4713 N 1st Av, Tucson, AZ 85718 (MLS# 21627755)

$1,950,000

4713 N 1st Av
Tucson, AZ 85718
MLS# 21627755
Status: Closed
26143 sqft

1 / 11

Property Description
Investor opportunity at 4701-4747 N 1st Ave. Professional office plaza consisting of 18 separate tenant spaces ranging from 495-3645 sf, 18 parcel #’s, all spaces are leased & a well maintained property. See appendix 1 for parcel #’s & legal descriptions.
All units with heat pumps except 4 with combo of gas heat, electric AC.

Details

Maps

Documents

Address Information

Country: USA

Street #: 4713

Direction: N

Street Name: 1st Av

State/Province: AZ

Zip Code: 85718

County: Pima

Location, Tax & Legal

Tax Year: 2016

Taxes: 46432.5

Assessments: 0

Legal Description: See appendix 1 for multiple legal descriptions

Municipality/Zoning: Pima County – TR

Fire Protection: Included in Taxes

Tax Code: 105-09-3000

Area: North

Status Change Info

Off Market Date: 2016-12-02

Sold Price/SqFt: 74.59

Lot Sz Sold Prc/SqFt: 19.46

Financing: Cash Owner Carryback

Pending Date: 2016-12-31

Sold Date: 2017-01-09

Sold Price: $1,950,000

Showing Information

Directions: 1st Ave/ River Road South to Complex 4701-4749 N 1st Ave

General Property Information

# Units: 18

Lot Dimensions: irregular

Lot Acres: 2.3

Lot Sqft: 100188

Lot Size Source: Assessor

Source of SqFt: Assessor

List Price/SqFt: 76.5

Lot Size Price/SqFt: 19.96

Year Built: 1974

Combined SqFt: 26143

Income

Vacancy Loss: 30459

Total Expenses: 151232.55

Gross Scheduled Rent: 304896

Net Opp Income: 122904

Analysis

Vacancy Rate %: 9.99

Exp/SqFt: 5.78

Construction

Concrete Block: 1

Expenses

Admin Expenses: 19000

Captial Expenses: 0

Contract Services: 30000

Figures Presented: Actual

Gas/Electric: 0

Insurance: 10500

Maintenance Supplies: 0

Management: 24000

Resident Manager: 0

Taxes/Assessments: 46432.55

Water/Sewer: 18000

Other Expenses: 3300

Sewer

Connected: 1

Water

Public: 1

Property Features

A.D.A. Compliant: Yes

Main Cooling

Central Air: 1

Main Heating

Heat Pump: 1

Terms

Cash: 1

Conventional: 1

Sold Info

Est. Closing Date: 2017-01-09

Seller Concessions: 0

Seller Paid Repairs: 37600

Property Disclosures

Unknown: 1

Contract Information

Current Price: $1,950,000

Sold Price: $1,950,000

Listing Date: 2016-10-15

Status: Closed

Remarks Misc

Geo Lat: 32.292702

Geo Lon: -110.961825

Property Features

Construction: Concrete Block

Main Cooling: Central Air

Main Heating: Heat Pump

Sewer: Connected

Water: Public

Terms: Cash; Conventional

Property Disclosures: Unknown

Listing Documents

Tax Id & Legal Description

Listing Office: Tierra Antigua Realty

Last Updated: December – 09 – 2024

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