15654 E Ray Road 0, Gilbert, AZ 85295
$6,000,000
Property Type:
Land
Lot Size (sq. ft.):
581,067
Status:
Closed
Current Price:
$6,000,000
List Date:
11/09/2017
Last Modified:
8/06/2021
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.
More Information MLS# 5685803
Contract Information
Type: Exclusive Right To Sell
For Sale or Lease?: Sale
Current Price: $6,000,000
Sold Price: $6,000,000
Status: Closed
List Date: 2017-11-07
Location, Tax & Legal
Lot #: 0
Assessor's Map #: 26
Assessor's Parcel #: 648
Add'l Parcels: Yes
Tax Municipality: Gilbert
Census Tract: 522743
Taxes: 5124
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
Elementary School: Other
Jr. High School: Other
High School: Other
Zoning: CC
Legal Info
Range: 6E
Section: 21
Township: 1S
Special Listing Cond
Owner/Agent: 1
N/A: 1
Pmt & Rate Info
Down Payment: 0
Equity: 6500000
Total Owed: 0
Assoc/Prop Info
HOA Y/N: N
PAD Fee Y/N: N
Assessed Balance: 0
HOA 2 Y/N: N
Existing Land Use
Commercial Acreage: 1
Zoned Presently
Commercial: 1
Other (See Rmks): 1
Potential Use
Commercial: 1
Retail: 1
Other: 1
See Remarks: 1
Parcel Size
10.00 - 19.99 Acres: 1
Development Status
Raw Land: 1
Land Features
Corner Lot: 1
North/South Exp: 1
Other: 1
See Remarks: 1
Elevation
2,001 - 3,000 Ft: 1
Land Configuration
Square Rectangular: 1
Road Surface Type
Asphalt: 1
Water Source
City Franchise: 1
Freeway/Highway
Frontage: 1
Up to 1 Mile: 1
Sewer
Sewer - Public: 1
Railroad
Rail Served: 1
Electric
SRP: 1
Topography
Level: 1
Gas
Other (See Rmks): 1
Existing Structures
None: 1
Distance to Cable
Under 350 Feet: 1
New Financing
Cash: 1
Conventional: 1
Owner May Carry: 1
Lease Option: 1
Option: 1
Distance to Phone
Under 350 Feet: 1
Distance to Water
Under 350 Feet: 1
Existing 1st Loan
Other (See Rmks): 1
Distance to Electric
Under 350 Feet: 1
Existing 1st Loan Type
Not Applicable: 1
Distance to Gas
Under 350 Feet: 1
Existing 1st Loan Terms
Not Applicable: 1
Distance to Sewer
Under 350 Feet: 1
Existing 2nd Loan
Other (See Rmks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Rmks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
ALTA Survey Alba: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
Phase I Available: 1
Existing Other Loan
Not Applicable: 1
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
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
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
Listing Office:
West USA Realty
Last Updated: August - 06 - 2021
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