cash to Loan: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Other (See Remarks): 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Other (See Remarks): 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 3
Buyer Concession $/%: %
Seller Concession to Buyer: 3
Seller Concession $/%: %
Remarks Misc
Cross Street: S/SEC N. 61st Ave. & W. Olive Avenue
Directions: Loop 101 (Agua Fria Fwy) to W. Olive Avenue west, then south on N. 61st Avenue; OR US 60 (Grand Avenue) to W. Olive Avenue east, then south on N. 61st Avenue.
Geo Lat: 33.564615
Geo Lon: -112.189757
Status Change Info
Off Market Date: 2015-06-09
Under Contract Date: 2015-06-09
Close of Escrow Date: 2015-07-10
Sold Price: $1,545,000
Property Features
Building Type: Commercial; Other (See Remarks)
Business Type: Mixed; Religious Facility; Other; See Remarks
Stories: 1 Story; 2 Stories
Construction: Block; Tilt-Up
Roofing: Other
Floors: Other
Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished
Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Sidewalk(s)
Fencing: Partial
Parking Features: Free; Paved
Electric: SRP
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash to Loan
Source of Fincl Data: Owner
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 Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Environmental: Other (See Remarks)
Listing Office:
Avison Young
Last Updated: July - 10 - 2015
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