1232 E BASELINE Road, Tempe, AZ 85283

$3,900,000
Property Type: Comm/Industry Sale Square Footage: 19,120 Lot Size (sq. ft.): 61,202 Status: Active
Current Price: $3,900,000 List Date: 7/04/2025 Last Modified: 10/01/2025

Description

Off-highway parking in the rear of the building. Eastside personnel doors for 1st or 2nd floor access and for cargo loading. August 2024 remodeled both 1st and 2nd floor suites for the IT tenant, Cash Flow Management (CFM), left for a larger space. Seller is a licensed real estate person inactive). Dbsi Real Estate LLC, related to the building Owner

Supplements: Property has first and second floors available for lease.

More Information MLS# 6888577

Contract Info

Ownership: Fee Simple Current Price: $3,900,000 List Price: $3,900,000 Status: Active List Date: 2025-07-03

Location, Tax & Legal

Assessor's Map #: 38 Legal Description (Abbrev): LAKE COUNTRY ESTATES UNIT I MCR 132/29 PT TRACT A DAF BEG SE COR TR A TH W 417F TO PT N 354.93F E Assessor's Parcel #: 3 Assessor Parcel Ltr: G Add'l Parcels: No Tax Municipality: Tempe Census Tract: 319401 Taxes: 45470 Legal: LAKE COUNTRY ESTATES UNIT I MCR 132/29 PT TRACT A DAF BEG SE COR TR A TH W 417F TO PT N 354.93F E Marketing Name: 1232 E Baseline SALE House Number: 1232 Compass: E Street Name: BASELINE St Suffix: Road City/Town Code: Tempe State/Province: AZ Zip Code: 85283 Zip4: 1450 County Code: Maricopa Subdivision: LAKE COUNTRY ESTATES UNIT 1 Assessor Number: 133-38-003-G Tax Year: 2024

General Property Description

Type of Property: 2 Story Office Building Ttl Apx SqFt Bldg: 19120 Ttl Apx Net Rnt Spc: 18022 # of Buildings: 1 Uncvrd Parking Spcs: 67 Stories: 2 Lot Size Dimensions: 203 x 355 x 208 x 300 Flood Zone: No Volts/Amps: 2500 amp Year Built: 1987 Zoning: C-C

Legal Info

Range: 4E Section: 35 Township: 1N Lot Number: 1

Construction

Block: 1 Tilt-Up: 1

Roofing

Built-Up: 1 Tile: 1

Floors

Concrete: 1 Vinyl: 1 Ceramic Tile: 1 Carpet: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Annual Other Expense: 115000 Operating Exp: 160470 Other Income: 20000 Vacancy Allowance: 0 Adjusted Gross Inc: 85000

Building Type

Commercial: 1 Office: 1

Business Type

Service Business: 1 Professional/Office: 1

Pmt & Rate Info

Equity: 3900000 1st Encumbrance: 0 2nd Encumbrance: 0 2nd Payment Freq: None 3rd Encumbrance: 0 3rd Payment Freq: None Total Owed: 0 Avg Rent P/SqFt: 20 Assessment Balance: 0

Showing Notification Methods

Showing Service: No Showing Service Used Phone Call: 1

Lockbox Type

None: 1

Ceiling Height

10.1 Feet to 12 Feet: 1

Heating

Heat Pump: 1

Cooling

See Remarks: 1

Interior Features

Finished: 1 Fire Sprinklers: 1 Security Light(s): 1 Private Restrooms: 1 Public Restrooms: 1

Loading Facilities

Grade Level: 1 None: 1 Other (See Remarks): 1

Road Access Type

Dedicated Street: 1

Exterior

Sprinkler System-Ground: 1 Landscaping: 1 Building Sign: 1 Monument Sign: 1 Security Light(s): 1 Security Camera(s): 1

Source of Fincl Data

Owner: 1 Projected Proforma: 1

Fencing

Block: 1 Partial: 1

Water Source

City Franchise: 1

Freeway/Highway

Frontage: 1

Building Features

Public Elevator(s): 1 Conference Room: 1 Reception Room: 1 Kitchen: 1 Fiber Optic Availble: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1 Parking Lot: 1 Paved: 1

Electric

APS: 1 Underground: 1 Master Meter: 1

Gas

None: 1

New Financing

Cash Only: 1

Special

Have First Right: 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 2nd Loan

Treat as Free&Clear: 1

Existing 3rd Loan

Treat as Free&Clear: 1

Use Restrictions

CC&R's: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 480-421-9330

Remarks Misc

Cross Street: Lakeshore Drive & Baseline (nr Rural) Directions: South of 60 on Rural to Bassline of Lakeshore. Or McClintock to Baseline. Signal corner at Lakeshore Drive. Geo Lat: 33.378895 Geo Lon: -111.918634

Income Expenses

Gross Annual Sch Inc: 65000

Property Features

Building Type: Commercial; Office Business Type: Service Business; Professional/Office Construction: Block; Tilt-Up Roofing: Built-Up; Tile Floors: Concrete; Vinyl; Ceramic Tile; Carpet Ceiling Height: 10.1 Feet to 12 Feet Heating: Heat Pump Cooling: See Remarks Loading Facilities: Grade Level; None; Other (See Remarks) Interior Features: Finished; Fire Sprinklers; Security Light(s); Private Restrooms; Public Restrooms Exterior: Sprinkler System-Ground; Landscaping; Building Sign; Monument Sign; Security Light(s); Security Camera(s) Fencing: Block; Partial Building Features: Public Elevator(s); Conference Room; Reception Room; Kitchen; Fiber Optic Availble Parking Features: Free; Parking Lot; Paved Road Access Type: Dedicated Street Electric: APS; Underground; Master Meter Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only Showing Notification Methods: Phone Call Lockbox Type: None Special: Have First Right Source of Fincl Data: Owner; Projected Proforma Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Treat as Free&Clear Existing 3rd Loan: Treat as Free&Clear Use Restrictions: CC&R's Environmental: None
Listing Office: DBSI Real Estate, LLC
IDX
Last Updated: October - 01 - 2025
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