cover page// 1 for sale · 2017-05-05 · $1,317,776 3.78 ac $8.00 $348,617 2 wildhorse 2380 w...
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RYAN KAY602.566.7203RYAN.KAY@SPERRYCGA.COMAZ #SE026438000
SHANE BENJAMIN602.566.7205SHANE.BENJAMIN@SPERRYCGA.COMAZ #SA642432000
NEIL SHERMAN602.566.7210NEIL.SHERMAN@SPERRYCGA.COMAZ #BR026438000
COVER PAGE // 1
Each Sperry Commercial Global Affiliate Office Is Independetly Owned And Operated.SperryCGA - InsigniaCRE, LLC // 2198 E. CAMELBACK ROAD , SUITE 270, PHOENIX, AZ 85016 // SPERRYCGA.COM
FOR SALE
12221 E Pecos Rd , Chandler, AZ
Sale Price: $1,225,000
Property Type: Land/Residential
Land Size: 4.37 Acres
APN #: 303-29-012B
Zoning: AG-1
Market: Chandler
Cross Streets: McQueen Road & Pecos Road
Property Details
• 4.36 Acres• Agricultural Zoning (Low Property Taxes)• Residential General Plan Overlay• 1 mile south of Loop 202, and 3 miles east of Loop 101• Close proximity to Downtown Chandler, Chandler-Gilbert Community
College, Chandler Municipal Airport and Chandler Fashion Center• 470' of Street Frontage along Pecos Road
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EXECUTIVE SUMMARY // 2SperryCGA - InsigniaCRE, LLC / / 2198 E. CAMELBACK ROAD , SUITE 270, PHOENIX, AZ 85016 // SPERRYCGA.COM
PROPERTY OVERVIEW
This property consists of 190,325 SF (4.36 acres) of agriculturally-zoned raw land, located in the heart ofChandler. The East Valley of Phoenix has been the primary driver of development growth in recent yearsand the Phoenix MSA is now predicted to be the number one city in terms of residential developmentgrowth in 2017. The property has 470’ of street frontage along Pecos Road, and is 1 mile from the Loop202, which provides great accessibility to the rest of the Valley. Downtown Chandler, Chandler-GilbertCommunity College and the Chandler Municipal Airport are all within 2 miles of the property.
PROPERTY HIGHLIGHTS
• 4.36 Acres
• Agricultural Zoning (Low Property Taxes)
• Residential General Plan Overlay
• 1 mile south of Loop 202, and 3 miles east of Loop 101
• Close proximity to Downtown Chandler, Chandler-Gilbert Community College, Chandler Municipal
Airport and Chandler Fashion Center
• 470' of Street Frontage along Pecos Road
PROPERTY SUMMARY
Sale Price: $1,225,000
Lot Size: 4.37 Acres
APN #: 303-29-012B
Zoning: AG-1
Market: Chandler
Cross Streets: McQueen Road & Pecos Road
EXECUTIVE SUMMARY
LOCATION MAPS
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LOCATION MAPS // 3SperryCGA - InsigniaCRE, LLC / / 2198 E. CAMELBACK ROAD , SUITE 270, PHOENIX, AZ 85016 // SPERRYCGA.COM
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AERIAL MAP // 4SperryCGA - InsigniaCRE, LLC / / 2198 E. CAMELBACK ROAD , SUITE 270, PHOENIX, AZ 85016 // SPERRYCGA.COM
AERIAL MAP
AERIAL MAP
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AERIAL MAP // 5SperryCGA - InsigniaCRE, LLC / / 2198 E. CAMELBACK ROAD , SUITE 270, PHOENIX, AZ 85016 // SPERRYCGA.COM
SALE COMPS
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SALE COMPS // 6SperryCGA - InsigniaCRE, LLC / / 2198 E. CAMELBACK ROAD , SUITE 270, PHOENIX, AZ 85016 // SPERRYCGA.COM
SUBJECT PROPERTY
12221 E Pecos Rd | Chandler, AZ 85225
$1,225,000Sale Price:
4.37 ACLot Size:
$6.44Price PSF:
$280,368Price / AC:
DESERT JEWEL APARTMENTS2800 N Arizona Avenue | Chandler, AZ 85225
$1,317,776Sale Price:
3.78 ACLot Size:
$8.00Price PSF:
$348,617Price / AC:
01/27/2016Closed:
1
WILDHORSE2380 W Wildhorse Drive | Chandler, AZ 85286
$1,950,000Sale Price:
5 ACLot Size:
$8.95Price PSF:
$390,000Price / AC:
12/23/2015Closed:
2 PARKLAND MEMORY CARE3500 S Arizona Avenue | Chandler , AZ 85248
$1,179,642Sale Price:
4.68 ACLot Size:
$5.79Price PSF:
$252,060Price / AC:
03/10/2016Closed:
3
*This information has been obtained from sources we believe to be reliable. While Sperry Commercial Global Affiliates – InsigniaCRE, LLC does not doubt its accuracy, we make no representations or warranties, expressed or implied about it. It is yourresponsibility to independently confirm its accuracy and completeness.
