360 S Ocotillo/ Ocotillo Plaza, Unknown, AZ 85602
$1,250,000
Property Type:
Commercial
Square Footage:
45,000
Lot Size (sq. ft.):
174,240
Status:
Closed
Current Price:
$1,250,000
List Date:
9/21/2000
Last Modified:
10/25/2024
Description
Fantastic Comm. Opportunity B-2 Shopping Center Redevelopment In Benson, Az Income Is Potential At $5.00 Nnn. New Roof, New Sprinkler System, 3' Thick Foundation. Anchor Ace Hardware Move Out. Center Is Between Hospital & Post Office On Turn Off To Cochise College. Priced At $27 Sq Ft. will Trade
More Information MLS# 2017492
Address Information
Street #: 360
Direction: S
Street Name: Ocotillo/ Ocotillo Plaza
State/Province: AZ
Zip Code: 85602
County: Unknown
Country: USA
Location Tax Legal
Tax Code: 12319008E
Area: Benson/St. David
Contract Information
Current Price: $1,250,000
Sold Price: $1,250,000
Listing Date: 2000-09-20
Status: Closed
Status Change Info
Off Market Date: 2001-02-09
Pending Date: 2001-01-10
Sold Date: 2001-02-09
Sold Price: $1,250,000
Sold Price/SqFt: 27.77
Lot Sz Sold Prc/SqFt: 7.17
Financing: Conventional
General Property Information
# Units: 12
Year Built: 1977
Lot Dimensions: 492'X400' APPROXIMATE
Lot Acres: 4
Lot Sqft: 174240
Combined SqFt: 45000
Source of SqFt: Assessor
List Price/SqFt: 27.78
Lot Size Price/SqFt: 7.17
Remarks Misc
Geo Lat: 32.003299
Geo Lon: -110.2504
Showing Information
Directions: I-10 Exit At #303, Right At 1st Light To Subject On Right In Benson, Ariz. Just South Of Main Business Avenue.
Income
Gross Scheduled Rent: 225000
Vacancy Loss: 22500
Adjusted Gross: 202500
Net Opp Income: 202500
Analysis
Cap Rate %: 16.2
Gross Rent Multi: 6.17
Vacancy Rate %: 10
Property Features
A.D.A. Compliant: Yes
Phase 1 Report: No
Electric
3 Phase Power: Yes
Master Meter: No
Water
Water Company: Winterhaven
Property Features
Construction: Frame; Steel Frame
Main Cooling: Central Air; Evaporative Cooling; Zoned
Main Heating: Electric; Zoned
Sewer: Connected
Terms: Cash; Conventional; Exchange; Owner Carry; Submit
Property Disclosures: Unknown
Listing Office: Long Realty
Last Updated: October - 25 - 2024
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