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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