1232 E BASELINE Road, Tempe, AZ 85283 (MLS# 6888577)

1232 E BASELINE Road, Tempe, AZ 85283

$3,900,000

Property Type: Comm/Industry Sale Square Footage: 19,120 Lot Size (sq. ft.): 61,202 Status: Active

Current Price: $3,900,000 List Date: 7/04/2025 Last Modified: 10/01/2025

Overview

Description

Off-highway parking in the rear of the building. Eastside personnel doors for 1st or 2nd floor access and for cargo loading. August 2024 remodeled both 1st and 2nd floor suites for the IT tenant, Cash Flow Management (CFM), left for a larger space. Seller is a licensed real estate person inactive). Dbsi Real Estate LLC, related to the building Owner

Supplements: Property has first and second floors available for lease.

Listing Details MLS# 6888577

Location, Tax & Legal

House Number: 1232
Compass: E
Street Name: BASELINE
St Suffix: Road
City/Town Code: Tempe
State/Province: AZ
Zip Code: 85283
Zip4: 1450
County Code: Maricopa
Subdivision: LAKE COUNTRY ESTATES UNIT 1
Assessor Number: 133-38-003-G
Tax Year: 2024
Assessor's Map #: 38
Legal Description (Abbrev): LAKE COUNTRY ESTATES UNIT I MCR 132/29 PT TRACT A DAF BEG SE COR TR A TH W 417F TO PT N 354.93F E
Assessor's Parcel #: 3
Assessor Parcel Ltr: G
Add'l Parcels: No
Tax Municipality: Tempe
Census Tract: 319401
Taxes: 45470
Legal: LAKE COUNTRY ESTATES UNIT I MCR 132/29 PT TRACT A DAF BEG SE COR TR A TH W 417F TO PT N 354.93F E
Marketing Name: 1232 E Baseline SALE

Contract Info

Ownership: Fee Simple

General Property Description

Type of Property: 2 Story Office Building
Ttl Apx SqFt Bldg: 19120
Ttl Apx Net Rnt Spc: 18022
# of Buildings: Yes
Stories: 2
Lot Size Dimensions: 203 x 355 x 208 x 300
Year Built: 1987
Volts/Amps: 2500 amp
Uncvrd Parking Spcs: 67
Zoning: C-C
Flood Zone: No

Remarks Misc

Cross Street: Lakeshore Drive & Baseline (nr Rural)
Directions: South of 60 on Rural to Bassline of Lakeshore. Or McClintock to Baseline. Signal corner at Lakeshore Drive.

Legal Info

Township: 1N
Range: 4E
Section: 35
Lot Number: Yes

Income Expenses

Gross Annual Sch Inc: 65000

More Information

Showing Notification Methods

Showing Service: No Showing Service Used
Phone Call: Yes

Contact Info

List Agent Home Phn: 480-421-9330

Construction

Block: Yes
Tilt-Up: Yes

Roofing

Built-Up: Yes
Tile: Yes

Floors

Concrete: Yes
Vinyl: Yes
Ceramic Tile: Yes
Carpet: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 115000
Operating Exp: 160470
Other Income: 20000
Vacancy Allowance: 0
Adjusted Gross Inc: 85000

Building Type

Commercial: Yes
Office: Yes

Business Type

Service Business: Yes
Professional/Office: Yes

Pmt & Rate Info

Equity: 3900000
1st Encumbrance: 0
2nd Encumbrance: 0
2nd Payment Freq: None
3rd Encumbrance: 0
3rd Payment Freq: None
Total Owed: 0
Avg Rent P/SqFt: 20
Assessment Balance: 0

Lockbox Type

None: Yes

Ceiling Height

10.1 Feet to 12 Feet: Yes

Heating

Heat Pump: Yes

Cooling

See Remarks: Yes

Interior Features

Finished: Yes
Fire Sprinklers: Yes
Security Light(s): Yes
Private Restrooms: Yes
Public Restrooms: Yes

Loading Facilities

Grade Level: Yes
None: Yes
Other (See Remarks): Yes

Road Access Type

Dedicated Street: Yes

Road Surface Type

Asphalt: Yes

Exterior

Sprinkler System-Ground: Yes
Landscaping: Yes
Curb(s) & Gutter(s): Yes
Building Sign: Yes
Sidewalk(s): Yes
Monument Sign: Yes
Security Light(s): Yes
Security Camera(s): Yes

Source of Fincl Data

Owner: Yes
Projected Proforma: Yes

Fencing

Block: Yes
Partial: Yes

Water Source

City Franchise: Yes

Freeway/Highway

Frontage: Yes

Building Features

Public Elevator(s): Yes
Conference Room: Yes
Reception Room: Yes
Kitchen: Yes
Fiber Optic Availble: Yes

Sewer

Sewer - Public: Yes

Parking Features

Free: Yes
Parking Lot: Yes
Paved: Yes

Electric

APS: Yes
Underground: Yes
Master Meter: Yes

Gas

None: Yes

New Financing

Cash Only: Yes

Special

Have First Right: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Use Restrictions

CC&R's: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Building Type: Commercial; Office Business Type: Service Business; Professional/Office Construction: Block; Tilt-Up Roofing: Built-Up; Tile Floors: Concrete; Vinyl; Ceramic Tile; Carpet Ceiling Height: 10.1 Feet to 12 Feet Heating: Heat Pump Cooling: See Remarks Loading Facilities: Grade Level; None; Other (See Remarks) Interior Features: Finished; Fire Sprinklers; Security Light(s); Private Restrooms; Public Restrooms Exterior: Sprinkler System-Ground; Landscaping; Curb(s) & Gutter(s); Building Sign; Sidewalk(s); Monument Sign; Security Light(s); Security Camera(s) Fencing: Block; Partial Building Features: Public Elevator(s); Conference Room; Reception Room; Kitchen; Fiber Optic Availble Parking Features: Free; Parking Lot; Paved Road Access Type: Dedicated Street Electric: APS; Underground; Master Meter Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only Showing Notification Methods: Phone Call Lockbox Type: None Special: Have First Right Source of Fincl Data: Owner; Projected Proforma 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 Use Restrictions: CC&R's Environmental: None

Listing Office: DBSI Real Estate, LLC

Last Updated: October - 01 - 2025