$3,204,375
1400 S Higley Road -Gilbert, AZ 85296
MLS# 5440405
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Property DescriptionFreeway interchange land for sale in Gilbert, AZ. General Commercial (GC) Gilbert, AZ Zoning Ordinance #2364 - Mix Use Commercial including Residential Lofts and/or Work Units, Retail, Hotels, Medical, and Office. 55 feet height on most of the site. Very unique signage is allowed, including marquee signage and vernacular architecture, and the site has reduced setbacks for better planning. The land is part of Agritopia Master Planned Community. Note the loft units are a residential unit above a nonresidential use. Master HOA fees to be calculated and supplied during escrow. Owner currently uses the land to grow citrus trees to be conveyed with land at close of escrow.
Details
Contract Information
Current Price: $2,324,742
List Price: $3,204,375
Status: Closed
List Date: 2016-05-09
For Sale or Lease?: Sale
Type: Exclusive Right To Sell
Location, Tax & Legal
Map Code/Grid: T40
House Number: 1400
Compass: S
Street Name: Higley
St Suffix: Road
City/Town Code: Gilbert
State/Province: AZ
Zip Code: 85296
Country: US
County Code: Maricopa
Assessor Number: 304-27-013-M
Tax Year: 2014
General Property Description
Apx Total Acres: 4.39
Apx Total Acres G/N: N
Price Per Acre: 729925.97
Apx SqFt: 191306
Price Per SqFt: 16.75
Apx SqFt G/N: N
Lot Size Dimensions: Approx. 297' x 600'
Horses: N
Street Frontage: 600
Zoning: Gen. Commercial
Legal Info
Township: 1S
Range: 6E
Section: 22
Lot Number: -
Sold Info
Loan Type: Cash
Closing Cost Split: Buyer - B
Payment Type: Other
Buyer Concession $/%: $
Seller Concession $/%: $
Remarks Misc
Cross Street: SWC Santan Freeway (Loop 202) & Higley Rd.
Directions: SWC Santan Freeway (Loop 202) & Higley Rd.
Geo Lat: 33.326056
Geo Lon: -111.721933
Status Change Info
Off Market Date: 2017-03-02
Under Contract Date: 2016-06-30
Close of Escrow Date: 2017-08-17
Sold Price: $2,324,742
Property Features
Special Listing Cond: Owner/Agent
Existing Land Use: Commercial Lot; Commercial Acreage; Other (See Rmks)
Zoned Presently: Multi-Family; Existing P.A.D.; Commercial; Agricultural; Office; Shopping/Retail Cntr; Hotel/Motel; Other (See Rmks)
Potential Use: Other; See Remarks
Parcel Size: 2.50 - 4.99 Acres
Development Status: Off Site Imp Complte
Land Features: Curb(s) & Gutter(s); Sidewalk(s)
Vegetation: Orchrd/Grve/Vineyrd
Land Configuration: Square Rectangular
Traffic Count: 25,001 to 35,000
Topography: Level
Existing Structures: None
Water Source: City Franchise; Irrigation - Drip
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Distance to Cable: On Property
Distance to Phone: On Property
Distance to Water: On Property
Distance to Electric: On Property
Distance to Gas: On Property
Distance to Sewer: On Property
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Other Loan: Not Applicable
New Financing: Cash
Use Restrictions: C.C. & R's
Environmental: None
Listing Office: Kax Group, L.L.C.
Last Updated: December - 09 - 2024
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