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
Interior Features
Finished: 1
Loading Facilities
Grade Level: 1
Road Surface Type
Concrete: 1
Exterior
Dual Street Ftg: 1 Sprinkler System-Ground: 1 Landscaping: 1 Storage Yard: 1 Curb(s) & Gutter(s): 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 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Other (See Remarks): 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Use Restrictions
Deed Restrictions: 1 CC&R's: 1 Airport Flight Zone: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 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 Interior Features: Finished Exterior: Dual Street Ftg; Sprinkler System-Ground; Landscaping; Storage Yard; Curb(s) & Gutter(s) 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 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 Road Surface Type: Concrete 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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