280 S 79TH Street, Chandler, AZ 85226
$8,200,000
Property Type:
Comm/Industry Sale
Square Footage:
68,000
Lot Size (sq. ft.):
142,539
Status:
Closed
Current Price:
$8,200,000
List Date:
8/31/2021
Last Modified:
7/01/2022
Description
Only the finest finishes, Quality is evident in every area of this amazing building it has to be seen to be believed and is one of the most desirable buildings of its type in the valley. It is a fantastic opportunity, like new hangar space, 4 hangars with 3 approx 20 x 70 doors and 2 20 X 90 doors suitable for all planes that can fly out of stellar airpark, the only FAA private airport in the valley suitable for many uses including Jets, Prop planes, helicopters etc.
This building contains 2 floors, the main floor is 48,800 sq ft with a 16380 Mezzanine.
More Information MLS# 5980463
Contract Info
Ownership: Fee Simple
Current Price: $8,200,000
Sold Price: $8,200,000
Status: Closed
List Date: 2019-09-19
Location, Tax & Legal
Assessor's Map #: 90
Legal Description (Abbrev): LOT 2 MINOR LAND DIVISION FOR STELLAR AIRPARK 2 MCR 092705
Assessor's Parcel #: 471
Add'l Parcels: No
Tax Municipality: Chandler
Census Tract: 811000
Taxes: 76615
Tax District: 280300
Legal: LOT 2 MINOR LAND DIVISION FOR STELLAR AIRPARK 2 MCR 092705
Marketing Name: Stellair Airpark
Map Code/Grid: T37
House Number: 280
Compass: S
Street Name: 79TH
St Suffix: Street
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85226
Zip4: 4738
County Code: Maricopa
Subdivision: MINOR LAND DIVISION FOR STELLAR AIRPARK 2
Assessor Number: 301-90-471
Tax Year: 2019
General Property Description
Type of Property: Hangar
Ttl Apx SqFt Bldg: 68000
# of Buildings: 1
Uncvrd Parking Spcs: 30
Lot Size Dimensions: 300x448
Year Built: 2008
Zoning: I-1
Legal Info
Range: 4E
Section: 35
Township: 1S
Lot Number: 2
Construction
Block: 1
Metal: 1
Ducts Professionally Air-Sealed: 1
Roofing
Built-Up: 1
Foam: 1
Floors
Concrete: 1
Sealed: 1
Bay Info
# of Bays: 5
# of Bay Doors: 5
Bay Door Height: 20
Bay Door Width: 90
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: Yes
Annual Ownr Asoc Fee: 1500
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 78115
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Building Type
Commercial: 1
Industrial: 1
Distribution/Warehouse: 1
Other (See Remarks): 1
Business Type
Recreation: 1
Professional/Office: 1
Warehouse: 1
Wholesale: 1
Stories
2 Stories: 1
Pmt & Rate Info
Down Payment: 0
Equity: 7250000
Total Owed: 0
Assessment Balance: 0
Showing Notification Methods
Text: 1
Lockbox Type
None: 1
Ceiling Height
16.1 Feet to 28 Feet: 1
Heating
Other: 1
See Remarks: 1
Cooling
Central Air: 1
Warehouse A/C: 1
Other: 1
See Remarks: 1
Loading Facilities
Grade Level: 1
Exterior
Dual Street Ftg: 1
Sprinkler System-Ground: 1
Landscaping: 1
Storage Yard: 1
Source of Fincl Data
Other (See Remarks): 1
Traffic Count
Up to 5,000: 1
Fencing
Other: 1
See Remarks: 1
Water Source
City Franchise: 1
Freeway/Highway
Up to 1 Mile: 1
Sewer
Sewer - Public: 1
Parking Features
Fenced: 1
Other: 1
Electric
SRP: 1
Underground: 1
220 Volts: 1
440 Volts: 1
Over 220 Amp: 1
3 Phase Power: 1
Gas
SW Gas: 1
New Financing
Cash Only: 1
1031 Exchange: 1
Special
Runway Access: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 3rd Loan
Other (See Remarks): 1
Use Restrictions
Deed Restrictions: 1
CC&R's: 1
Airport Flight Zone: 1
Reports/Disclosures
None: 1
Environmental
Other (See Remarks): 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Other
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: MacClintock & 202
Directions: Exit the 202 at MacClintock, north on MacClintock to Milky Way, North on 79th West on Jupiter
Geo Lat: 33.299072
Geo Lon: -111.913602
Status Change Info
Off Market Date: 2021-08-31
Under Contract Date: 2021-08-05
Close of Escrow Date: 2021-09-17
Sold Price: $8,200,000
Property Features
Building Type: Commercial; Industrial; Distribution/Warehouse; Other (See Remarks)
Business Type: Recreation; Professional/Office; Warehouse; Wholesale
Stories: 2 Stories
Construction: Block; Metal; Ducts Professionally Air-Sealed
Roofing: Built-Up; Foam
Floors: Concrete; Sealed
Ceiling Height: 16.1 Feet to 28 Feet
Heating: Other; See Remarks
Cooling: Central Air; Warehouse A/C; Other; See Remarks
Loading Facilities: Grade Level
Exterior: Dual Street Ftg; Sprinkler System-Ground; Landscaping; Storage Yard
Fencing: Other; See Remarks
Parking Features: Fenced; Other
Electric: SRP; Underground; 220 Volts; 440 Volts; Over 220 Amp; 3 Phase Power
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; 1031 Exchange
Showing Notification Methods: Text
Lockbox Type: None
Special: Runway Access
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 2nd Loan: Other (See Remarks)
Existing 3rd Loan: Other (See Remarks)
Existing Othr Ln Trm: Not Applicable
Traffic Count: Up to 5,000
Use Restrictions: Deed Restrictions; CC&R's; Airport Flight Zone
Environmental: Other (See Remarks)
Listing Office:
Keller Williams, Professional Partners
Last Updated: July - 01 - 2022
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