1200 N 77TH Street, Scottsdale, AZ 85257

$5,500,000

Property Type: Comm/Industry Sale Square Footage: 30,218 Lot Size (sq. ft.): 104,021 Status: Closed

Current Price: $5,500,000 List Date: 4/20/2020 Last Modified: 12/01/2020

Description

Rare Opportunity for multiple types of uses. Originally built as a specialty medical campus with room to house 50 People. Includes Cafeteria, Classrooms and Prime office space. The buildings totaling about 30,900 SF. It sits on a cul-de-sac 104,021 Square Foot lot. The property has a large, paved parking lot out front that has ample parking. There a large open area for outdoor activities or additional development, pool. It has luxurious potential and a beautiful green park behind the property. Close freeway access in densely populated area. Other potential uses: Office Space, Hospitality, Medical use, Rehabilitation campus, Specialty School, Private School, Charter School, or Multi Family Redevelopment.

More Information MLS# 6068354

Contract Info

Ownership: Fee Simple Current Price: $5,500,000 Sold Price: $5,500,000 Status: Closed List Date: 2020-04-20

Location, Tax & Legal

Assessor's Map #: 12 Legal Description (Abbrev): VISTA DEL CAMINO 3 MCR 179/32 LOT U & TH PT ABAND 77TH ST & CUL-DE-SAC ELY & ADJ TO SD LOT PER FEE 8 Assessor's Parcel #: 82 Add'l Parcels: No Tax Municipality: Scottsdale Census Tract: 218200 Taxes: 0 Legal: VISTA DEL CAMINO 3 MCR 179/32 LOT U & TH PT ABAND 77TH ST & CUL-DE-SAC ELY & ADJ TO SD LOT PER FEE 8 Map Code/Grid: Q37 House Number: 1200 Compass: N Street Name: 77TH St Suffix: Street City/Town Code: Scottsdale State/Province: AZ Zip Code: 85257 Zip4: 3708 County Code: Maricopa Subdivision: VISTA DEL CAMINO 3 Assessor Number: 131-12-082 Tax Year: 2019

General Property Description

Ttl Apx SqFt Bldg: 30218 # of Buildings: 2 Uncvrd Parking Spcs: 40 Year Built: 1974 Zoning: C-T, R-7, M-H

Legal Info

Range: 4E Section: 2 Township: 1N Lot Number: U

Construction

Block: 1 Tilt-Up: 1

Roofing

Built-Up: 1 Rolled: 1

Floors

Vinyl: 1 Ceramic Tile: 1 Carpet: 1

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

Commercial: 1 Office: 1

Business Type

Mixed: 1 Professional/Office: 1 Other: 1

Stories

2 Stories: 1

Pmt & Rate Info

Down Payment: 0 Equity: 5500000 Total Owed: 0 Assessment Balance: 0

Showing Notification Methods

Text: 1 Email: 1 Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8.1 Feet to 10 Feet: 1

Heating

Electric: 1

Cooling

Central Air: 1

Interior Features

Finished: 1 Private Restrooms: 1 Public Restrooms: 1

Loading Facilities

None: 1

Source of Fincl Data

Owner: 1

Fencing

Partial: 1 Security: 1

Water Source

City Franchise: 1

Building Features

Conference Room: 1 Reception Room: 1 Cafeteria: 1 Kitchen: 1 Showers - Office: 1 Showers - Plant: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1 Private: 1 Paved: 1

Electric

SRP: 1

Gas

None: 1

New Financing

Cash Only: 1 Cash to Loan: 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

Treat as Free&Clear: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

None: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Contact Info

List Agent Home Phn: 602-451-3684

Sold Info

Loan Type: Cash Payment Type: Other Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: Hayden and McDowell Directions: Located Southeast of N Hayden Rd & E McDowell Rd. The buildings are strategically placed off the main streets to provide the perfect ratio of privacy for business and visibility for new clients Geo Lat: 33.461658 Geo Lon: -111.914076

Status Change Info

Off Market Date: 2020-11-03 Under Contract Date: 2020-07-28 Close of Escrow Date: 2020-11-30 Sold Price: $5,500,000

Property Features

Building Type: Commercial; Office Business Type: Mixed; Professional/Office; Other Stories: 2 Stories Construction: Block; Tilt-Up Roofing: Built-Up; Rolled Floors: Vinyl; Ceramic Tile; Carpet Ceiling Height: 8.1 Feet to 10 Feet Cooling: Central Air Loading Facilities: None Interior Features: Finished; Private Restrooms; Public Restrooms Fencing: Partial; Security Building Features: Conference Room; Reception Room; Cafeteria; Kitchen; Showers - Office; Showers - Plant Parking Features: Free; Private; Paved Electric: SRP Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; Cash to Loan Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Environmental: None

Listing Office: LRA Real Estate Group, LLC

Last Updated: December - 01 - 2020