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Home > 304-55-011 T, -, Gilbert, AZ 85295 (MLS# 6200270)

304-55-011 T, -, Gilbert, AZ 85295

$3,950,000
Property Type: Land and Lots Lot Size (sq. ft.): 358,012 Status: Closed
Current Price: $3,950,000 List Date: 9/27/2022 Last Modified: 10/26/2022

Description

Look no further! This property is a developers dream! Frontage on the soon to be 6 lane Germann Rd and visibility from the Loop 202 South Freeway! Major improvements in the area such as the diamond interchange of Germann Rd, expanding it to 6 lanes and the addition of a freeway on/off ramp at Lindsay Rd and loop 202. The addition of many new commercial, single family and multifamily properties within a 1 mile radius will bring businesses and patrons alike to this area. The increase in traffic and visibility make this property perfect for so many different businesses.

More Information MLS# 6200270

Contract Information

Current Price: $3,950,000 Sold Price: $3,950,000 Status: Closed List Date: 2021-02-25 For Sale or Lease?: Sale Type: ER

Location Tax Legal

Map Code/Grid: U40 House Number: 304-55-011 Street Name: T St Suffix: -- City/Town Code: Gilbert State/Province: AZ Zip Code: 85295 Country: USA County Code: Maricopa Assessor Number: 304-55-011-S Subdivision: N/A Tax Year: 2020

General Property Description

Apx Total Acres: 8.15 Apx Total Acres G/N: G Price Per Acre: 523312.88 # Lots in Listing: 1 Apx SqFt: 358012 Price Per SqFt: 11.91 Apx SqFt G/N: G Lot Size Dimensions: Irregular Horses: N Street Frontage: 110 Zoning: LI Flood Zone: No

Remarks Misc

Cross Street: Germann Rd & SIlverado Ct. Directions: From Loop 202 & Gilbert Rd, head South on Gilbert Rd., East on Germann Rd. to Intersection of Germann Rd. and Silverado Ct. Property located on NE corner. Geo Lat: 33.277833 Geo Lon: -111.776254

Status Change Info

Status Change Date: 2022-10-26 Off Market Date: 2022-09-27 Under Contract Date: 2022-05-23 Close of Escrow Date: 2022-10-25 Sold Price: $3,950,000

Legal Info

Township: 2S Range: 6E Section: 6 Lot Number: -

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Special Listing Cond: N/A Existing Land Use: Farm; Other (See Rmks) Zoned Presently: Industrial Potential Use: Commercial; Industrial; Agricultural; Office; Retail; Pad Site; Ranch; Recreational; See Remarks Parcel Size: 5.00 - 9.99 Acres Land Features: Cul-De-Sac Elevation: 1,001 - 2,000 Ft Elevation Source: Owner Vegetation: Row Crop Land Configuration: Irregular Shape Traffic Count: 15,001 to 25,000 Topography: Laser Level Existing Structures: None Water: City Franchise; Irr Ditch(es)-Unlnd Sewer: Sewer - Public; Sewer - Available; Other (See Remarks) Electric: SRP; Other (See Rmks) Gas: SW Gas; Other (See Rmks) Distance to Cable: Under 350 Feet Distance to Phone: Under 350 Feet Distance to Water: Under 350 Feet Distance to Electric: Under 350 Feet Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet Existing 1st Loan: Treat as Free&Clear Existing 1st Ln Type: Not Applicable Existing 1st Ln Trms: Not Applicable New Financing: Cash Environmental: None Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None
Listing Office: The Brokery
Last Updated: October - 26 - 2022
304-55-011 T, -, Gilbert, AZ 85295- MLS# 6200270
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