EMS Realty

Lisa A.Suarez, Designated Broker


$1,395,000
3123 S Hwy 83
Sonoita, AZ 85637
MLS# 2621702
Status: Closed
2560 sqft


Plaza Los Rieles a busy office complex, includes a hair salon,accountants, computer systems, home builder. All established long term tenants.
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Plaza Los Rieles a busy office complex, includes a hair salon,accountants, computer systems, home builder. All established long term tenants. Busy strip mall has a dentist, travel agency,real estate and two manufacturing offices all of which are long term established tenants. This location fronts busy Highway #83 which is passed daily by local residents and visitors on their way to local wineries and Parker Lake. Ample parking and a buildable corner lot make this a great investment. Beautiful location suitable for future medical park or similar enterprise. Approximately 8.3 acres available. Located north east of the office plaza and cottages with the strip offices on the South side. Medical facilities will be essential to this growing community in the near future.

Property Description
GREAT INVESTMENT opportunity with profitable annual revenue. Approx. 6 acres yet to develop, 99% occupancy, water company included. 12 storage units,4 rental cottages, 8 unit office plaza, 5 unit office strip. Hwy frontage, B-2 zoning, drip system,septic systems. All sizes approx. and need verifying.

Details
Address Information
Street #: 3123
Direction: S
Street Name: Hwy 83
State/Province: AZ
Zip Code: 85637
County: Santa Cruz
Country: USA
Location Tax Legal
Tax Code: 10916004H
Area: Santa Cruz
Contract Information
Current Price: $1,395,000
Sold Price: $1,395,000
Listing Date: 2006-05-18
Status: Closed
Status Change Info
Off Market Date: 2007-04-20
Pending Date: 2007-04-09
Sold Date: 2007-04-20
Sold Price: $1,395,000
Sold Price/SqFt: 544.92
Lot Sz Sold Prc/SqFt: 2.91
Financing: Cash
Showing Information
Directions: 1/4 mile south of Hwy 82/83 on left hand side of Hwy 83.
General Property Information
# Units: 29
Year Built: 1984
Lot Dimensions: irregular
Lot Acres: 11
Lot Sqft: 479160
Lot Size Source: Other
Combined SqFt: 2560
Source of SqFt: Owner
List Price/SqFt: 722.27
Lot Size Price/SqFt: 3.85
Income
Total Expenses: 28102
Net Opp Income: -28102
Analysis
Exp/SqFt: 10.97
Expenses
Admin Expenses: 1725
Contract Services: 2375
Figures Presented: Actual
Gas/Electric: 1237
Insurance: 2105
Maintenance Supplies: 11585
Management: 9075
Property Features
A.D.A. Compliant: Yes
Phase 1 Report: No
Electric
3 Phase Power: Yes
Master Meter: Yes
Property Features
Sewer: Septic
Terms: Cash; Conventional; Owner Carry
Property Disclosures: Unknown

Listing Office: Sonoita Realty

Last Updated: October - 25 - 2024

3123 S Hwy 83, Sonoita, AZ 85637 - MLS# 2621702
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