Vista Point Properties

15771 N Oracle Road, Tucson, AZ 85739

$1,200,000
Property Type: Commercial Square Footage: 3,760 Lot Size (sq. ft.): 165,527 Status: Closed
Current Price: $1,200,000 List Date: 8/26/2021 Last Modified: 12/14/2024

Description

Great Opportunities! 3.8 acres. On State Highway 77 (Oracle Road) in Catalina's business district just north of Oro Valley and Tucson. Excellent site, prime for redevelopment and in the heart of Catalina. Operating currently as RV storage and propane (approx. 143 spaces most are month to month, some paid in advance) and is CB-2 Zoning. Existing metal building is4000 square feet and serves as the store office. Recent development improvements are complete and comply with county and state regulations. The value is in the land and location. The land was appraised without any improvements at $1,200,000 last year Take a look!

More Information MLS# 22121824

Address Information

Street #: 15771 Direction: N Street Name: Oracle Suffix: Road State/Province: AZ Zip Code: 85739 County: Pima Country: USA

Location Tax Legal

Tax Code: 222-21-0560 Area: Upper Northwest

Contract Information

Current Price: $1,200,000 Sold Price: $1,200,000 Listing Date: 2021-08-20 Status: Closed Method of Title: Fee (Simple) Short Sale: No

Status Change Info

Off Market Date: 2021-10-19 Pending Date: 2021-11-29 Sold Date: 2021-12-17 Sold Price: $1,200,000 Sold Price/SqFt: 319.15 Lot Sz Sold Prc/SqFt: 7.25 Financing: Cash

General Property Information

Property Sub-Type: Other Construction Status: Existing Total Parking: 143 Year Built: 1976 Lot Dimensions: 37X452X341X531 Lot Acres: 3.8 Lot Sqft: 165527 Lot Size Source: Assessor Combined SqFt: 3760 Source of SqFt: Assessor List Price/SqFt: 398.94 Lot Size Price/SqFt: 9.06

Remarks Misc

Geo Lat: 32.492196 Geo Lon: -110.926291

Showing Information

Directions: On the west side of Oracle Rd just N of the Catalina Inn

Income

Gross Scheduled Rent: 65000 Other Income: 19000 Adjusted Gross: 65700.32 Net Opp Income: 84000

Analysis

Exp % of Gross: 17049

Expenses

Gas/Electric: 620 Insurance: 1000 Taxes/Assessments: 15449.68

Unit Information

Hotel/Motel: Full Service Mobile Home/RV Park: RV Park Office: Warehouse Retail: Day Care Facility/Nursery Special Purpose: Greenhouse/Nursery Other: Ranch supply

Warehouse Storage

Warehouse SqFt: 3760

Electric

Electric Company: tep

Property Disclosures

DWR Regulations: Yes

Sold Info

Down Payment: 20000

Property Features

Property Features: Drive-Thru; Storage; Warehouse Construction: Metal Roof: Metal Space Information: Grade Level Warehouse Storage: Dry Fenced Storage: Yes Main Cooling: Evaporative Cooling; Wall Unit(s) Main Heating: None Gas: Propane Sewer: Septic Water: Pvt Well (Registered) Accessibility Option: Entry; Ramped Main Level; Wide Doorways Security: None Green Features: Only Native Plants; Previously Developed Fence: Block; Chain Link Landscape - Front: Desert Plantings; Low Care; Shrubs; Trees Landscape - Rear: Desert Plantings Road Type: Chip/Seal; Paved Parking: Paved Parking Lot Features: East/West Exposure Business Location: Free Standing Bldg Terms: Cash; Conventional; Submit Possession: Immediate Submit With Offer: Lender Pre-Approval; Loan Pre-Qualifiaction; On-Site Wastewater; Proof of Funds; Written Lender Approval Property Disclosures: Appraisal; Inventory List; Lead Based Paint; Seller Prop Disclosure; WQARF Special Conditions: None
Listing Office: Engel & Volkers Tucson
Last Updated: December - 14 - 2024
15771 N Oracle Road, Tucson, AZ 85739- MLS# 22121824
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