4149 S Pacific Highway, Phoenix, OR 97535

$2,197,000
Property Type: Land Lot Size (sq. ft.): 152,024 Status: Closed
Current Price: $2,197,000 List Date: 1/18/2021 Last Modified: 11/04/2024

Overview

Description

The former Pacific Plaza, which was destroyed by the Almeda Fire of 2020. The main building structure destroyed was over 40,000 Square Feet. The site improvements are in place i.e., water, sewer, natural gas, electrical, storm drain system, cable/phone, fire sprinkler system water line, site lighting, asphalted parking area & concrete slap/foundation. A local Engineering Firm has indicated the concrete slab/foundation may be usable for a to be built structure. There may be an opportunity with City approval to capture savings based on Building Fees & System Development Fees already paid. Buyer to do their own due diligence in- regard to capturing Fees paid. There is a Center Pole sign on the S. Pacific Highway side of the property, which could be adapted to a new Center. Access to the property is a right in/out from Fern Valley Road and left in/out & right in/out from S. Pacific Highway. There are 2 concrete masonry buildings with metal mansard, currently occupied by 3 tenants.

Listing Details MLS# 220115133

General Property Information

Property Sub Type
Commercial
Elementary School
Orchard Hill Elem
Middle Or Junior School
Talent Middle
High School
Phoenix High
Zoning
CH
Tax Annual Amount
40961.33
Tax Year
2020
Irrigation Water Rights YN
No
CC&R's YN
No
Association YN
No
Senior Community YN
No
FIRPTA YN
No
Sign On Property YN
Yes
Garage YN
No

Property Features

Current Use: Vacant Sewer: Public Sewer Utilities: Electricity Available; Electricity Connected Utilities Location: On Property Water Source: Public Listing Terms: Cash Special Listing Conditions: Standard

Location Tax and Legal

Street Number
4149
Street Dir Prefix
S
Street Name
Pacific
Street Suffix
Highway
County
Jackson
State
OR
Postal Code
97535
Subdivision Name
N/A

Contract Information

Original List Price
2495000
List Price per Acre
680515.76
Listing Contract Date
2021-01-18

Remarks and Miscellaneous

Public Remarks
The former Pacific Plaza, which was destroyed by the Almeda Fire of 2020. The main building structure destroyed was over 40,000 Square Feet. The site improvements are in place i.e., water, sewer, natural gas, electrical, storm drain system, cable/phone, fire sprinkler system water line, site lighting, asphalted parking area & concrete slap/foundation. A local Engineering Firm has indicated the concrete slab/foundation may be usable for a to be built structure. There may be an opportunity with City approval to capture savings based on Building Fees & System Development Fees already paid. Buyer to do their own due diligence in- regard to capturing Fees paid. There is a Center Pole sign on the S. Pacific Highway side of the property, which could be adapted to a new Center. Access to the property is a right in/out from Fern Valley Road and left in/out & right in/out from S. Pacific Highway. There are 2 concrete masonry buildings with metal mansard, currently occupied by 3 tenants.
Directions
The property is located at the corner of Fern Valley Road and S. Pacific Highway

Status Change Information

Close Date
2022-04-15
Under Contract Date
2021-04-07
Status Change Timestamp
2022-04-18
Close Price
2197000
Sold Price per Acre
629512.89

More Information

Listing Office: John L. Scott Medford
Last Updated: November - 04 - 2024
Information deemed reliable but not guaranteed.