1103 Circulo Mercado, Rio Rico, AZ 85648
$1,500,000
Property Type:
Commercial
Square Footage:
14,495
Lot Size (sq. ft.):
31
Status:
Closed
Current Price:
$1,500,000
List Date:
3/01/2012
Last Modified:
12/06/2024
Overview
Description
Listing Details MLS# 21125082
Address Information
- Street #
- 1103
- Street Name
- Circulo Mercado
- State/Province
- AZ
- Zip Code
- 85648
- County
- Santa Cruz
- Country
- USA
Location, Tax & Legal
- Tax Code
- 114-50-055
- Area
- Santa Cruz
- Tax Year
- 2009
- Taxes
- 37557.02
- Assessments
- 0
- Legal Description
- Sub Rio Rico Unit 7 Blk 708 Lots 16, 17, 18 & 19
- Municipality/Zoning
- Other - CB2
- Fire Protection
- Included in Taxes
General Property Information
- # Units
- 8
- Year Built
- 2005
- Lot Dimensions
- 1.22 Acres
- Lot Acres
- 1.22
- Lot Sqft
- 53114
- Lot Size Source
- Assessor
- Combined SqFt
- 14495
- Source of SqFt
- Assessor
- List Price/SqFt
- 116.94
- Lot Size Price/SqFt
- 31.91
Property Features
Expenses:
CAM in Rent
Construction:
Masonry Stucco
Main Cooling:
Zoned
Main Heating:
Heat Pump
Sewer:
Connected
Water:
Public
Terms:
Cash; Conventional; Exchange; Owner Carry; Submit
Property Disclosures:
Unknown
Status Change Info
- Off Market Date
- 2012-05-17
- Pending Date
- 2012-04-15
- Sold Date
- 2012-07-27
- Sold Price/SqFt
- 103.48
- Lot Sz Sold Prc/SqFt
- 28.24
- Financing
- Cash to Loan
More Information
Showing Information
- Directions
- South on I-19 to Exit 17 (Yavapai/Rio Rico), R on W. Frontage Rd. 1/2 mile to Circulo Mercao and property.
Income
- Gross Scheduled Rent
- 207600
- Vacancy Loss
- 10200
- Adjusted Gross
- 197400
- Total Expenses
- 56440.47
- Net Opp Income
- 140959.52
Analysis
- Cap Rate %
- 8.31
- Gross Rent Multi
- 8.58
- Vacancy Rate %
- 4.91
- Exp/SqFt
- 3.89
- Exp % of Gross
- 28.59
Expenses
- Admin Expenses
- 2548.46
- Captial Expenses
- 1000
- Contract Services
- 2000
- Figures Presented
- Actual
- Gas/Electric
- 2110.6
- Insurance
- 1400
- Maintenance Supplies
- 5066
- Management
- 3600
- Taxes/Assessments
- 37557.02
- Water/Sewer
- 1158.4
- CAM in Rent
- Yes
- Resident Manager
- 0
- Other Expenses
- 0
Property Features
- # Grade Doors
- 7
- A.D.A. Compliant
- Yes
- Phase 1 Report
- Yes
Electric
- 3 Phase Power
- Yes
- Amps
- 220
Sold Info
- Est. Closing Date
- 2012-07-27
Construction
- Masonry Stucco
- Yes
Sewer
- Connected
- Yes
Water
- Public
- Yes
Main Cooling
- Zoned
- Yes
Main Heating
- Heat Pump
- Yes
Terms
- Cash
- Yes
- Conventional
- Yes
- Exchange
- Yes
- Owner Carry
- Yes
- Submit
- Yes
Property Disclosures
- Unknown
- Yes
Listing Office:
Paul F. Elders
Last Updated: December - 06 - 2024
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