$12,500,000

Estimated payment $76,774/month

Total Views 10,178
-- Bed
-- Bath
38,623 Sq Ft
$324 Price per Sq Ft

Highlights

  • 3.86 Acre Lot
  • Cooling Available
  • Heating Available
  • Greenway High School Rated A-

About This Home

The opportunity for sale consists of a 40,066 SF building situated on 3.85 AC (General Commerce Park) parcel. The property has excellent freeway access and visibility. The coverage ratio is currently roughly 24% with a General Commerce Park option providing for up to 50% lot coverage (buyer to verify). The improvements are configured for medical office, however may be retro-fitted towards office, research & development, and potentially climate controlled advanced manufacturing. Low lot coverage, commerce park zoning, and excess land presents an opportunity for redevelopers and end users.

Listing Agent

Beth Jo Zeitzer

R.O.I. Properties License #BR044331000 Listed on: 05/30/2024

Co-Listing Agent

Jake Vice

R.O.I. Properties License #SA697209000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $105,562

Year Built

  • Built in 1996

Lot Details

  • 3.86 Acre Lot
  • Property is zoned CP/GCP

Home Design

  • 38,623 Sq Ft Home
  • Block Exterior
  • Metal Siding

Parking

  • 304 Open Parking Spaces
  • 304 Parking Spaces
  • Public Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • Arizona Business Park 5 Subdivision
  • Operating Expense $105,562

Listing and Financial Details

  • Assessor Parcel Number 207-42-257

Property Details

Property Type

Other

Est. Annual Taxes

$105,562

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Cross Street: Greenway & the 17
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: CP/GCP
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1996
  • Tax Year: 2023
  • Directions: From downtown Phoenix, take I-17 N, exit 210 for Greenway Rd, turn left on Greenway, right on 29th Ave, left on Libby St. The destination, 15601 N 28th Ave, will be on your left.
  • Lot Size Acres: 3.86
  • Co List Office Mls Id: roip01
  • Co List Office Phone: 602-319-1326
  • Subdivision Name: ARIZONA BUSINESS PARK 5
  • Structure Type: Other (See Remarks), Industrial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 38623.0

Exterior Features

  • Fencing: Other
  • Disclosures: Other (See Remarks)
  • Construction Type: Other, Metal Siding, Block
  • Roof: Other
  • Construction:Other (See Remarks)23: Yes
  • Construction:Block: Yes
  • Construction:Metal: Yes

Garage/Parking

  • Parking Features: Parking Lot, Other, Paved
  • Attached Garage: No
  • Open Parking Spaces: 304.0
  • Total Parking Spaces: 304.0
  • General Property Description:Uncvrd Parking Spcs: 304.0
  • General Property Description:Total Parking Spcs: 304.0
  • Parking Features Paved Parking: Yes
  • Parking Features Public Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 167967.0
  • Parcel #: 207-42-257

Multi Family

  • Annual Operating Expense: 105562.0

Tax Info

  • Tax Annual Amount: 105562.0
  • Tax Book Number: 207.00
  • Tax Lot: -
  • Tax Map Number: 42.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $104,357 $827,375 -- --
2024 $105,562 $812,601 -- --
2023 $105,562 $1,519,443 $358,105 $1,161,338
2022 $105,125 $1,416,328 $333,200 $1,083,128
2021 $109,520 $1,526,688 $342,720 $1,183,968
2020 $106,785 $1,451,988 $271,098 $1,180,890
2019 $104,836 $1,271,430 $245,556 $1,025,874
2018 $102,091 $1,258,632 $255,996 $1,002,636
2017 $101,573 $630,000 $100,275 $529,725
2016 $104,712 $630,000 $100,275 $529,725
2015 $104,651 $1,011,950 $846,338 $165,612
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 For Sale $12,500,000 -- $324 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $4,257,000 Commonwealth Title
Quit Claim Deed -- Transnation Title Ins Co
Warranty Deed $255,354 Transnation Title Ins Co
Warranty Deed $255,354 Transnation Title Ins Co
Warranty Deed $1,021,416 Transnation Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,812,300 Commercial
Closed $3,707,500 Commercial
Previous Owner $2,000,000 Commercial
Previous Owner $2,250,000 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6712179

Arizona Regional Multiple Listing Service (ARMLS)

APN: 207-42-257