15654 E Ray Road 0, Gilbert, AZ 85295 (MLS# 5685803)

15654 E Ray Road 0, Gilbert, AZ 85295

$6,000,000
Property Type: Land Lot Size (sq. ft.): 581,067 Status: Closed
Current Price: $6,000,000 List Date: 11/09/2017 Last Modified: 8/06/2021

Overview

Description

13.34 acres of prime commercial property consisting of 3 parcels of land. Strategically located at the northwest corner of Ray Road and San Tan Village Parkway approx 1/4 mile from Highway 202, within 1/2 mile of the new San Tan Regional Mall. This prime property has 600 feet of frontage on Ray Road. This is in the Santan corridor growth area and outside the William Gateway Airport overlay district. Current zoning is Community commercial. Community Commercial areas provide the commercial and service needs of residents in the surrounding areas. Call agent for more information! Great owner owned or investment opportunities.

Listing Details MLS# 5685803

Location, Tax & Legal

Map Code/Grid
T40
House Number
15654
Compass
E
Street Name
Ray
St Suffix
Road
City/Town Code
Gilbert
State/Province
AZ
Zip Code
85295
County Code
Maricopa
Assessor Number
304-26-648
Tax Year
2008
Lot #
No
Assessor's Map #
26
Assessor's Parcel #
648
Add'l Parcels
Yes
Tax Municipality
Gilbert
Census Tract
522743
Taxes
5124

Contract Information

For Sale or Lease?
Sale
Type
Exclusive Right To Sell

General Property Description

Apx Total Acres
13.34
Apx Total Acres G/N
G
Price Per Acre
487256.37
Apx SqFt
581067
Price Per SqFt
11.19
Apx SqFt G/N
G
Lot Size Dimensions
622 ft. x 606 ft.
Horses
N
Street Frontage
371
Zoning
CC
Elementary School
Other
Jr. High School
Other
High School
Other

Remarks Misc

Cross Street
San Tan Village Pkwy & Ray Rd.

Status Change Info

Off Market Date
2018-07-24
Under Contract Date
2018-07-20
Close of Escrow Date
2019-04-26

Legal Info

Township
1S
Range
6E
Section
21

More Information

Sold Info

Loan Type
Cash
Closing Cost Split
Normal - N
Payment Type
Other
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Special Listing Cond

Owner/Agent
Yes
N/A
Yes

Pmt & Rate Info

Down Payment
0
Equity
6500000
Total Owed
0

Assoc/Prop Info

HOA Y/N
N
PAD Fee Y/N
N
Assessed Balance
0
HOA 2 Y/N
N

Existing Land Use

Commercial Acreage
Yes

Zoned Presently

Commercial
Yes
Other (See Rmks)
Yes

Potential Use

Commercial
Yes
Retail
Yes
Other
Yes
See Remarks
Yes

Parcel Size

10.00 - 19.99 Acres
Yes

Development Status

Raw Land
Yes

Land Features

Corner Lot
Yes
North/South Exp
Yes
Other
Yes
See Remarks
Yes

Elevation

2,001 - 3,000 Ft
Yes

Land Configuration

Square Rectangular
Yes

Road Surface Type

Asphalt
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Frontage
Yes
Up to 1 Mile
Yes

Sewer

Sewer - Public
Yes

Railroad

Rail Served
Yes

Electric

SRP
Yes

Topography

Level
Yes

Gas

Other (See Rmks)
Yes

Existing Structures

None
Yes

Distance to Cable

Under 350 Feet
Yes

New Financing

Cash
Yes
Conventional
Yes
Owner May Carry
Yes
Lease Option
Yes
Option
Yes

Distance to Phone

Under 350 Feet
Yes

Distance to Water

Under 350 Feet
Yes

Existing 1st Loan

Other (See Rmks)
Yes

Distance to Electric

Under 350 Feet
Yes

Existing 1st Loan Type

Not Applicable
Yes

Distance to Gas

Under 350 Feet
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Distance to Sewer

Under 350 Feet
Yes

Existing 2nd Loan

Other (See Rmks)
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Rmks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

ALTA Survey Alba
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

Phase I Available
Yes

Existing Other Loan

Not Applicable
Yes

Property Features

Special Listing Cond: Owner/Agent; N/A Existing Land Use: Commercial Acreage Zoned Presently: Commercial; Other (See Rmks) Potential Use: Commercial; Retail; Other; See Remarks Parcel Size: 10.00 - 19.99 Acres Development Status: Raw Land Land Features: Corner Lot; North/South Exp; Other; See Remarks Elevation: 2,001 - 3,000 Ft Land Configuration: Square Rectangular Road Surface Type: Asphalt Railroad: Rail Served Topography: Level Existing Structures: None Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: Other (See Rmks) Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Rmks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Rmks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Other Loan: Not Applicable New Financing: Cash; Conventional; Owner May Carry; Option; Lease Option Environmental: Phase I Available
Listing Office: West USA Realty
IDX
Last Updated: August - 06 - 2021
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