1955 S VAL VISTA Drive, Mesa, AZ 85204

$3,574,802

Property Type: Comm/Industry Sale Square Footage: 53,149 Lot Size (sq. ft.): 655 Status: Closed

Current Price: $3,574,802 List Date: 2/18/2019 Last Modified: 1/25/2025

Overview

Description

• First Floor Consists of Approximately 20,198 SF Multi-Tenant Office • Sale Price: $4,504,154 ($223 PSF) • Perfect for Owner/User or Investor • Mix of Vacant and Occupied Suites Available • Divisible to 1,479 - 20,198 SF • Individual Suites Available for Sale/Lease • Across from Dana Park Shopping Center • High Visibility off Baseline Road and Val Vista Drive • Over 40,000 vehicles passing daily

Listing Details MLS# 5885066

Location, Tax & Legal

Map Code/Grid: R40
House Number: 1955
Compass: S
Street Name: VAL VISTA
St Suffix: Drive
City/Town Code: Mesa
State/Province: AZ
Zip Code: 85204
Zip4: 7371
County Code: Maricopa
Subdivision: VAL VISTA GATEWAY OFFICE PARK BLDG B CONDOMINIUMS
Assessor Number: 140-66-869
Tax Year: 2017
Assessor's Map #: 66
Legal Description (Abbrev): LOT 101 VAL VISTA GATEWAY OFFICE PARK BLDG B CONDOMINIUMS MCR 091045
Assessor's Parcel #: 869
Add'l Parcels: Yes
Tax Municipality: Mesa
Census Tract: 422514
Taxes: 14879
Legal: LOT 101 VAL VISTA GATEWAY OFFICE PARK BLDG B CONDOMINIUMS MCR 091045

Contract Info

Ownership: Other (See Remarks)

General Property Description

Ttl Apx SqFt Bldg: 53149
Ttl Apx Net Rnt Spc: 20198
# of Buildings: Yes
Year Built: 2006
Uncvrd Parking Spcs: 10
Zoning: LC

Remarks Misc

Cross Street: N Val Vista Dr & E Baseline Rd

Status Change Info

Off Market Date: 2019-03-06
Under Contract Date: 2019-03-01
Close of Escrow Date: 2019-05-30

Legal Info

Township: 1N
Range: 6E
Section: 33
Lot Number: 101

More Information

Sold Info

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

Construction

Other: Yes

Roofing

Other: Yes

Floors

Other: Yes

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

Office: Yes

Business Type

Mixed: Yes
Professional/Office: Yes

Stories

2 Stories: Yes

Pmt & Rate Info

Down Payment: 0
Equity: 4
Total Owed: 0
Assessment Balance: 0

Ceiling Height

10.1 Feet to 12 Feet: Yes

Heating

Other: Yes
See Remarks: Yes

Cooling

Other: Yes
See Remarks: Yes

Interior Features

Other (See Remarks): Yes

Loading Facilities

Other (See Remarks): Yes

Source of Fincl Data

Other (See Remarks): Yes

Fencing

Other: Yes
See Remarks: Yes

Water Source

Other: Yes
See Remarks: Yes

Sewer

Other: Yes

Parking Features

Paved: Yes

Electric

Other (See Remarks): Yes

Gas

Other (See Remarks): Yes

New Financing

Other (See Remarks): Yes

Existing 1st Loan

Other (See Rmks): Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Other (See Remarks): Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Other (See Remarks): Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

Other (See Remarks): Yes

Existing Othr Ln Trm

Not Applicable: Yes

Property Features

Building Type: Office Business Type: Mixed; Professional/Office Stories: 2 Stories Construction: Other Roofing: Other Floors: Other Ceiling Height: 10.1 Feet to 12 Feet Heating: Other; See Remarks Cooling: Other; See Remarks Loading Facilities: Other (See Remarks) Interior Features: Other (See Remarks) Fencing: Other; See Remarks Parking Features: Paved Electric: Other (See Remarks) Gas: Other (See Remarks) Water Source: Other; See Remarks Sewer: Other New Financing: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Other (See Rmks) 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 Environmental: Other (See Remarks)

Listing Office: The Menlo Group Commercial Real Estate

Last Updated: January - 25 - 2025