$3,220,000
Chandler, AZ 85225
MLS# 4552992
Status: Closed
1 / 6
Property Description
BANK OWNED LIGHT INDUSTRIAL BUILDING FOR SALE OR LEASE IN CHANDLER!! SALE PRICE ONLY $63.18/SF!!! 30' clear height. Masonry construction. 10,000 SF Office (air conditioned), 48,559 SF warehouse (evaporative cooler). 5 dock high loading positions with edge of dock levelers, plus 2 grade level ramps. 1600 Amps of 277/480 Volts power. Skylights. Sprinklered. 40' x 40' column spacing. Ample parking. Zoning I-1 Light Industrial. Numerous retail, restaurant and service amenities nearby. (REF GPE3487)
Details
Contract Info
Ownership: Fee Simple
Current Price: $3,220,000
Sold Price: $3,220,000
Status: Closed
List Date: 2011-03-15
Location, Tax & Legal
Assessor's Map #: 24
Legal Description (Abbrev): MISTY MATE
Assessor's Parcel #: 426
Add'l Parcels: No
Tax Municipality: Chandler
Taxes: 76007.6
Legal: MISTY MATE MCR 996-39
Marketing Name: 450 E ELLIOT ROAD
Map Code/Grid: S39
House Number: 450
Compass: E
Street Name: ELLIOT
St Suffix: Road
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85225
Zip4: 1379
County Code: Maricopa
Subdivision: Misty Mate
Assessor Number: 302-24-426
Tax Year: 2011
General Property Description
Type of Property: Light Industrial
Ttl Apx SqFt Bldg: 58559
Ttl Apx Net Rnt Spc: 58559
# of Buildings: 1
Uncvrd Parking Spcs: 100
Year Built: 2008
Zoning: I-1
Legal Info
Range: 5E
Section: 10
Township: 1S
Lot Number: 1
Construction
Block: 1
Tilt-Up: 1
Roofing
Other: 1
Floors
Other: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 76007.6
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Industrial: 1
Manufacturing: 1
Business Type
Mixed: 1
Professional/Office: 1
Warehouse: 1
Wholesale: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 0
Equity: 3700000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
28.1 Feet or Over: 1
Heating
Electric: 1
Cooling
Office A/C: 1
Warehouse Evap: 1
Interior Features
Finished: 1
Loading Facilities
Dock Leveler(s): 1
Road Surface Type
Asphalt: 1
Exterior
Sprinkler System-Ground: 1
Landscaping: 1
Curb(s) & Gutter(s): 1
Building Sign: 1
Source of Fincl Data
Owner: 1
Fencing
Partial: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Paved: 1
Electric
SRP: 1
Gas
Other (See Remarks): 1
New Financing
Cash Only: 1
Cash to Loan: 1
Special
REO Property: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Other (See Remarks): 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Other (See Remarks): 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 0
Seller Concession $/%: %
Remarks Misc
Cross Street: E/NEC E. Elliot Road and N. Arizona Avenue
Directions: US 60 (Superstition Freeway) to SR 87 (N. Arizona Avenue) south. East on E. Elliot Road.
Geo Lat: 33.350386
Geo Lon: -111.835132
Status Change Info
Off Market Date: 2012-01-25
Under Contract Date: 2012-01-23
Close of Escrow Date: 2012-02-01
Sold Price: $3,220,000
Property Features
Building Type: Commercial; Industrial; Manufacturing
Business Type: Mixed; Professional/Office; Warehouse; Wholesale
Stories: 1 Story
Construction: Block; Tilt-Up
Roofing: Other
Floors: Other
Ceiling Height: 28.1 Feet or Over
Cooling: Office A/C; Warehouse Evap
Loading Facilities: Dock Leveler(s)
Interior Features: Finished
Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Building Sign
Fencing: Partial
Parking Features: Free; Paved
Electric: SRP
Gas: Other (See Remarks)
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Cash to Loan
Special: REO Property
Source of Fincl Data: Owner
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 Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Environmental: Other (See Remarks)
Listing Office: Avison Young
Last Updated: May - 23 - 2020
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