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

Description

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

More Information MLS# 6507456

Contract Info

Ownership: Other (See Remarks) Current Price: $4,750,000 Sold Price: $4,750,000 Status: Closed List Date: 2023-01-13

Location, Tax & Legal

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 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

General Property Description

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

Legal Info

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

Construction

Block: 1 Metal: 1 Wood Frame: 1

Roofing

Composition: 1 Metal: 1

Floors

Concrete: 1 Wood: 1 Carpet: 1

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: 1 Industrial: 1

Business Type

Other: 1 See Remarks: 1

Stories

1 Story: 1

Pmt & Rate Info

Equity: 5775413 Total Owed: 0

Showing Notification Methods

Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

8 Feet or Less: 1 10.1 Feet to 12 Feet: 1

Heating

Electric: 1

Cooling

Office A/C: 1 None: 1

Interior Features

Finished: 1

Loading Facilities

None: 1

Road Surface Type

Asphalt: 1 Gravel: 1

Exterior

Landscaping: 1 Storage Yard: 1 Building Sign: 1 Security Light(s): 1

Source of Fincl Data

Owner: 1

Traffic Count

35,001 to 50,000: 1

Fencing

Block: 1 Chain Link: 1 See Remarks: 1

Water Source

Domestic Well: 1

Freeway/Highway

Up to 1 Mile: 1

Sewer

Septic Tank: 1 Septic-In & Connected: 1

Parking Features

Free: 1

Electric

APS: 1

Gas

None: 1

New Financing

Cash to Loan: 1 1031 Exchange: 1 Sale/Leaseback: 1

Existing 1st Loan Type

Not Applicable: 1

Existing 1st Loan Terms

Not Applicable: 1

Existing 2nd Loan Type

Not Applicable: 1

Existing 2nd Loan Terms

Not Applicable: 1

Existing 3rd Loan Type

Not Applicable: 1

Reports/Disclosures

ALTA Survey Availbl: 1

Existing 3rd Loan Terms

Not Applicable: 1

Environmental

None: 1

Existing Othr Ln Trm

Not Applicable: 1

Sold Info

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

Remarks Misc

Cross Street: N Cave Creek Rd Directions: 101 N to N Cave Creek Road, N Cave Creek Road to Rose Garden Lane Geo Lat: 33.675896 Geo Lon: -112.026153

Status Change Info

Off Market Date: 2023-07-01 Under Contract Date: 2023-06-30 Close of Escrow Date: 2024-02-22 Sold Price: $4,750,000

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