$365,000
Rio Rico, AZ 85648
MLS# 21919056
Status: Closed
4132 sqft
1 / 5
Property Description
Nice Neighborhood strip center in heart of Rio Rico. Lots of potential for this retail center with 4 units approximately 1000 sq.ft. each. Center sits on 2 Commercial lots. Great income property with several long time tenants. Laundry business included.
Details
Maps
Address Information
Country: USA
Street #: 1197
Direction: W
Street Name: Frontage
Suffix: Road
State/Province: AZ
Zip Code: 85648
County: Santa Cruz
Location, Tax & Legal
Tax Year: 2018
Taxes: 6959.9
Assessments: 0
Taxes For: Building & Land
Legal Description: Sub Rio Rico Unit 7 Lots 56&57 of Blk 709
Municipality/Zoning: SCC - B-2
Fire Protection: Included in Taxes
FEMA Flood Zone: Yes
Municipal Flood Zone: Yes
Tax Code: 114-50-160
Area: SCC-Rio Rico West
Contract Information
Method of Title: Fee (Simple)
Short Sale: No
Current Price: $365,000
Sold Price: $365,000
Listing Date: 2019-07-12
Status: Closed
Status Change Info
Off Market Date: 2019-09-24
Sold Price/SqFt: 88.33
Lot Sz Sold Prc/SqFt: 29.2
Financing: Cash
Pending Date: 2019-09-24
Sold Date: 2019-10-21
Sold Price: $365,000
General Property Information
Property Sub-Type: Retail
Construction Status: Existing
# Units: 4
Lot Dimensions: 99x115x99x115
Lot Acres: 0.29
Total Parking: 2025
Lot Sqft: 12500
Multi-Tenant: Yes
Lot Size Source: Assessor
Source of SqFt: Assessor
Leasable SqFt: 4132
List Price/SqFt: 121.01
Lot Size Price/SqFt: 40
Year Built: 2006
Combined SqFt: 4132
Showing Information
Directions: I-19 to Exit 17 Yavapai Drive. Go north on West Frontage Road to address.
Electric
Electric Company: UNS
Income
Adjusted Gross: 46800
Gross Scheduled Rent: 46800
Analysis
Vacancy Rate %: 0
Construction
Frame - Stucco: 1
Expenses
Insurance: 2000
Taxes/Assessments: 6959
Water/Sewer: 4609
Other Expenses: 1800
Sewer
Connected: 1
Unit Information
Retail: Strip Center
Apartment Unit Information
# of Units/Other: 4
Roof
Built-Up: 1
Water
Water Company: Liberty Water
Property Features
Smoke Detector: 1
Fence
None: 1
Road Type
Paved: 1
Fenced Storage
No: 1
Lot Features
East/West Exposure: 1
Main Cooling
Heat Pump: 1
Main Heating
Heat Pump: 1
Water Heater
Electric: 1
Terms
Submit: 1
Submit With Offer
Digital Signature Accepted: 1
Earnest Check: 1
Loan Pre-Qualifiaction: 1
Proof of Funds: 1
Accessibility Option
Entry: 1
Security
Prewired: 1
Sold Info
Seller Concessions: 0
Seller Paid Repairs: 752
Landscape - Front
Low Care: 1
Landscape - Rear
Low Care: 1
Parking
Paved Parking: 1
Business Location
Free Standing Bldg: 1
Freeway/Highway
1.1 - 2 Miles: 1
Possession
Recording: 1
Property Disclosures
Leases: 1
Property Profile: 1
Seller Prop Disclosure: 1
Special Conditions
None: 1
Remarks Misc
Geo Lat: 31.472877
Geo Lon: -111.000996
Property Features
Property Features: Smoke Detector
Construction: Frame - Stucco
Roof: Built-Up
Fenced Storage: No
Main Cooling: Heat Pump
Main Heating: Heat Pump
Water Heater: Electric
Sewer: Connected
Accessibility Option: Entry
Security: Prewired
Fence: None
Landscape - Front: Low Care
Landscape - Rear: Low Care
Road Type: Paved
Parking: Paved Parking
Lot Features: East/West Exposure
Business Location: Free Standing Bldg
Terms: Submit
Possession: Recording
Submit With Offer: Digital Signature Accepted; Earnest Check; Loan Pre-Qualifiaction; Proof of Funds
Property Disclosures: Leases; Property Profile; Seller Prop Disclosure
Special Conditions: None
Listing Office: Agave Premier Properties
Last Updated: April - 17 - 2026
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