$40,000
Tucson, AZ 85701
MLS# 21704281
Status: Closed
1 sqft
1 / 2
Property Description
This lot is zoned C-3. Multiple uses. Clear Channel is a outdoor advertising tenant. Contact listing agent for details. Permits show a house was on this site at one time. Buyer is encouraged to do their full due diligence. Seller has little to no knowledge of the property or it's condition. 6.58 % CAP rate on an annualized lease rate.
Details
Maps
Documents
Address Information
Country: USA
Street #: 718
Direction: S
Street Name: Stone
Suffix: Avenue
State/Province: AZ
Zip Code: 85701
County: Pima
Location, Tax & Legal
Tax Year: 2016
Taxes: 1035.42
Assessments: 0
Legal Description: Tucson NE ptn of Lot 6 Blk 121
Municipality/Zoning: Tucson - C3
Fire Protection: Included in Taxes
Tax Code: 117-07-1970
Area: Central
Status Change Info
Off Market Date: 2017-02-16
Sold Price/SqFt: 40000
Lot Sz Sold Prc/SqFt: 10.2
Financing: Cash
Pending Date: 2017-03-16
Sold Date: 2017-03-17
Sold Price: $40,000
General Property Information
# Units: 1
Lot Dimensions: 10*10
Lot Acres: 0.09
Lot Sqft: 3920
Lot Size Source: Owner
Source of SqFt: Owner
List Price/SqFt: 40000
Lot Size Price/SqFt: 10.2
Combined SqFt: 1
Showing Information
Directions: Stone and Congress S. to address.
Income
Vacancy Loss: 0
Other Income: 0
Adjusted Gross: 6077
Total Expenses: 1035
Gross Scheduled Rent: 6077
Net Opp Income: 5042
Analysis
Gross Rent Multi: 6.58
Vacancy Rate %: 0
Exp/SqFt: 1035
Exp % of Gross: 17.03
Cap Rate %: 12.61
Construction
Other: 1
Expenses
Admin Expenses: 0
Captial Expenses: 0
Contract Services: 0
Figures Presented: Actual
Gas/Electric: 0
Insurance: 0
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 1035
Water/Sewer: 0
Other Expenses: 0
Main Heating
Other: 1
Terms
Cash: 1
Sold Info
Seller Concessions: 0
Contract Information
Current Price: $40,000
Sold Price: $40,000
Listing Date: 2017-02-13
Status: Closed
Remarks Misc
Geo Lat: 32.212812
Geo Lon: -110.969533
Property Features
Construction: Other
Main Heating: Other
Terms: Cash
Listing Office: Realty Executives Arizona Territory
Last Updated: September - 09 - 2026
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