9103 Hardy DrTempe, AZ 85284

  • Other commercial real estate
  • 250 SF
For Sale
$1,499,000 View listing

Property Details for 9103 Hardy Dr

Year built
1976
Construction
STEEL FRAME
Lot size
1.24 AC
Property size (Sq ft)
250 SF
Zone code
GID
Property type
Other commercial real estate
APN
301-60-003R
APU
30160003R

Description

This exceptional 1.24-acre property located at 9103 S HARDY Drive in Tempe, Arizona, presents a unique investment opportunity. The site features an existing 800 square foot steel building, equipped with a swamp cooler and electricity, along with a single bathroom. The property is fully fenced and secured, providing peace of mind for both owner and tenants. Currently generating income through multiple tenants utilizing the space for storage and/or workspace, this property offers immediate cash flow potential. The GID zoning allows for a variety of uses, providing flexibility for future development or expansion. The substantial lot size provides ample room for potential future construction or expansion of the existing structure. This is an ideal investment for those seeking a strong return on investment in a rapidly growing area. The existing building provides immediate income, while the land offers significant potential for future development. The property's secure and fenced nature ensures tenant satisfaction and minimizes potential risks. This turnkey operation is ready for a new owner to step in and continue the successful rental operation or explore further development opportunities. The combination of existing income and future potential makes this a truly compelling investment opportunity in the thriving Tempe market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $44,527
    Hospitality
    $40,787
    Educational
    $33,934
    Medical
    $35,101
    Retail
    $52,787
9103 Hardy Dr, Tempe, Arizona

Location Insight

City
Tempe
County
Maricopa
State
Arizona
Latitude
33.331
Longitude
-111.953
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,124
-
-
$107,827
-
$645,800
$7,698
$653,498

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