2601 E ROSE GARDEN Lane, Phoenix, AZ 85050

$4,750,000

Property Type: Comm/Industry Sale Square Footage: 11,533 Lot Size (sq. ft.): 205,168 Status: Closed

Current Price: $4,750,000 List Date: 1/13/2023 Last Modified: 4/27/2025

Overview

Description

Industrial Land ready for development! Currently operated as an equine-assisted therapeutic riding center.

Listing Details MLS# 6507456

Location, Tax & Legal

Map Code/Grid: K35
House Number: 2601
Compass: E
Street Name: ROSE GARDEN
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85050
Zip4: 4605
County Code: Maricopa
Subdivision: MOHAWK PARK LTS 17-22 & 27-32
Assessor Number: 213-11-014
Tax Year: 2021
Assessor's Map #: 11
Legal Description (Abbrev): LOT 14 MOHAWK PARK LTS 17-22 & 27-32 MCR 005848
Assessor's Parcel #: 14
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 617000
Taxes: 6191
Legal: (02-0R) AG/VAC LAND/NON-PROF, REAL PROP & IMPS

Contract Info

Ownership: Other (See Remarks)

General Property Description

Ttl Apx SqFt Bldg: 11533
# of Buildings: 5
Year Built: 1963
Uncvrd Parking Spcs: 50
Zoning: PAD
Flood Zone: No

Remarks Misc

Cross Street: N Cave Creek Rd
Directions: 101 N to N Cave Creek Road, N Cave Creek Road to Rose Garden Lane

Status Change Info

Off Market Date: 2023-07-01
Under Contract Date: 2023-06-30
Close of Escrow Date: 2024-02-22

Legal Info

Township: 4N
Range: 3E
Section: 23
Lot Number: 14

More Information

Sold Info

Loan Type: SBA
Loan Years: 10
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Construction

Block: Yes
Metal: Yes
Wood Frame: Yes

Roofing

Composition: Yes
Metal: Yes

Floors

Concrete: Yes
Wood: Yes
Carpet: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 6191
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Commercial: Yes
Industrial: Yes

Business Type

Other: Yes
See Remarks: Yes

Stories

1 Story: Yes

Pmt & Rate Info

Equity: 5775413
Total Owed: 0

Showing Notification Methods

Phone Call: Yes

Lockbox Type

None: Yes

Ceiling Height

8 Feet or Less: Yes
10.1 Feet to 12 Feet: Yes

Heating

Electric: Yes

Cooling

Office A/C: Yes
None: Yes

Interior Features

Finished: Yes

Loading Facilities

None: Yes

Road Surface Type

Asphalt: Yes
Gravel: Yes

Exterior

Landscaping: Yes
Storage Yard: Yes
Building Sign: Yes
Security Light(s): Yes

Source of Fincl Data

Owner: Yes

Traffic Count

35,001 to 50,000: Yes

Fencing

Block: Yes
Chain Link: Yes
See Remarks: Yes

Water Source

Domestic Well: Yes

Freeway/Highway

Up to 1 Mile: Yes

Sewer

Septic Tank: Yes
Septic-In & Connected: Yes

Parking Features

Free: Yes

Electric

APS: Yes

Gas

None: Yes

New Financing

Cash to Loan: Yes
1031 Exchange: Yes
Sale/Leaseback: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

ALTA Survey Availbl: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Property Features

Building Type: Commercial; Industrial Business Type: Other; See Remarks Stories: 1 Story Construction: Block; Metal; Wood Frame Roofing: Composition; Metal Floors: Concrete; Wood; Carpet Ceiling Height: 8 Feet or Less; 10.1 Feet to 12 Feet Cooling: Office A/C; None Loading Facilities: None Interior Features: Finished Exterior: Landscaping; Storage Yard; Building Sign; Security Light(s) Fencing: Block; Chain Link; See Remarks Parking Features: Free Electric: APS Gas: None Water Source: Domestic Well Sewer: Septic Tank; Septic-In & Connected New Financing: Cash to Loan; 1031 Exchange; Sale/Leaseback Showing Notification Methods: Phone Call Lockbox Type: None Source of Fincl Data: Owner Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Asphalt; Gravel Traffic Count: 35,001 to 50,000 Environmental: None

Listing Office: My Home Group Real Estate

Last Updated: April - 27 - 2025