360 S Ocotillo/ Ocotillo Plaza, Unknown, AZ 85602
$1,250,000
Property Type:
Commercial
Square Footage:
45,000
Lot Size (sq. ft.):
7
Status:
Closed
Current Price:
$1,250,000
List Date:
9/21/2000
Last Modified:
10/25/2024
Description
Fantastic Comm. Opportunity B-2 Shopping Center Redevelopment In Benson, Az Income Is Potential At $5.00 Nnn. New Roof, New Sprinkler System, 3' Thick Foundation. Anchor Ace Hardware Move Out. Center Is Between Hospital & Post Office On Turn Off To Cochise College. Priced At $27 Sq Ft. will Trade
More Information MLS# 2017491
Address Information
Country: USA
Street #: 360
Direction: S
Street Name: Ocotillo/ Ocotillo Plaza
State/Province: AZ
Zip Code: 85602
County: Unknown
Location, Tax & Legal
Tax Year: 1998
Taxes: 22707
Assessments: 0
Legal Description: Por Of N492' Sw Sec 9 B M&B - Call Listing Agents.
Municipality/Zoning: Other - CALL
Fire Protection: Included in Taxes
Tax Code: 12319008C
Area: Benson/St. David
Status Change Info
Off Market Date: 2001-02-09
Sold Price/SqFt: 27.77
Lot Sz Sold Prc/SqFt: 7.17
Financing: Conventional
Pending Date: 2001-01-10
Sold Date: 2001-02-09
Sold Price: $1,250,000
Showing Information
Directions: I-10 Exit At #303, Right At 1st Light To Subject On Right In Benson, Ariz. Just South Of Main Business Avenue.
General Property Information
Property Sub-Type: Retail
# Units: 12
Lot Dimensions: 492'X400' APPROXIMATE
Lot Acres: 4
Lot Sqft: 174240
Source of SqFt: Assessor
List Price/SqFt: 27.78
Lot Size Price/SqFt: 7.17
Year Built: 1977
Combined SqFt: 45000
Electric
3 Phase Power: Yes
Master Meter: No
Income
Vacancy Loss: 22500
Adjusted Gross: 202500
Gross Scheduled Rent: 225000
Net Opp Income: 202500
Analysis
Gross Rent Multi: 6.17
Vacancy Rate %: 10
Cap Rate %: 16.2
Construction
Frame: 1
Steel Frame: 1
Sewer
Connected: 1
Water
Water Company: Winterhaven
Property Features
A.D.A. Compliant: Yes
Phase 1 Report: No
Main Cooling
Central Air: 1
Evaporative Cooling: 1
Zoned: 1
Main Heating
Electric: 1
Zoned: 1
Terms
Cash: 1
Conventional: 1
Exchange: 1
Owner Carry: 1
Submit: 1
Property Disclosures
Unknown: 1
Contract Information
Current Price: $1,250,000
Sold Price: $1,250,000
Listing Date: 2000-09-20
Status: Closed
Remarks Misc
Geo Lat: 32.003299
Geo Lon: -110.2504
Property Features
Construction: Frame; Steel Frame
Main Cooling: Central Air; Evaporative Cooling; Zoned
Main Heating: Electric; Zoned
Sewer: Connected
Terms: Cash; Conventional; Exchange; Owner Carry; Submit
Property Disclosures: Unknown
Listing Office: Long Realty
Last Updated: October - 25 - 2024
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