1647 S PLAZA Way, Flagstaff, AZ 86001
$5,200,000
Property Type:
Comm/Industry Sale
Square Footage:
32,017
Lot Size (sq. ft.):
113,725
Status:
Closed
Current Price:
$5,200,000
List Date:
6/04/2021
Last Modified:
1/17/2022
Description
Excellent investment opportunity. This 32,017 SF building is on 2.6 acres located on the west side of town across the street from Home Depot and near newly expanding residential areas. The building is 93% leased. Light industrial zoning allows for many quiet and clean uses. See Flagstaff Zoning Code here:
https://www.codepublishing.com/AZ/Flagstaff/html/Flagstaff10/Flagstaff1040030.html#10.40.30.050
More Information MLS# 6245822
Contract Info
Current Price: $5,200,000
Sold Price: $5,200,000
Status: Closed
List Date: 2021-05-26
Ownership: Fee Simple
Location Tax Legal
Map Code/Grid: C79
House Number: 1647
Compass: S
Street Name: PLAZA
St Suffix: Way
City/Town Code: Flagstaff
State/Province: AZ
Zip Code: 86001
Zip4: 7102
Country: USA
County Code: Coconino
Subdivision: WOODLANDS VILLAGE UNIT 1
Assessor Number: 112-24-007
Tax Year: 2020
General Property Description
Ttl Apx SqFt Bldg: 32017
# of Buildings: 1
Year Built: 1986
Uncvrd Parking Spcs: 10
Zoning: Lt industrial
Remarks Misc
Directions: On S Plaza Way between S Woodlands Village Blvd and S Yale St
Geo Lat: 35.186373
Geo Lon: -111.66759
Status Change Info
Status Change Date: 2022-01-17
Off Market Date: 2022-01-17
Under Contract Date: 2021-12-01
Close of Escrow Date: 2021-12-29
Sold Price: $5,200,000
Legal Info
Township: 21N
Range: 07E
Section: 20
Lot Number: 7
Income Expenses
Gross Annual Sch Inc: 526578
Net Operating Income: 351558
Sold Info
Loan Type: Exchange
Payment Type: Other
Clsing Cost Split: Buyer - B
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Commercial; Industrial
Current Use: Mixed Use
Stories: 1 Story
Construction: Metal
Roofing: Other (See Remarks)
Floors: Other
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Other; See Remarks
Cooling: Other; See Remarks
Loading Facilities: Other (See Remarks)
Interior: Other (See Remarks)
Fencing: None
Parking: Free; Paved Parking
Electric: City Electric
Gas: City Gas
Water: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Cash to Loan; 1031 Exchange
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Source of Fincl Data: Provided by Owner
Environmental: None
Listing Office: Da Vinci Realty, LLC
Last Updated: January - 17 - 2022
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