280 S 79TH Street, Chandler, AZ 85226 (MLS# 5980463)

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

Overview

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.

Listing Details MLS# 5980463

Location, Tax & Legal

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
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

Contract Info

Ownership: Fee Simple

General Property Description

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

Remarks Misc

Cross Street: MacClintock & 202
Directions: Exit the 202 at MacClintock, north on MacClintock to Milky Way, North on 79th West on Jupiter

Status Change Info

Off Market Date: 2021-08-31
Under Contract Date: 2021-08-05
Close of Escrow Date: 2021-09-17

Legal Info

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

More Information

Bay Info

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

Sold Info

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

Construction

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

Roofing

Built-Up: Yes
Foam: Yes

Floors

Concrete: Yes
Sealed: Yes

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: Yes
Industrial: Yes
Distribution/Warehouse: Yes
Other (See Remarks): Yes

Business Type

Recreation: Yes
Professional/Office: Yes
Warehouse: Yes
Wholesale: Yes

Stories

2 Stories: Yes

Pmt & Rate Info

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

Showing Notification Methods

Text: Yes

Lockbox Type

None: Yes

Ceiling Height

16.1 Feet to 28 Feet: Yes

Heating

Other: Yes
See Remarks: Yes

Cooling

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

Interior Features

Finished: Yes

Loading Facilities

Grade Level: Yes

Road Surface Type

Concrete: Yes

Exterior

Dual Street Ftg: Yes
Sprinkler System-Ground: Yes
Landscaping: Yes
Storage Yard: Yes
Curb(s) & Gutter(s): Yes

Source of Fincl Data

Other (See Remarks): Yes

Traffic Count

Up to 5,000: Yes

Fencing

Other: Yes
See Remarks: Yes

Water Source

City Franchise: Yes

Freeway/Highway

Up to 1 Mile: Yes

Sewer

Sewer - Public: Yes

Parking Features

Fenced: Yes
Other: Yes

Electric

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

Gas

SW Gas: Yes

New Financing

Cash Only: Yes
1031 Exchange: Yes

Special

Runway Access: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Other (See Remarks): Yes

Use Restrictions

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

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

Other (See Remarks): Yes

Existing Othr Ln Trm

Not Applicable: Yes

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 Interior Features: Finished Exterior: Dual Street Ftg; Sprinkler System-Ground; Landscaping; Storage Yard; Curb(s) & Gutter(s) 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 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable Road Surface Type: Concrete 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

Last Updated: July - 01 - 2022