3123 S Hwy 83, Sonoita, AZ 85637 (MLS# 2621702)

$1,395,000

3123 S Hwy 83
Sonoita, AZ 85637
MLS# 2621702
Status: Closed
2560 sqft

Plaza Los Rieles a busy office complex, includes a hair salon,accountants, computer systems, home builder. All established long term tenants.

1 / 3

Busy strip mall has a dentist, travel agency,real estate and two manufacturing offices all of which are long term established tenants. This location fronts busy Highway #83 which is passed daily by local residents and visitors on their way to local wineries and Parker Lake. Ample parking and a buildable corner lot make this a great investment.

Beautiful location suitable for future medical park or similar enterprise. Approximately 8.3 acres available. Located north east of the office plaza and cottages with the strip offices on the South side. Medical facilities will be essential to this growing community in the near future.

Property Description
GREAT INVESTMENT opportunity with profitable annual revenue. Approx. 6 acres yet to develop, 99% occupancy, water company included. 12 storage units,4 rental cottages, 8 unit office plaza, 5 unit office strip. Hwy frontage, B-2 zoning, drip system,septic systems. All sizes approx. and need verifying.

Details

Address Information

Country: USA

Street #: 3123

Direction: S

Street Name: Hwy 83

State/Province: AZ

Zip Code: 85637

County: Santa Cruz

Location, Tax & Legal

Tax Year: 2001

Taxes: 14647

Assessments: 0

Legal Description: Tax Codes 109-16-004H, 109-16-031

Municipality/Zoning: Other – CALL

Fire Protection: None

Tax Code: 10916004H

Area: Santa Cruz

Status Change Info

Off Market Date: 2007-04-20

Sold Price/SqFt: 544.92

Lot Sz Sold Prc/SqFt: 2.91

Financing: Cash

Pending Date: 2007-04-09

Sold Date: 2007-04-20

Sold Price: $1,395,000

Showing Information

Directions: 1/4 mile south of Hwy 82/83 on left hand side of Hwy 83.

General Property Information

# Units: 29

Lot Dimensions: irregular

Lot Acres: 11

Lot Sqft: 479160

Lot Size Source: Other

Source of SqFt: Owner

List Price/SqFt: 722.27

Lot Size Price/SqFt: 3.85

Year Built: 1984

Combined SqFt: 2560

Electric

3 Phase Power: Yes

Master Meter: Yes

Income

Total Expenses: 28102

Net Opp Income: -28102

Analysis

Exp/SqFt: 10.97

Expenses

Admin Expenses: 1725

Contract Services: 2375

Figures Presented: Actual

Gas/Electric: 1237

Insurance: 2105

Maintenance Supplies: 11585

Management: 9075

Sewer

Septic: 1

Property Features

A.D.A. Compliant: Yes

Phase 1 Report: No

Terms

Cash: 1

Conventional: 1

Owner Carry: 1

Property Disclosures

Unknown: 1

Contract Information

Current Price: $1,395,000

Sold Price: $1,395,000

Listing Date: 2006-05-18

Status: Closed

Property Features

Sewer: Septic

Terms: Cash; Conventional; Owner Carry

Property Disclosures: Unknown

Listing Office: Sonoita Realty

Last Updated: October – 25 – 2024

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo.
All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.

Community Golf Course Homes