320 S Ocotillo, Benson, AZ 85602
$1,150,000
Property Type:
Commercial
Square Footage:
50,646
Lot Size (sq. ft.):
196,368
Status:
Closed
Current Price:
$1,150,000
List Date:
9/16/2004
Last Modified:
10/25/2024
Overview
Description
Listing Details MLS# 2423202
Address Information
- Street #
- 320
- Direction
- S
- Street Name
- Ocotillo
- State/Province
- AZ
- Zip Code
- 85602
- County
- Cochise
- Country
- USA
Location, Tax & Legal
- Tax Code
- 12319008C
- Area
- Benson/St. David
- Tax Year
- 2003
- Taxes
- 29317
- Assessments
- 0
- Legal Description
- Long legal in office. Carl Mickler of Carl Mickler Realty 446-7808 is additional co-listing agent.
- Municipality/Zoning
- Benson - TR36
- Fire Protection
- Included in Taxes
General Property Information
- Property Sub-Type
- Retail
- # Units
- 18
- Year Built
- 1974
- Lot Dimensions
- Irregular
- Lot Acres
- 4.51
- Lot Sqft
- 196368
- Lot Size Source
- Other
- Combined SqFt
- 50646
- Source of SqFt
- Owner
- List Price/SqFt
- 25.17
- Lot Size Price/SqFt
- 6.49
Property Features
Construction:
Metal
Main Cooling:
Zoned
Main Heating:
Forced Air; Natural Gas
Sewer:
Connected
Water:
Public
Terms:
Cash; Conventional; Submit
Property Disclosures:
Unknown
Status Change Info
- Off Market Date
- 2005-03-25
- Pending Date
- 2004-12-29
- Sold Date
- 2005-03-25
- Sold Price/SqFt
- 22.7
- Lot Sz Sold Prc/SqFt
- 5.85
- Financing
- Cash Owner Carryback
More Information
Showing Information
- Directions
- From Tucson east on Interstate 10 to Benson exit 303. Take exit and continue to Ocotillo (first traffic light). Turn right to property on right.
Income
- Gross Scheduled Rent
- 170698
- Vacancy Loss
- 49926
- Other Income
- 23244
- Adjusted Gross
- 144016
- Total Expenses
- 53049
- Net Opp Income
- 90967
Analysis
- Cap Rate %
- 7.13
- Gross Rent Multi
- 8.85
- Vacancy Rate %
- 29.24
- Exp/SqFt
- 1.04
- Exp % of Gross
- 36.83
Expenses
- Figures Presented
- Actual
- Gas/Electric
- 2100
- Insurance
- 7668
- Taxes/Assessments
- 29317
- Water/Sewer
- 3600
- Other Expenses
- 10364
Property Features
- A.D.A. Compliant
- Yes
- Phase 1 Report
- Yes
Electric
- 3 Phase Power
- Yes
- Master Meter
- No
Sold Info
- Down Payment
- 345000
Construction
- Metal
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Zoned
- Yes
Main Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- Submit
- Yes
Property Disclosures
- Unknown
- Yes
Listing Office:
Art Kelley, CCIM
Last Updated: October - 25 - 2024
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