$3,900,000
Tempe, AZ 85283
MLS# 6888577
1 / 18
Property Description
Off-highway parking in the rear of the building. Eastside personnel doors for 1st or 2nd floor access and for cargo loading. August 2024 remodeled both 1st and 2nd floor suites for the IT tenant, Cash Flow Management (CFM), left for a larger space. Seller is a licensed real estate person inactive). Dbsi Real Estate LLC, related to the building Owner
Details
Contract Info
Ownership: Fee Simple
Current Price: $3,900,000
List Price: $3,900,000
Status: Active
List Date: 2025-07-03
Location, Tax & Legal
Assessor's Map #: 38
Legal Description (Abbrev): LAKE COUNTRY ESTATES UNIT I MCR 132/29 PT TRACT A DAF BEG SE COR TR A TH W 417F TO PT N 354.93F E
Assessor's Parcel #: 3
Assessor Parcel Ltr: G
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 319401
Taxes: 45470
Legal: LAKE COUNTRY ESTATES UNIT I MCR 132/29 PT TRACT A DAF BEG SE COR TR A TH W 417F TO PT N 354.93F E
Marketing Name: 1232 E Baseline SALE
House Number: 1232
Compass: E
Street Name: BASELINE
St Suffix: Road
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85283
Zip4: 1450
County Code: Maricopa
Subdivision: LAKE COUNTRY ESTATES UNIT 1
Assessor Number: 133-38-003-G
Tax Year: 2024
General Property Description
Type of Property: 2 Story Office Building
Ttl Apx SqFt Bldg: 19120
Ttl Apx Net Rnt Spc: 18022
# of Buildings: 1
Uncvrd Parking Spcs: 67
Stories: 2
Lot Size Dimensions: 203 x 355 x 208 x 300
Flood Zone: No
Volts/Amps: 2500 amp
Year Built: 1987
Zoning: C-C
Legal Info
Range: 4E
Section: 35
Township: 1N
Lot Number: 1
Construction
Block: 1
Tilt-Up: 1
Roofing
Built-Up: 1
Tile: 1
Floors
Concrete: 1
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 115000
Operating Exp: 160470
Other Income: 20000
Vacancy Allowance: 0
Adjusted Gross Inc: 85000
Building Type
Commercial: 1
Office: 1
Business Type
Service Business: 1
Professional/Office: 1
Pmt & Rate Info
Equity: 3900000
1st Encumbrance: 0
2nd Encumbrance: 0
2nd Payment Freq: None
3rd Encumbrance: 0
3rd Payment Freq: None
Total Owed: 0
Avg Rent P/SqFt: 20
Assessment Balance: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Phone Call: 1
Lockbox Type
None: 1
Ceiling Height
10.1 Feet to 12 Feet: 1
Heating
Heat Pump: 1
Cooling
See Remarks: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Security Light(s): 1
Private Restrooms: 1
Public Restrooms: 1
Loading Facilities
Grade Level: 1
None: 1
Other (See Remarks): 1
Road Access Type
Dedicated Street: 1
Road Surface Type
Asphalt: 1
Exterior
Sprinkler System-Ground: 1
Landscaping: 1
Curb(s) & Gutter(s): 1
Building Sign: 1
Sidewalk(s): 1
Monument Sign: 1
Security Light(s): 1
Security Camera(s): 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Fencing
Block: 1
Partial: 1
Water Source
City Franchise: 1
Freeway/Highway
Frontage: 1
Building Features
Public Elevator(s): 1
Conference Room: 1
Reception Room: 1
Kitchen: 1
Fiber Optic Availble: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Parking Lot: 1
Paved: 1
Electric
APS: 1
Underground: 1
Master Meter: 1
Gas
None: 1
New Financing
Cash Only: 1
Special
Have First Right: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Use Restrictions
CC&R's: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 480-421-9330
Remarks Misc
Cross Street: Lakeshore Drive & Baseline (nr Rural)
Directions: South of 60 on Rural to Bassline of Lakeshore. Or McClintock to Baseline. Signal corner at Lakeshore Drive.
Geo Lat: 33.378895
Geo Lon: -111.918634
Income Expenses
Gross Annual Sch Inc: 65000
Property Features
Building Type: Commercial; Office
Business Type: Service Business; Professional/Office
Construction: Block; Tilt-Up
Roofing: Built-Up; Tile
Floors: Concrete; Vinyl; Ceramic Tile; Carpet
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Heat Pump
Cooling: See Remarks
Loading Facilities: Grade Level; None; Other (See Remarks)
Interior Features: Finished; Fire Sprinklers; Security Light(s); Private Restrooms; Public Restrooms
Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Monument Sign; Security Light(s); Security Camera(s)
Fencing: Block; Partial
Building Features: Public Elevator(s); Conference Room; Reception Room; Kitchen; Fiber Optic Availble
Parking Features: Free; Parking Lot; Paved
Road Access Type: Dedicated Street
Electric: APS; Underground; Master Meter
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only
Showing Notification Methods: Phone Call
Lockbox Type: None
Special: Have First Right
Source of Fincl Data: Owner; Projected Proforma
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Treat as Free&Clear
Existing 3rd Loan: Treat as Free&Clear
Road Surface Type: Asphalt
Use Restrictions: CC&R's
Environmental: None
Supplements
Property has first and second floors available for lease.
Listing Office: DBSI Real Estate, LLC
Last Updated: October - 01 - 2025
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