304-55-011 T, -, Gilbert, AZ 85295
$3,950,000
Property Type:
Land and Lots
Lot Size (sq. ft.):
358,012
Status:
Closed
Current Price:
$3,950,000
List Date:
9/27/2022
Last Modified:
10/26/2022
Description
Look no further! This property is a developers dream! Frontage on the soon to be 6 lane Germann Rd and visibility from the Loop 202 South Freeway! Major improvements in the area such as the diamond interchange of Germann Rd, expanding it to 6 lanes and the addition of a freeway on/off ramp at Lindsay Rd and loop 202. The addition of many new commercial, single family and multifamily properties within a 1 mile radius will bring businesses and patrons alike to this area. The increase in traffic and visibility make this property perfect for so many different businesses.
More Information MLS# 6200270
Contract Information
Current Price: $3,950,000
Sold Price: $3,950,000
Status: Closed
List Date: 2021-02-25
For Sale or Lease?: Sale
Type: ER
Location Tax Legal
Map Code/Grid: U40
House Number: 304-55-011
Street Name: T
St Suffix: --
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85295
Country: USA
County Code: Maricopa
Assessor Number: 304-55-011-S
Subdivision: N/A
Tax Year: 2020
General Property Description
Apx Total Acres: 8.15
Apx Total Acres G/N: G
Price Per Acre: 523312.88
# Lots in Listing: 1
Apx SqFt: 358012
Price Per SqFt: 11.91
Apx SqFt G/N: G
Lot Size Dimensions: Irregular
Horses: N
Street Frontage: 110
Zoning: LI
Flood Zone: No
Remarks Misc
Cross Street: Germann Rd & SIlverado Ct.
Directions: From Loop 202 & Gilbert Rd, head South on Gilbert Rd., East on Germann Rd. to Intersection of Germann Rd. and Silverado Ct. Property located on NE corner.
Geo Lat: 33.277833
Geo Lon: -111.776254
Status Change Info
Status Change Date: 2022-10-26
Off Market Date: 2022-09-27
Under Contract Date: 2022-05-23
Close of Escrow Date: 2022-10-25
Sold Price: $3,950,000
Legal Info
Township: 2S
Range: 6E
Section: 6
Lot Number: -
Sold Info
Loan Type: Cash
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Special Listing Cond: N/A
Existing Land Use: Farm; Other (See Rmks)
Zoned Presently: Industrial
Potential Use: Commercial; Industrial; Agricultural; Office; Retail; Pad Site; Ranch; Recreational; See Remarks
Parcel Size: 5.00 - 9.99 Acres
Land Features: Cul-De-Sac
Elevation: 1,001 - 2,000 Ft
Elevation Source: Owner
Vegetation: Row Crop
Land Configuration: Irregular Shape
Traffic Count: 15,001 to 25,000
Topography: Laser Level
Existing Structures: None
Water: City Franchise; Irr Ditch(es)-Unlnd
Sewer: Sewer - Public; Sewer - Available; Other (See Remarks)
Electric: SRP; Other (See Rmks)
Gas: SW 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: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
New Financing: Cash
Environmental: None
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Listing Office: The Brokery
Last Updated: October - 26 - 2022
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