$3,950,000
Gilbert, AZ 85295
MLS# 6200270
Status: Closed
1 / 9
Property Description
Look no further! This property is a developers dream! Frontage on the soon to be 6 lane Germann Rd and visibility from the Loop 202 South Freeway! Major improvements in the area such as the diamond interchange of Germann Rd, expanding it to 6 lanes and the addition of a freeway on/off ramp at Lindsay Rd and loop 202. The addition of many new commercial, single family and multifamily properties within a 1 mile radius will bring businesses and patrons alike to this area. The increase in traffic and visibility make this property perfect for so many different businesses.
Details
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $3,950,000
Sold Price: $3,950,000
Status: Closed
List Date: 2021-02-25
Location, Tax & Legal
Lot #: -
Assessor's Map #: 55
Assessor's Parcel #: 11
Assessor Parcel Ltr: S
Add'l Parcels: No
Tax Municipality: Gilbert
Census Tract: 815300
Taxes: 100
Map Code/Grid: U40
House Number: 304-55-011
Street Name: T
St Suffix: --
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85295
County Code: Maricopa
Assessor Number: 304-55-011-S
Subdivision: N/A
Tax Year: 2020
General Property Description
Apx Total Acres: 8.15
Apx Total Acres G/N: G
Price Per Acre: 523312.88
# Lots in Listing: 1
Apx SqFt: 358012
Price Per SqFt: 11.91
Apx SqFt G/N: G
Lot Size Dimensions: Irregular
Flood Zone: No
Horses: N
Street Frontage: 110
Zoning: LI
Legal Info
Range: 6E
Section: 6
Township: 2S
Lot Number: -
Special Listing Cond
N/A: 1
Pmt & Rate Info
Equity: 3550000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Showing Notification Methods
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Existing Land Use
Farm: 1
Other (See Rmks): 1
Zoned Presently
Industrial: 1
Potential Use
Commercial: 1
Industrial: 1
Agricultural: 1
Office: 1
Retail: 1
Pad Site: 1
Ranch: 1
Recreational: 1
See Remarks: 1
Parcel Size
5.00 - 9.99 Acres: 1
Land Features
Cul-De-Sac: 1
Elevation
1,001 - 2,000 Ft: 1
Elevation Source
Owner: 1
Vegetation
Row Crop: 1
Land Configuration
Irregular Shape: 1
Traffic Count
15,001 to 25,000: 1
Water Source
City Franchise: 1
Irrigation Ditch(es) -- Unlined: 1
Freeway/Highway
Frontage: 1
Sewer
Sewer - Public: 1
Sewer - Available: 1
Other: 1
Electric
SRP: 1
Other (See Rmks): 1
Topography
Laser Level: 1
Gas
SW Gas: 1
Other (See Rmks): 1
Existing Structures
None: 1
Distance to Cable
Under 350 Feet: 1
New Financing
Cash: 1
Distance to Phone
Under 350 Feet: 1
Distance to Water
Under 350 Feet: 1
Existing 1st Loan
Treat as Free&Clear: 1
Distance to Electric
Under 350 Feet: 1
Existing 1st Loan Type
Not Applicable: 1
Distance to Gas
Under 350 Feet: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
Under 350 Feet: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Germann Rd & SIlverado Ct.
Directions: From Loop 202 & Gilbert Rd, head South on Gilbert Rd., East on Germann Rd. to Intersection of Germann Rd. and Silverado Ct. Property located on NE corner.
Geo Lat: 33.277833
Geo Lon: -111.776254
Status Change Info
Off Market Date: 2022-09-27
Under Contract Date: 2022-05-23
Close of Escrow Date: 2022-10-25
Sold Price: $3,950,000
Property Features
Special Listing Cond: N/A
Existing Land Use: Farm; Other (See Rmks)
Zoned Presently: Industrial
Potential Use: Commercial; Industrial; Agricultural; Office; Retail; Pad Site; Ranch; Recreational; See Remarks
Parcel Size: 5.00 - 9.99 Acres
Land Features: Cul-De-Sac
Elevation: 1,001 - 2,000 Ft
Elevation Source: Owner
Vegetation: Row Crop
Land Configuration: Irregular Shape
Traffic Count: 15,001 to 25,000
Topography: Laser Level
Existing Structures: None
Water Source: City Franchise; Irrigation Ditch(es) -- Unlined
Sewer: Sewer - Public; Sewer - Available; Other
Electric: SRP; Other (See Rmks)
Gas: SW Gas; Other (See Rmks)
Distance to Cable: Under 350 Feet
Distance to Phone: Under 350 Feet
Distance to Water: Under 350 Feet
Distance to Electric: Under 350 Feet
Distance to Gas: Under 350 Feet
Distance to Sewer: Under 350 Feet
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
New Financing: Cash
Environmental: None
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Listing Office: The Brokery
Last Updated: October - 26 - 2022
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