$690,000
$805,860
14.4%For more information regarding the value of a property, please contact us for a free consultation.
16265 E Peak Ln Red Rock, AZ 85245
3.7 Acres Lot
Key Details
Sold Price $690,000
Property Type Vacant Land
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Unsubdivided
MLS Listing ID 22129035
Sold Date 07/03/23
HOA Y/N No
Annual Tax Amount $3,396
Tax Year 2020
Lot Size 3.700 Acres
Acres 3.7
Lot Dimensions irregular
Property Sub-Type Retail
Source MLS of Southern Arizona
Property Description
2 sale options:
1) This listing is for 3.7 acres of land (0.5 acres of the 4.21 will be sold with the retail property). the 3.7 acres is being sold for $5 per sqft ($805,860)
2) 2400 sqft retail building with 8% cap rate. Lease was just extended for 5 years with a 10 year history. 0.5 acres included for $806,337
Or buy both (leased retail building and 4.21 acres) for $1.5M
Location
State AZ
County Pinal
Community Unsubdivided
Area Extended Northwest
Zoning Other - CALL
Direction I-10 to Picacho Peak exit, South on Peak Lane to address.
Exterior
Fence None
Community Features None
View Y/N Yes
Water Access Desc Water Company
View Panoramic, Mountain(s)
Building
Sewer Septic Tank
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Other
Others
Tax ID 410-05-005B
Acceptable Financing Owner Will Carry, Cash
Horse Property No
Listing Terms Owner Will Carry, Cash
Special Listing Condition None
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