1955 S VAL VISTA Drive, Mesa, AZ 85204
$3,574,802

Property Type: Comm/Industry Sale Square Footage: 53,149 Lot Size (sq. ft.): 655 Status: Closed
Current Price: $3,574,802 List Date: 2/18/2019 Last Modified: 1/25/2025
Overview
Description
• First Floor Consists of Approximately 20,198 SF Multi-Tenant Office
• Sale Price: $4,504,154 ($223 PSF)
• Perfect for Owner/User or Investor
• Mix of Vacant and Occupied Suites Available
• Divisible to 1,479 - 20,198 SF
• Individual Suites Available for Sale/Lease
• Across from Dana Park Shopping Center
• High Visibility off Baseline Road and Val Vista Drive
• Over 40,000 vehicles passing daily
Listing Details MLS# 5885066
Location, Tax & Legal
- Map Code/Grid
- R40
- House Number
- 1955
- Compass
- S
- Street Name
- VAL VISTA
- St Suffix
- Drive
- City/Town Code
- Mesa
- State/Province
- AZ
- Zip Code
- 85204
- Zip4
- 7371
- County Code
- Maricopa
- Subdivision
- VAL VISTA GATEWAY OFFICE PARK BLDG B CONDOMINIUMS
- Assessor Number
- 140-66-869
- Tax Year
- 2017
- Assessor's Map #
- 66
- Legal Description (Abbrev)
- LOT 101 VAL VISTA GATEWAY OFFICE PARK BLDG B CONDOMINIUMS MCR 091045
- Assessor's Parcel #
- 869
- Add'l Parcels
- Yes
- Tax Municipality
- Mesa
- Census Tract
- 422514
- Taxes
- 14879
- Legal
- LOT 101 VAL VISTA GATEWAY OFFICE PARK BLDG B CONDOMINIUMS MCR 091045
Contract Info
- Ownership
- Other (See Remarks)
General Property Description
- Ttl Apx SqFt Bldg
- 53149
- Ttl Apx Net Rnt Spc
- 20198
- # of Buildings
- Yes
- Year Built
- 2006
- Uncvrd Parking Spcs
- 10
- Zoning
- LC
Remarks Misc
- Cross Street
- N Val Vista Dr & E Baseline Rd
Status Change Info
- Off Market Date
- 2019-03-06
- Under Contract Date
- 2019-03-01
- Close of Escrow Date
- 2019-05-30
Legal Info
- Township
- 1N
- Range
- 6E
- Section
- 33
- Lot Number
- 101
More Information
Sold Info
- Loan Type
- Cash
- Payment Type
- Other
- Clsing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession $/%
- $
- Buyer Concession to Seller
- 0
- Seller Concession to Buyer
- 0
Construction
- Other
- Yes
Roofing
- Other
- Yes
Floors
- Other
- Yes
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
- No
- Annual Ownr Asoc Fee
- 0
- Annual PAD Fee
- 0
- Annual Rplcmnt Rsrvs
- 0
- Annual Other Expense
- 0
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 0
Building Type
- Office
- Yes
Business Type
- Mixed
- Yes
- Professional/Office
- Yes
Stories
- 2 Stories
- Yes
Pmt & Rate Info
- Down Payment
- 0
- Equity
- 4
- Total Owed
- 0
- Assessment Balance
- 0
Ceiling Height
- 10.1 Feet to 12 Feet
- Yes
Heating
- Other
- Yes
- See Remarks
- Yes
Cooling
- Other
- Yes
- See Remarks
- Yes
Interior Features
- Other (See Remarks)
- Yes
Loading Facilities
- Other (See Remarks)
- Yes
Source of Fincl Data
- Other (See Remarks)
- Yes
Fencing
- Other
- Yes
- See Remarks
- Yes
Water Source
- Other
- Yes
- See Remarks
- Yes
Sewer
- Other
- Yes
Parking Features
- Paved
- Yes
Electric
- Other (See Remarks)
- Yes
Gas
- Other (See Remarks)
- Yes
New Financing
- Other (See Remarks)
- Yes
Existing 1st Loan
- Other (See Rmks)
- Yes
Existing 1st Loan Type
- Not Applicable
- Yes
Existing 1st Loan Terms
- Not Applicable
- Yes
Existing 2nd Loan
- Other (See Remarks)
- Yes
Existing 2nd Loan Type
- Not Applicable
- Yes
Existing 2nd Loan Terms
- Not Applicable
- Yes
Existing 3rd Loan
- Other (See Remarks)
- Yes
Existing 3rd Loan Type
- Not Applicable
- Yes
Reports/Disclosures
- Other (See Remarks)
- Yes
Existing 3rd Loan Terms
- Not Applicable
- Yes
Environmental
- Other (See Remarks)
- Yes
Existing Othr Ln Trm
- Not Applicable
- Yes
Property Features
Building Type: Office Business Type: Mixed; Professional/Office Stories: 2 Stories Construction: Other Roofing: Other Floors: Other Ceiling Height: 10.1 Feet to 12 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Fencing: Other; See Remarks Parking Features: Paved Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: Other; See Remarks Sewer: Other New Financing: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Environmental: Other (See Remarks)
Listing Office: The Menlo Group Commercial Real Estate

Last Updated: January - 25 - 2025
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