$2,395,000
Mesa, AZ 85201
MLS# 5375848
Status: Closed
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Property Description
4.22 AC Lot Located Along the Mesa Light-Rail Corridor. Great Location for Multifamily, Apartment Units, Condo, Senior Living. Zoned C-G. Near Loop 101/US60/AZ87 and Major Higher Education Campuses. Adjacent to Light Rail line. Walking distance to the New Country Club Station. Great Multifamily Development Potential Near Downtown Mesa and Tempe.
Details
Maps
Documents
Contract Information
Current Price: $2,395,000
Sold Price: $2,395,000
Status: Closed
List Date: 2015-12-23
For Sale or Lease?: Sale
Type: ER
Subagents: N
Buyer/Broker: Y
Buyer Broker $/%: %
Comp to Buyer Broker: 3
Variable Commission: N
Location, Tax & Legal
Map Code/Grid: Q38
House Number: 644
Compass: W
Street Name: MAIN
St Suffix: Street
Lot #: -
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85201
Zip4: 7294
Country: USA
County Code: Maricopa
Assessor's Map #: 57
Assessor's Parcel #: 73
Add'l Parcels: Yes
Assessor Number: 135-57-073
Legal Description (Abbrev): MESA PT BLK 69 W 91.10' OF E 501.10' EX S 17'
Subdivision: MESA
Census Tract: 421302
Tax Municipality: Mesa
Taxes: 8451
Tax Year: 2015
General Property Description
Apx Total Acres: 4.22
Apx Total Acres G/N: G
Price Per Acre: 67535.54
# Lots in Listing: 8
Apx SqFt: 183644
Price Per SqFt: 13.89
Apx SqFt G/N: G
Lot Size Dimensions: IRR
Zoning: C-G
Remarks & Misc
Cross Street: West Pepper Place and Date Street
Directions: Located 1/8 Mile East of the Extension Rd/Main St Intersection Along Main St
Geo Lat: 33.415394
Geo Lon: -111.845652
Status Change Info
Status Change Date: 2018-01-30
Off Market Date: 2017-11-25
Under Contract Date: 2017-09-20
Close of Escrow Date: 2018-01-29
Sold Price: $2,395,000
Legal Info
Lot Number: -
Pmt & Rate Info
Equity: 2550000
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
HOA 2 Y/N: N
Sold Info
Loan Type: SBA
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Existing Land Use: Commercial Lot; Commercial Acreage
Zoned Presently: Multi-Family; Commercial
Parcel Size: 2.50 - 4.99 Acres
Water: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: None
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: CTL; Conventional; SBA
Reports/Disclosures: None
Environmental: None
Fencing: Chain Link
Brochue Listing Office: LRA Real Estate Group, LLC
Last Updated: September - 27 - 2022
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