$2,400,000
Buckeye, AZ 85326
MLS# 6139204
Status: Closed
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Property Description
37+ acres of prime development land located on a Maricopa County island within the rapidly growing City of Buckeye. Property has one on-site well and a septic system in place. City of Buckeye water line runs along the southern boundary with City of Buckeye sewer located .25 miles east. Zoned Maricopa County RU-43. Land includes 2 large buildings, 1 office building, 1 utility building and i manufactured home. Property is currently utilized as Valencia Cotton Gin. Property is in a designated Opportunity Zone which allows investors to receive a reduction on capital gain taxes. EQUIPMENT IS NOT INCLUDED. Property includes 2 APN numbers 504-40-010A & 504-40-011A for a total of 37.83 Deeded Acres.
Details
Contract Information
Current Price: $2,400,000
Sold Price: $2,400,000
Status: Closed
List Date: 2020-09-29
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location, Tax & Legal
Map Code/Grid: R24
House Number: 25516
Compass: W
Street Name: SOUTHERN
St Suffix: Avenue
City/Town Code: Buckeye
State/Province: AZ
Zip Code: 85326
Zip4: 5443
Country: US
County Code: Maricopa
Assessor Number: 504-40-010-A
Tax Year: 2020
General Property Description
Apx Total Acres: 37.83
Apx Total Acres G/N: G
Price Per Acre: 74015.33
Apx SqFt: 1647874.8
Price Per SqFt: 1.7
Apx SqFt G/N: G
Lot Size Dimensions: 1287 x 1265
Zoning: R-43
Elementary School District: Buckeye Elementary District
High School District: Buckeye Union High School District
Elementary School: Buckeye Elementary School
Jr. High School: Buckeye Elementary School
High School: Buckeye Union High School
Legal Info
Township: 1N
Range: 3W
Section: 30
Lot Number: '-'
Sold Info
Loan Type: Conventional
Loan Years: 10
Closing Cost Split: Buyer - B
Payment Type: Fixed
Buyer Concession $/%: %
Seller Concession $/%: %
Remarks Misc
Cross Street: Southern Avenue & Miller Road
Directions: From Interstate 10 exit Miller Road south approximately 2.5 miles to Southern Avenue thence west .20 miles to the property along the north side of the road.
Geo Lat: 33.393746
Geo Lon: -112.598358
Status Change Info
Off Market Date: 2020-10-01
Under Contract Date: 2020-10-01
Close of Escrow Date: 2020-12-31
Sold Price: $2,400,000
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Other (See Rmks)
Zoned Presently: Agricultural; Rural
Potential Use: Single Family; Multi-Family; Commercial; Agricultural; Office; Rural
Parcel Size: 20.00 - 39.99 Acres
Development Status: Raw Land
Elevation: Sea Level 1,000 Ft
Elevation Source: USGS
Land Configuration: Square Rectangular
Road Access Type: Dedicated Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Railroad: Railroad 1 - 5 Miles
Topography: Level
Existing Structures: Shed(s); Barn(s); Mobile Home; See Remarks
Water Source: Domestic Well
Sewer: Septic Tank
Electric: APS
Gas: SW Gas; Propane Bottled
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: Under 350 Feet
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: Within 1/2 Mile
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional; No Carry
Special: Unincorporated Area; Enterprise Zone; Accepting Back-Ups
Use Restrictions: Non Conforming Use
Environmental: None
Fencing: Wire; See Remarks
Listing Office: Arid State Land and Ag Associates,LLC
Office Phone: 623-386-7597
Last Updated: January - 01 - 2021
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Broker Attribution:
623-386-7597
