2 ACRES IN SOUTH PHOENIX WITH SELLER CARRY€¦ · Price / AC: $152,173 Closed: 12/28/2016 4 5 15 W...

SVN | Desert Commercial Advisors | 5343 N. 16th Street, Suite 100, Phoenix, AZ 85016 OFFERING MEMORANDUM

2 ACRES INSOUTH PHOENIXWITH SELLERCARRYSE CORNER OF 19TH AVE & DOBBINSPHOENIX, AZ 85041

Vicente CantuaAssociate [email protected]

Carrick Sears, CCIM, MBASenior Investment [email protected]

OFFERING MEMORANDUMSVN | Desert Commercial Advisors | 5343 N. 16th Street, Suite 100, Phoenix, AZ 85016

PROPERTY INFORMATION 3Executive SummaryAdditional PhotosSite map

LOCATION INFORMATION 7Regional MapAerial Map

SALE COMPARABLES 10Sale CompsSale Comps SummarySale Comps Map

DEMOGRAPHICS 16Demographics ReportDemographics Map

ADVISOR BIOS 19

SE Corner Of 19th Ave & Dobbins | Phoenix, AZ 85041

SOUTH PHOENIX TWO ACRE CORNER LOT / SELLER CARRYFOR SALE | LAND

All SVN® Offices Independently Owned and OperatedThe information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.

1 PROPERTY INFORMATION11 PROPERTY

INFORMATIONSE Corner Of 19th Ave & Dobbins

Phoenix, AZ 85041

2 ACRES IN SOUTH PHOENIX WITH SELLER CARRY | SE CORNER OF 19TH AVE & DOBBINS PHOENIX, AZ 85041 SVN | Desert Commercial Advisors |

OFFERING SUMMAROFFERING SUMMARYY

Sale Price: $289,000

Lot Size: 2.15 Acres

Zoning: C-2

Price / SF: $3.09

Price / Acre $134,418.00

APN # 300-52-010

There are just over 2 acres of land currently zoned C-2 on the southeast corner of 19th Ave and Dobbins. Thiswould be a great site for a number of uses including retail, convenience stores, fast food or other commercialuses. The zoning will also allow of up to 15 units/acre for a multifamily development.

PROPERPROPERTTY OY OVERVERVIEWVIEW

The parcel is located on the southeast corner of Dobbins and 19th Ave. Directly to the south are gorgeous viewsof South Mountain and to the north are plenty of retail options for the tenants on Baseline Rd.

LLOCOCAATION OTION OVERVERVIEWVIEW

PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS

• Seller carry with half down at 6%

• Gorgeous views of South Mountain

• Development opportunity for a multifamily property

2 ACRES IN SOUTH PHOENIX WITH SELLER CARRY | SE CORNER OF 19TH AVE & DOBBINS, PHOENIX, AZ 85041 SVN | Desert Commercial Advisors |

Executive Summary


Additional Photos


Site Map




2 LOCATION INFORMATION22 LOCATION

INFORMATIONSE Corner Of 19th Ave & Dobbins

Phoenix, AZ 85041



Regional Map


Aerial Map




3 SALE COMPARABLES33 SALE

COMPARABLESSE Corner Of 19th Ave & Dobbins

Phoenix, AZ 85041


SUBJESUBJECT PROPERCT PROPERTTYY

SE Corner of 19th Ave & Dobbins | Phoenix, AZ 85041

$289,000Sale Price: 2.15 ACLot Size: $3.09Price PSF:

$134,669Price / AC:

11

4250 W B4250 W BAASELINE RDSELINE RD

Phoenix, AZ 85041


$262,237Price / AC: 04/12/2017Closed:

11

22

918 W MA918 W MAGNOLIA SGNOLIA STT

Phoenix, AZ 85007


$218,390Price / AC: 10/04/2016Closed:

22


Sale Comps

33

16TH S16TH ST & BT & BAASELINE RDSELINE RD

Phoenix, AZ 85042

$1,331,467Sale Price: 8.75 ACLot Size: $3.49Price PSF:

$152,167Price / AC: 08/12/2016Closed:

