261 E UNIVERSITY Drive, Phoenix, AZ 85004
$5,287,500
Property Type:
Comm/Industry Sale
Square Footage:
45,907
Lot Size (sq. ft.):
151,094
Status:
Closed
Current Price:
$5,287,500
List Date:
8/20/2024
Last Modified:
7/31/2025
Overview
Description
Listing Details MLS# 6636923
Location, Tax & Legal
- House Number
- 261
- Compass
- E
- Street Name
- UNIVERSITY
- St Suffix
- Drive
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85004
- Zip4
- 2921
- Country
- US
- County Code
- Maricopa
- Subdivision
- TRENDWOOD INCORPORATED
- Assessor Number
- 112-42-217
- Tax Year
- 2023
Contract Info
- Ownership
- Fee Simple
General Property Description
- Type of Property
- Commercial Warehouse
- Ttl Apx SqFt Bldg
- 45907
- # of Buildings
- 4
- Lot Size Dimensions
- irregular
- Year Built
- 1979
- Zoning
- L-1, A-1
- Flood Zone
- No
Remarks Misc
- Cross Street
- 7th Street and University
- Directions
- From 7th Street and University, west to property
Status Change Info
- Off Market Date
- 2024-08-20
- Under Contract Date
- 2024-06-17
- Close of Escrow Date
- 2024-09-17
Legal Info
- Township
- 1N
- Range
- 3E
- Section
- 17
- Lot Number
- Yes
More Information
Bay Info
- # of Bays
- 8
Showing Notification Methods
- Showing Service
- No Showing Service Used
Sold Info
- Loan Type
- Other
- Loan Years
- 25
- Payment Type
- Fixed
- Clsing Cost Split
- Seller Assist - A
- Buyer Concession $/%
- $
- Seller Concession to Buyer
- Yes
- Seller Concession $/%
- %
Property Features
Building Type:
Commercial; Manufacturing; Distribution/Warehouse
Business Type:
Other
Stories:
1 Story
Construction:
Metal
Roofing:
Rolled
Floors:
Concrete
Ceiling Height:
10.1 Feet to 12 Feet; 14.1 Feet to 16 Feet
Heating:
Other
Cooling:
Window/Wall Unit; Office Evap
Loading Facilities:
Dock High; Grade Level
Interior Features:
Other (See Remarks)
Fencing:
Chain Link
Building Features:
Other (See Remarks)
Parking Features:
Private
Electric:
APS
Gas:
None
Water Source:
City Franchise
Sewer:
Sewer - Public
New Financing:
Cash Only; Cash to Loan
Showing Notification Methods:
Text; Phone Call
Lockbox Type:
None
Source of Fincl Data:
Other (See Remarks)
Existing 1st Loan:
Treat as Free&Clear
Existing 2nd Loan:
Treat as Free&Clear
Existing 3rd Loan:
Treat as Free&Clear
Road Surface Type:
Asphalt
Environmental:
None
Listing Office:
AZ Brokerage Holdings, LLC
Last Updated: July - 31 - 2025
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.