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

Overview

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

Listing Details MLS# 2017492

Address Information

Street #
360
Direction
S
Street Name
Ocotillo/ Ocotillo Plaza
State/Province
AZ
Zip Code
85602
County
Unknown
Country
USA

Location, Tax & Legal

Tax Code
12319008E
Area
Benson/St. David
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

General Property Information

# Units
12
Year Built
1977
Lot Dimensions
492'X400' APPROXIMATE
Lot Acres
4
Lot Sqft
174240
Combined SqFt
45000
Source of SqFt
Assessor
List Price/SqFt
27.78
Lot Size Price/SqFt
7.17

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

Status Change Info

Off Market Date
2001-02-09
Pending Date
2001-01-10
Sold Date
2001-02-09
Sold Price/SqFt
27.77
Lot Sz Sold Prc/SqFt
7.17
Financing
Conventional

More Information

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.

Income

Gross Scheduled Rent
225000
Vacancy Loss
22500
Adjusted Gross
202500
Net Opp Income
202500

Analysis

Cap Rate %
16.2
Gross Rent Multi
6.17
Vacancy Rate %
10

Property Features

A.D.A. Compliant
Yes
Phase 1 Report
No

Electric

3 Phase Power
Yes
Master Meter
No

Water

Water Company
Winterhaven

Construction

Frame
Yes
Steel Frame
Yes

Sewer

Connected
Yes

Main Cooling

Central Air
Yes
Evaporative Cooling
Yes
Zoned
Yes

Main Heating

Electric
Yes
Zoned
Yes

Terms

Cash
Yes
Conventional
Yes
Exchange
Yes
Owner Carry
Yes
Submit
Yes

Property Disclosures

Unknown
Yes
Listing Office: Long Realty
IDX
Last Updated: October - 25 - 2024
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