$365,000
1197 W Frontage Road
Rio Rico, AZ 85648
MLS# 21919056
Status: Closed
4132 sqft


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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

IDX
Listing Office: Agave Premier Properties

Last Updated: April - 17 - 2026

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.


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