15654 E Ray Road 0, Gilbert, AZ 85295 - MLS #5685803

images$6,000,000 images******** Beds

images******** Bath images581,067 sqft images********

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Description

13.34 acres of prime commercial property consisting of 3 parcels of land. Strategically located at the northwest corner of Ray Road and San Tan Village Parkway approx 1/4 mile from Highway 202, within 1/2 mile of the new San Tan Regional Mall. This prime property has 600 feet of frontage on Ray Road. This is in the Santan corridor growth area and outside the William Gateway Airport overlay district. Current zoning is Community commercial. Community Commercial areas provide the commercial and service needs of residents in the surrounding areas. Call agent for more information! Great owner owned or investment opportunities.

Property Features
Special Listing Cond: Owner/Agent; N/A
Existing Land Use: Commercial Acreage
Zoned Presently: Commercial; Other (See Rmks)
Potential Use: Commercial; Retail; Other; See Remarks
Parcel Size: 10.00 - 19.99 Acres
Development Status: Raw Land
Land Features: Corner Lot; North/South Exp; Other; See Remarks
Elevation: 2,001 - 3,000 Ft
Land Configuration: Square Rectangular
Road Surface Type: Asphalt
Railroad: Rail Served
Topography: Level
Existing Structures: None
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
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: Other (See Rmks)
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Other (See Rmks)
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Rmks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash; Conventional; Owner May Carry; Option; Lease Option
Environmental: Phase I Available
Contract Information
Current Price: $6,000,000
Sold Price: $6,000,000
Status: Closed
List Date: 2017-11-07
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location Tax Legal
Map Code/Grid: T40
House Number: 15654
Compass: E
Street Name: Ray
St Suffix: Road
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85295
County Code: Maricopa
Assessor Number: 304-26-648
Tax Year: 2008
General Property Description
Apx Total Acres: 13.34
Apx Total Acres G/N: G
Price Per Acre: 487256.37
Apx SqFt: 581067
Price Per SqFt: 11.19
Apx SqFt G/N: G
Lot Size Dimensions: 622 ft. x 606 ft.
Horses: N
Street Frontage: 371
Zoning: CC
Elementary School: Other
Jr. High School: Other
High School: Other
Remarks Misc
Cross Street: San Tan Village Pkwy & Ray Rd.
Geo Lat: 33.3215
Geo Lon: -111.744441
Status Change Info
Off Market Date: 2018-07-24
Under Contract Date: 2018-07-20
Close of Escrow Date: 2019-04-26
Sold Price: $6,000,000
Legal Info
Township: 1S
Range: 6E
Section: 21
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession $/%: $
Seller Concession $/%: $