SALE COMPS
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SALE COMPS // 7SperryCGA - InsigniaCRE, LLC / / 2198 E. CAMELBACK ROAD , SUITE 270, PHOENIX, AZ 85016 // SPERRYCGA.COM
ENCLAVE AT HAMILTON RANCH0 E Queen Creek Road | Chandler, AZ 85286
$7,147,459Sale Price:
27.74 ACLot Size:
$5.92Price PSF:
$257,658Price / AC:
03/04/2016Closed:
4 SEC MCQUEEN & 2020 S McQueen Road | Chandler, AZ 85286
$3,354,714Sale Price:
12.84 ACLot Size:
$6.00Price PSF:
$261,270Price / AC:
10/22/2015Closed:
5
*This information has been obtained from sources we believe to be reliable. While Sperry Commercial Global Affiliates – InsigniaCRE, LLC does not doubt its accuracy, we make no representations or warranties, expressed or implied about it. It is yourresponsibility to independently confirm its accuracy and completeness.
SALE COMPS SUMMARY
SALE COMPS PRICE LOT SIZE PRICE/SF PRICE/AC
1Desert Jewel Apartments2800 N Arizona AvenueChandler, AZ 85225
$1,317,776 3.78 AC $8.00 $348,617
2Wildhorse2380 W Wildhorse DriveChandler, AZ 85286
$1,950,000 5 AC $8.95 $390,000
3Parkland Memory Care3500 S Arizona AvenueChandler , AZ 85248
$1,179,642 4.68 AC $5.79 $252,060
4Enclave at Hamilton Ranch0 E Queen Creek RoadChandler, AZ 85286
$7,147,459 27.74 AC $5.92 $257,658
5SEC McQueen & 2020 S McQueen RoadChandler, AZ 85286
$3,354,714 12.84 AC $6.00 $261,270
TOTALS/AVERAGES $2,989,918 10.81 AC $6.35 $276,588
SUBJECT PROPERTY PRICE LOT SIZE PRICE/SF PRICE/AC
12221 E Pecos RdChandler, AZ 85225
$1,225,000 4.37 AC $6.44 $280,368
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SALE COMPS SUMMARY // 8SperryCGA - InsigniaCRE, LLC / / 2198 E. CAMELBACK ROAD , SUITE 270, PHOENIX, AZ 85016 // SPERRYCGA.COM
*This information has been obtained from sources we believe to be reliable. While Sperry Commercial Global Affiliates – InsigniaCRE, LLC does not doubt its accuracy, we make no representations or warranties, expressed or implied about it. It is yourresponsibility to independently confirm its accuracy and completeness.
SALE COMPS MAP
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SALE COMPS MAP // 9SperryCGA - InsigniaCRE, LLC / / 2198 E. CAMELBACK ROAD , SUITE 270, PHOENIX, AZ 85016 // SPERRYCGA.COM
12221 E Pecos Rd | Chandler, AZ 85225SUBJECT PROPERTY
1
2800 N Arizona AvenueChandler, AZ 85225
DESERT JEWEL APARTMENTS
2
2380 W Wildhorse DriveChandler, AZ 85286
WILDHORSE
3
3500 S Arizona AvenueChandler , AZ 85248
PARKLAND MEMORY CARE
4
0 E Queen Creek RoadChandler, AZ 85286
ENCLAVE AT HAMILTON RANCH
5
0 S McQueen RoadChandler, AZ 85286
SEC MCQUEEN & 202
*This information has been obtained from sources we believe to be reliable. While Sperry Commercial Global Affiliates – InsigniaCRE, LLC does not doubt its accuracy, we make no representations or warranties, expressed or implied about it. It is yourresponsibility to independently confirm its accuracy and completeness.
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DEMOGRAPHICS MAP // 10SperryCGA - InsigniaCRE, LLC / / 2198 E. CAMELBACK ROAD , SUITE 270, PHOENIX, AZ 85016 // SPERRYCGA.COM
* Demographic data derived from 2010 US Census
1 Mile 3 Miles 5 Miles
Total Population 10,283 98,094 255,008
Population Density 3,273 3,469 3,247
Median Age 31.8 31.6 33.1
Median Age (Male) 31.1 30.8 32.5
Median Age (Female) 32.1 32.0 33.6
Total Households 3,649 33,755 90,215
# of Persons Per HH 2.8 2.9 2.8
Average HH Income $77,352 $79,975 $89,187
Average House Value $267,272 $327,885 $350,941
DEMOGRAPHICS MAP
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