7974 N Oracle Road, Oro Valley, AZ 85704 (MLS# 2610639)

$1,100,000

7974 N Oracle Road
Oro Valley, AZ 85704
MLS# 2610639
Status: Closed
2816 sqft

1 / 8

FRONT ENTRANCE TO SHOWROOM & NURSERY AREA ON NORTH SIDE OF BULIDING.

Property Description
BEAUTIFULLY MAINT. SPANISH STYLE COMMERCIAL BLDG.THAT IS ATTACHED TO THE NORTH SIDE OF PLAZA ESCONDIDO SHOPPING CENTER. LOCATED AT THE SE CORNER OF ORACLE & MAGEE. THE PROPERTY IS ON THE NORTH END OF THE SHOPPING CENTER. A FEE SIMPLE OWNERSHIP. CURRENT TENANT,A NURSERY PLANS TO VACATE PROPERTY AT TIME OF SALE.PROPERTY WILL BE DELIVERED TENANT FREE. MARKET RENT FOR SIMILAR SPACE IN THE AREA RENT FOR $24 PER SQ FT.

Details

Maps

Address Information

Country: USA

Street #: 7974

Direction: N

Street Name: Oracle

Suffix: Road

State/Province: AZ

Zip Code: 85704

County: Pima

Location, Tax & Legal

Tax Year: 2006

Taxes: 10224

Assessments: 0

Legal Description: ESCONDIDO PLAZA LOT 4

Municipality/Zoning: Oro Valley – C2

Fire Protection: None

Tax Code: 225-51-2170

Area: Northwest

Status Change Info

Off Market Date: 2006-07-31

Sold Price/SqFt: 390.62

Lot Sz Sold Prc/SqFt: 57.18

Financing: Conventional

Pending Date: 2006-07-18

Sold Date: 2006-07-31

Sold Price: $1,100,000

Showing Information

Directions: ORACLE & MAGEE, GO EAST ON MAGEE TO NORTH ENTRANCE TO ESCONDIDO PLAZA. FIRST PROPERTY ON LEFT.

General Property Information

Property Sub-Type: Retail

# Units: 1

Lot Dimensions: 136.68,47.11,105,138,100,21.40

Lot Acres: 0.44

Lot Sqft: 19237

Lot Size Source: Assessor

Source of SqFt: Assessor

List Price/SqFt: 426.14

Lot Size Price/SqFt: 62.37

Year Built: 1977

Combined SqFt: 2816

Electric

3 Phase Power: No

Master Meter: No

Income

Adjusted Gross: 67584

Gross Scheduled Rent: 67584

Net Opp Income: 67584

Analysis

Gross Rent Multi: 17.75

Cap Rate %: 5.63

Construction

Frame – Stucco: 1

Expenses

Figures Presented: Proforma

Sewer

Connected: 1

Water

Public: 1

Property Features

A.D.A. Compliant: No

Phase 1 Report: No

Main Cooling

Central Air: 1

Main Heating

Heat Pump: 1

Terms

Cash: 1

Conventional: 1

Property Disclosures

Unknown: 1

Contract Information

Current Price: $1,100,000

Sold Price: $1,100,000

Listing Date: 2006-03-14

Status: Closed

Remarks Misc

Geo Lat: 32.351393

Geo Lon: -110.972948

Property Features

Construction: Frame – Stucco

Main Cooling: Central Air

Main Heating: Heat Pump

Sewer: Connected

Water: Public

Terms: Cash; Conventional

Property Disclosures: Unknown

Listing Office: Golden Sun Realty

Last Updated: October – 25 – 2024

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