280 S 79TH Street, Chandler, AZ 85226

$8,200,000
Property Type: Comm/Industry Sale Square Footage: 68,000 Lot Size (sq. ft.): 142,539 Status: Closed
Current Price: $8,200,000 List Date: 8/31/2021 Last Modified: 7/01/2022

Description

Only the finest finishes, Quality is evident in every area of this amazing building it has to be seen to be believed and is one of the most desirable buildings of its type in the valley. It is a fantastic opportunity, like new hangar space, 4 hangars with 3 approx 20 x 70 doors and 2 20 X 90 doors suitable for all planes that can fly out of stellar airpark, the only FAA private airport in the valley suitable for many uses including Jets, Prop planes, helicopters etc. This building contains 2 floors, the main floor is 48,800 sq ft with a 16380 Mezzanine.

More Information MLS# 5980463

Contract Info

Ownership: Fee Simple Current Price: $8,200,000 Sold Price: $8,200,000 Status: Closed List Date: 2019-09-19

Location, Tax & Legal

Assessor's Map #: 90 Legal Description (Abbrev): LOT 2 MINOR LAND DIVISION FOR STELLAR AIRPARK 2 MCR 092705 Assessor's Parcel #: 471 Add'l Parcels: No Tax Municipality: Chandler Census Tract: 811000 Taxes: 76615 Tax District: 280300 Legal: LOT 2 MINOR LAND DIVISION FOR STELLAR AIRPARK 2 MCR 092705 Marketing Name: Stellair Airpark Map Code/Grid: T37 House Number: 280 Compass: S Street Name: 79TH St Suffix: Street City/Town Code: Chandler State/Province: AZ Zip Code: 85226 Zip4: 4738 County Code: Maricopa Subdivision: MINOR LAND DIVISION FOR STELLAR AIRPARK 2 Assessor Number: 301-90-471 Tax Year: 2019

General Property Description

Type of Property: Hangar Ttl Apx SqFt Bldg: 68000 # of Buildings: 1 Uncvrd Parking Spcs: 30 Lot Size Dimensions: 300x448 Year Built: 2008 Zoning: I-1

Legal Info

Range: 4E Section: 35 Township: 1S Lot Number: 2

Construction

Block: 1 Metal: 1 Ducts Professionally Air-Sealed: 1

Roofing

Built-Up: 1 Foam: 1

Floors

Concrete: 1 Sealed: 1

Bay Info

# of Bays: 5 # of Bay Doors: 5 Bay Door Height: 20 Bay Door Width: 90

Income & Expenses

Annual Elec Exp: 0 Annual Gas Exp: 0 Annual Ins Exp: 0 Annual Land Lse Exp: 0 Annual Landscape Exp: 0 Annual Legal & Acctg: 0 Annual Maint Exp: 0 Annual Mgmt Exp: 0 Annual Trash Exp: 0 Annual Wtr/Swr Exp: 0 Owner Association: Yes Annual Ownr Asoc Fee: 1500 Annual PAD Fee: 0 Annual Rplcmnt Rsrvs: 0 Annual Other Expense: 0 Operating Exp: 78115 Other Income: 0 Vacancy Allowance: 0 Adjusted Gross Inc: 0

Building Type

Commercial: 1 Industrial: 1 Distribution/Warehouse: 1 Other (See Remarks): 1

Business Type

Recreation: 1 Professional/Office: 1 Warehouse: 1 Wholesale: 1

Stories

2 Stories: 1

Pmt & Rate Info

Down Payment: 0 Equity: 7250000 Total Owed: 0 Assessment Balance: 0

Showing Notification Methods

Text: 1

Lockbox Type

None: 1

Ceiling Height

16.1 Feet to 28 Feet: 1

Heating

Other: 1 See Remarks: 1

Cooling

Central Air: 1 Warehouse A/C: 1 Other: 1 See Remarks: 1

Loading Facilities

Grade Level: 1

Exterior

Dual Street Ftg: 1 Sprinkler System-Ground: 1 Landscaping: 1 Storage Yard: 1

Source of Fincl Data

Other (See Remarks): 1

Traffic Count

Up to 5,000: 1

Fencing

Other: 1 See Remarks: 1

Water Source

City Franchise: 1

Freeway/Highway

Up to 1 Mile: 1

Sewer

Sewer - Public: 1

Parking Features

Fenced: 1 Other: 1

Electric

SRP: 1 Underground: 1 220 Volts: 1 440 Volts: 1 Over 220 Amp: 1 3 Phase Power: 1

Gas

SW Gas: 1

New Financing

Cash Only: 1 1031 Exchange: 1

Special

Runway Access: 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 2nd Loan

Other (See Remarks): 1

Existing 3rd Loan

Other (See Remarks): 1

Use Restrictions

Deed Restrictions: 1 CC&R's: 1 Airport Flight Zone: 1

Reports/Disclosures

None: 1

Environmental

Other (See Remarks): 1

Existing Othr Ln Trm

Not Applicable: 1

Sold Info

Loan Type: Other Payment Type: Fixed Clsing Cost Split: Normal - N Buyer Concession to Seller: 0 Buyer Concession $/%: $ Seller Concession to Buyer: 0 Seller Concession $/%: $

Remarks Misc

Cross Street: MacClintock & 202 Directions: Exit the 202 at MacClintock, north on MacClintock to Milky Way, North on 79th West on Jupiter Geo Lat: 33.299072 Geo Lon: -111.913602

Status Change Info

Off Market Date: 2021-08-31 Under Contract Date: 2021-08-05 Close of Escrow Date: 2021-09-17 Sold Price: $8,200,000

Property Features

Building Type: Commercial; Industrial; Distribution/Warehouse; Other (See Remarks) Business Type: Recreation; Professional/Office; Warehouse; Wholesale Stories: 2 Stories Construction: Block; Metal; Ducts Professionally Air-Sealed Roofing: Built-Up; Foam Floors: Concrete; Sealed Ceiling Height: 16.1 Feet to 28 Feet Heating: Other; See Remarks Cooling: Central Air; Warehouse A/C; Other; See Remarks Loading Facilities: Grade Level Exterior: Dual Street Ftg; Sprinkler System-Ground; Landscaping; Storage Yard Fencing: Other; See Remarks Parking Features: Fenced; Other Electric: SRP; Underground; 220 Volts; 440 Volts; Over 220 Amp; 3 Phase Power Gas: SW Gas Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; 1031 Exchange Showing Notification Methods: Text Lockbox Type: None Special: Runway Access Source of Fincl Data: Other (See Remarks) Existing 1st Loan: Treat as Free&Clear Existing 2nd Loan: Other (See Remarks) Existing 3rd Loan: Other (See Remarks) Existing Othr Ln Trm: Not Applicable Traffic Count: Up to 5,000 Use Restrictions: Deed Restrictions; CC&R's; Airport Flight Zone Environmental: Other (See Remarks)
Listing Office: Keller Williams, Professional Partners
IDX
Last Updated: July - 01 - 2022
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