7974 N Oracle Road, Oro Valley, AZ 85704

$1,100,000
Property Type: Commercial Square Footage: 2,816 Lot Size (sq. ft.): 62 Status: Closed
Current Price: $1,100,000 List Date: 3/15/2006 Last Modified: 10/25/2024

Overview

Description

BEAUTIFULLY MAINT. SPANISH STYLE COMMERCIAL BLDG.THAT IS ATTACHED TO THE NORTH SIDE OF PLAZA ESCONDIDO SHOPPING CENTER. LOCATED AT THE SE CORNER OF ORACLE & MAGEE. THE PROPERTY IS ON THE NORTH END OF THE SHOPPING CENTER. A FEE SIMPLE OWNERSHIP. CURRENT TENANT,A NURSERY PLANS TO VACATE PROPERTY AT TIME OF SALE.PROPERTY WILL BE DELIVERED TENANT FREE. MARKET RENT FOR SIMILAR SPACE IN THE AREA RENT FOR $24 PER SQ FT.

Listing Details MLS# 2610639

Address Information

Street #
7974
Direction
N
Street Name
Oracle
Suffix
Road
State/Province
AZ
Zip Code
85704
County
Pima
Country
USA

Location, Tax & Legal

Tax Code
225-51-2170
Area
Northwest
Tax Year
2006
Taxes
10224
Assessments
0
Legal Description
ESCONDIDO PLAZA LOT 4
Municipality/Zoning
Oro Valley - C2
Fire Protection
None

General Property Information

Property Sub-Type
Retail
# Units
Yes
Year Built
1977
Lot Dimensions
136.68,47.11,105,138,100,21.40
Lot Acres
0.44
Lot Sqft
19237
Lot Size Source
Assessor
Combined SqFt
2816
Source of SqFt
Assessor
List Price/SqFt
426.14
Lot Size Price/SqFt
62.37

Property Features

Construction: Frame - Stucco Main Cooling: Central Air Main Heating: Heat Pump Sewer: Connected Water: Public Terms: Cash; Conventional Property Disclosures: Unknown

Status Change Info

Off Market Date
2006-07-31
Pending Date
2006-07-18
Sold Date
2006-07-31
Sold Price/SqFt
390.62
Lot Sz Sold Prc/SqFt
57.18
Financing
Conventional

More Information

Showing Information

Directions
ORACLE & MAGEE, GO EAST ON MAGEE TO NORTH ENTRANCE TO ESCONDIDO PLAZA. FIRST PROPERTY ON LEFT.

Income

Gross Scheduled Rent
67584
Adjusted Gross
67584
Net Opp Income
67584

Analysis

Cap Rate %
5.63
Gross Rent Multi
17.75

Expenses

Figures Presented
Proforma

Property Features

A.D.A. Compliant
No
Phase 1 Report
No

Electric

3 Phase Power
No
Master Meter
No

Construction

Frame - Stucco
Yes

Sewer

Connected
Yes

Water

Public
Yes

Main Cooling

Central Air
Yes

Main Heating

Heat Pump
Yes

Terms

Cash
Yes
Conventional
Yes

Property Disclosures

Unknown
Yes
IDX
Listing Office: Golden Sun Realty
Last Updated: October - 25 - 2024
The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

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