3535 E MCDOWELL Road, Phoenix, AZ 85008 (MLS# 5673017)

3535 E MCDOWELL Road, Phoenix, AZ 85008

$3,000,000
Property Type: Comm/Industry Sale Square Footage: 40,345 Lot Size (sq. ft.): 140,532 Status: Closed
Current Price: $3,000,000 List Date: 5/30/2018 Last Modified: 8/06/2021

Overview

Description

The existing charter school facility is comprised of ten buildings constructed from 1948 through 2013. The site includes three distinct City of Phoenix zoning classifications. The subject zoning districts include: R-3 Multifamily Residence District, R-5 Multifamily Residence District and C-2, Intermediate Commercial District • Kindergarten Bldg. ±1,845 • Administration Bldg. ±1,876 • Cottage Bldg. ±2,635 • Nurse's Office Bldg. ±436 • Climate-Controlled Shed ±560 • Classroom Bldg. ±12,268 • Bldg. ±1,354 • Innovation Offices (2-Story) ±3,600 • Innovation Classroom (1-Story) ±4,350 • Classroom Bldg. ±2,810 • Multi Purpose Bldg. ±8,608

Listing Details MLS# 5673017

Location, Tax & Legal

Map Code/Grid
P35
House Number
3535
Compass
E
Street Name
MCDOWELL
St Suffix
Road
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85008
Zip4
3847
County Code
Maricopa
Assessor Number
121-03-027-B
Tax Year
2017
Assessor's Map #
3
Legal Description (Abbrev)
PRT NE4 NW4 SEC 1 DAF BEG AT N4 COR SEC 1 TH W 180.40F TH S 40F POB TH S 551.04F TH W 180.88F TH N 3
Assessor's Parcel #
27
Assessor Parcel Ltr
B
Add'l Parcels
No
Tax Municipality
Maricopa - COUNTY
Census Tract
113601
Taxes
7721
Legal
PRT NE4 NW4 SEC 1 DAF BEG AT N4 COR SEC 1 TH W 180.40F TH S 40F POB TH S 551.04F TH W 180.88F TH N 3

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
40345
# of Buildings
10
Year Built
2013
Uncvrd Parking Spcs
48
Zoning
C-2, R-3 & R-5

Remarks Misc

Cross Street
E McDowell Rd & N 36th St
Directions
The existing charter school facility is comprised of ten buildings constructed from 1948 through 2013.

Status Change Info

Off Market Date
2018-07-27
Under Contract Date
2018-07-25
Close of Escrow Date
2018-11-15

Legal Info

Township
1N
Range
3E
Section
Yes
Lot Number
Yes

More Information

Income Expenses

Gross Annual Sch Inc
Yes
Net Operating Income
Yes

Contact Info

List Agent Home Phn
602-319-1326

Sold Info

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

Construction

Block
Yes
Other
Yes

Roofing

Composition
Yes
Built-Up
Yes
Other
Yes

Floors

Concrete
Yes
Vinyl
Yes
Wood
Yes
Carpet
Yes
Other
Yes

Income & Expenses

Annual Elec Exp
1
Annual Gas Exp
1
Annual Ins Exp
1
Annual Land Lse Exp
1
Annual Landscape Exp
1
Annual Legal & Acctg
1
Annual Maint Exp
1
Annual Mgmt Exp
1
Annual Trash Exp
1
Annual Wtr/Swr Exp
1
Owner Association
No
Annual Ownr Asoc Fee
1
Annual PAD Fee
1
Annual Rplcmnt Rsrvs
1
Annual Other Expense
1
Operating Exp
7735
Other Income
1
Vacancy Allowance
1
Adjusted Gross Inc
0

Building Type

Commercial
Yes
Other (See Remarks)
Yes

Business Type

Other
Yes
See Remarks
Yes

Stories

2 Stories
Yes

Pmt & Rate Info

Down Payment
1
Equity
3950000
Total Owed
0
Assessment Balance
1
Assessment Bal Yrs
Yes

Ceiling Height

8 Feet or Less
Yes
8.1 Feet to 10 Feet
Yes
10.1 Feet to 12 Feet
Yes

Heating

Natural Gas
Yes
Other
Yes
See Remarks
Yes

Cooling

Central Air
Yes
Office A/C
Yes
Other
Yes
See Remarks
Yes

Interior Features

Finished
Yes
Fire Sprinklers
Yes
Public Restrooms
Yes

Loading Facilities

None
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Fencing

Partial
Yes
Other
Yes
See Remarks
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Private
Yes
Paved
Yes

Electric

SRP
Yes

Gas

SW Gas
Yes

New Financing

Other (See Remarks)
Yes

Existing 1st Loan

Other (See Rmks)
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan

Other (See Remarks)
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

Appraisal
Yes
Other (See Remarks)
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

Other (See Remarks)
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Property Features

Building Type: Commercial; Other (See Remarks) Business Type: Other; See Remarks Stories: 2 Stories Construction: Block; Other Roofing: Composition; Built-Up; Other Floors: Concrete; Vinyl; Wood; Carpet; Other Ceiling Height: 8 Feet or Less; 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet Heating: Natural Gas; Other; See Remarks Cooling: Central Air; Office A/C; Other; See Remarks Loading Facilities: None Interior Features: Finished; Fire Sprinklers; Public Restrooms Fencing: Partial; Other; See Remarks Parking Features: Private; Paved Electric: SRP Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Other (See Rmks) Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Environmental: Other (See Remarks)
Listing Office: R.O.I. Properties
IDX
Last Updated: August - 06 - 2021
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