3100 N Stone Avenue, Tucson, AZ 85705
$2,280,000
Property Type:
Commercial
Square Footage:
32,400
Lot Size (sq. ft.):
106,743
Status:
Closed
Current Price:
$2,280,000
List Date:
9/26/2023
Last Modified:
12/23/2024
Overview
Description
Listing Details MLS# 22320699
Address Information
- Street #
- 3100
- Direction
- N
- Street Name
- Stone
- Suffix
- Avenue
- State/Province
- AZ
- Zip Code
- 85705
- County
- Pima
- Country
- USA
Location, Tax & Legal
- Tax Code
- 107-11-092A
- Area
- Central
General Property Information
- Property Sub-Type
- Industrial
- Construction Status
- Existing
- # Units
- 20
- Total Parking
- 40
- Multi-Tenant
- Yes
- Year Built
- 1986
- Lot Dimensions
- 299' X 357'
- Lot Acres
- 2.45
- Lot Sqft
- 106743
- Lot Size Source
- Assessor
- Combined SqFt
- 32400
- Source of SqFt
- Assessor
- Leasable SqFt
- 32400
- List Price/SqFt
- 78.7
- Lot Size Price/SqFt
- 23.89
Property Features
Property Features:
Warehouse
Construction:
Concrete Block
Roof:
Built-Up
Fenced Storage:
No
Main Cooling:
Central Air; Evaporative Cooling; Wall Unit(s)
Main Heating:
Heat Pump
Water Heater:
Electric
Sewer:
Connected
Water:
Public
Accessibility Option:
None
Security:
Security Lights
Fence:
None
Landscape - Front:
Natural Desert
Landscape - Rear:
None
Road Type:
Paved
Business Location:
Business Park
Traffic Count:
Unknown
Terms:
Cash; Conventional
Submit With Offer:
Proof of Funds; Written Lender Approval
Property Disclosures:
None
Special Conditions:
None
Contract Information
- Short Sale
- No
Status Change Info
- Off Market Date
- 2024-01-30
- Pending Date
- 2024-04-01
- Sold Date
- 2024-04-03
- Sold Price/SqFt
- 70.37
- Lot Sz Sold Prc/SqFt
- 21.36
- Financing
- Conventional
More Information
Showing Information
- Directions
- From Ft. Lowell & Stone Ave, South on Stone Ave to subject.
Income
- Gross Scheduled Rent
- 304551
- Vacancy Loss
- 15228
- Adjusted Gross
- 289323
- Net Opp Income
- 210738
Analysis
- Cap Rate %
- 8
- Gross Rent Multi
- 7.88
- Vacancy Rate %
- 5
- Exp % of Gross
- 27
Expenses
- Contract Services
- 27950
- Figures Presented
- Proforma
- Gas/Electric
- 4400
- Insurance
- 6897
- Maintenance Supplies
- 5400
- Management
- 11573
- Taxes/Assessments
- 16345
- Water/Sewer
- 5800
- Other Expenses
- 220
Unit Information
- Industrial
- Flex Space
- Retail
- Specialty Center
Listing Office:
Coldwell Banker Realty
Last Updated: December - 23 - 2024
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