19820 S MCQUEEN Road -, Chandler, AZ 85286 (MLS# 6495479)

Description

12.02 acre future employment/light industrial land. Or buyer can re-vamp the ''El Doce Rancho'' equestrian business. The horse boarding facility grossed $200K annually at only 60% occupancy. At full capacity, it would gross $320K/annually. The property has two barns, mare hotel, storage, office, 4 arena's (two fully lighted, one partial), two round pens, 7 turnouts, 112 stalls with tack sheds w/ wash racks. The property has its own well and completely fenced. This site is primed for development. The City is ready to annex immediately. Zoning to be light industrial, flex-use, RV or mini-storage. All surrounding land has been sold to developers except the property to the east. ''Canary Way'' will be the access street on south side. Developer will be responsible to build the 1/2

Contract Information

Type: Exclusive Right To Sell For Sale or Lease?: Sale Current Price: $5,600,000 Sold Price: $5,600,000 Status: Closed List Date: 2022-12-05

Location, Tax & Legal

Lot #: - Assessor's Map #: 33 Legal Description (Abbrev): W 830.05F OF S 631F OF NE4 SE4 SEC 10 EX S 30F RD Assessor's Parcel #: 11 Assessor Parcel Ltr: B Add'l Parcels: No Tax Municipality: Maricopa - COUNTY Census Tract: 812400 Taxes: 12320 Map Code/Grid: U39 House Number: 19820 Compass: S Street Name: MCQUEEN St Suffix: Road City/Town Code: Chandler State/Province: AZ Zip Code: 85286 Zip4: 1907 County Code: Maricopa Assessor Number: 303-33-011-B Tax Year: 2022

General Property Description

Apx Total Acres: 12.02 Apx Total Acres G/N: G Price Per Acre: 457570.72 Apx SqFt: 523724 Price Per SqFt: 10.5 Apx SqFt G/N: G Lot Size Dimensions: 830 x 631 Elementary School District: Chandler Unified District High School District: Chandler Unified District Zoning: RU-43

Legal Info

Range: 5E Section: 10 Township: 2S Lot Number: -

Special Listing Cond

N/A: 1

Pmt & Rate Info

Equity: 5500000 Total Owed: 0

Assoc/Prop Info

HOA Y/N: N PAD Fee Y/N: N Assessed Balance: 0 HOA 2 Y/N: N

Lockbox Type

None: 1

Existing Land Use

Ranch: 1

Zoned Presently

Agricultural: 1

Parcel Size

10.00 - 19.99 Acres: 1

Land Configuration

Square Rectangular: 1

Water Source

Domestic Well: 1

Sewer

Septic Tank: 1

Electric

SRP: 1

Gas

None: 1

Distance to Cable

None: 1

New Financing

Cash: 1 Conventional: 1 Owner May Carry: 1 1031 Exchange: 1

Distance to Phone

On Property: 1

Distance to Water

On Property: 1

Distance to Electric

On Property: 1

Distance to Gas

Under 350 Feet: 1

Distance to Sewer

Under 350 Feet: 1

Reports/Disclosures

Seller Prop Disc Stm: 1 ALTA Survey Alba: 1

Environmental

Phase I Available: 1

Sold Info

Loan Type: Cash Closing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: McQueen & Germann Directions: south on McQueen past Willis Road, then west on 1st dirt road after the horse and pasture. Go West and property is 2nd property in on the north side of the road. Geo Lat: 33.266851 Geo Lon: -111.827109

Status Change Info

Off Market Date: 2023-09-14 Under Contract Date: 2023-01-05 Close of Escrow Date: 2023-08-30 Sold Price: $5,600,000

Property Features

Special Listing Cond: N/A Existing Land Use: Ranch Zoned Presently: Agricultural Parcel Size: 10.00 - 19.99 Acres Land Configuration: Square Rectangular Water Source: Domestic Well Sewer: Septic Tank Electric: SRP Gas: None Distance to Cable: None Distance to Phone: On Property Distance to Water: On Property Distance to Electric: On Property Distance to Gas: Under 350 Feet Distance to Sewer: Under 350 Feet New Financing: Cash; Conventional; Owner May Carry; 1031 Exchange Environmental: Phase I Available Lockbox Type: None