33

44

2028 E SOUTH MOUNT2028 E SOUTH MOUNTAIN AAIN AVEVE

Phoenix, AZ 85042


$152,173Price / AC: 12/28/2016Closed:

44

55

15 W PIEDMONT RD15 W PIEDMONT RD

Phoenix, AZ 85041


$96,188Price / AC: 01/03/2017Closed:

55


Sale Comps

66

12021202--1221224 E BRO4 E BROADADWWAAYY

Phoenix, AZ 85040


$88,669Price / AC: 04/25/2017Closed:

66


Sale Comps


11

22

33

44

55

66

SUBJESUBJECT PROPERCT PROPERTTYY PRICEPRICE LLOOT SIZET SIZE PRICE/SFPRICE/SF PRICE/APRICE/ACC

2 A2 Acrcres in South Phoenix withes in South Phoenix withSeller CaSeller CarrrryySE Corner of 19th Ave & DobbinsPhoenix, AZ 85041

$289,000 2.15 AC $3.09 $134,669

SSALE CALE COMPSOMPS PRICEPRICE LLOOT SIZET SIZE PRICE/SFPRICE/SF PRICE/APRICE/ACC

4250 W Baseline R4250 W Baseline RddPhoenix, AZ85041

$375,000 1.43 AC $6.02 $262,237

918 W M918 W Magnolia Sagnolia SttPhoenix, AZ85007

$190,000 0.87 AC $5.01 $218,390

16th S16th St & Baseline Rt & Baseline RddPhoenix, AZ85042

$1,331,467 8.75 AC $3.49 $152,167

2028 E South M2028 E South Mounountain Atain AvveePhoenix, AZ85042

$175,000 1.15 AC $3.49 $152,173

15 W Piedmon15 W Piedmont RDt RDPhoenix, AZ85041

$530,000 5.51 AC $2.21 $96,188

12021202--1221224 E Br4 E BroadwoadwaayyPhoenix, AZ85040

$180,000 2.03 AC $2.04 $88,669

PRICEPRICE LLOOT SIZET SIZE PRICE/SFPRICE/SF PRICE/APRICE/ACC

TTootals/Atals/Avvereragesages $463,578$463,578 3.29 A3.29 ACC $3.23$3.23 $140$140,,905905

Sale Comps Summary

SE Corner of 19th Ave & Dobbins | Phoenix, AZ 85041SUBJESUBJECT PROPERCT PROPERTTYY

11 Phoenix, AZ85041

4250 W B4250 W BAASELINE RDSELINE RD22 Phoenix, AZ

85007

918 W MA918 W MAGNOLIA SGNOLIA STT33 Phoenix, AZ

85042

16TH S16TH ST & BT & BAASELINE RDSELINE RD44 Phoenix, AZ

85042

2028 E SOUTH MOUNT2028 E SOUTH MOUNTAIN AAIN AVEVE

55 Phoenix, AZ85041

15 W PIEDMONT RD15 W PIEDMONT RD66 Phoenix, AZ

85040

12021202--1221224 E BRO4 E BROADADWWAAYY


Sale Comps Map




4 DEMOGRAPHICS44

DEMOGRAPHICSSE Corner Of 19th Ave & Dobbins

Phoenix, AZ 85041


1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

Total population 4,720 61,067 150,923

Median age 30.8 28.5 29.9

Median age (male) 28.6 27.5 29.3

Median age (female) 30.4 29.4 30.4

Total households 1,469 17,671 44,185

Total persons per HH 3.2 3.5 3.4

Average HH income $84,311 $60,127 $68,487

Average house value $193,362 $332,563

* Demographic data derived from 2010 US Census


Demographics Report

POPULAPOPULATIONTION 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

Total population 4,720 61,067 150,923

Median age 30.8 28.5 29.9

Median age (male) 28.6 27.5 29.3

Median age (Female) 30.4 29.4 30.4

HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

Total households 1,469 17,671 44,185

# of persons per HH 3.2 3.5 3.4

Average HH income $84,311 $60,127 $68,487

Average house value $193,362 $332,563

* Demographic data derived from 2010 US Census

Demographics Map





5 ADVISOR BIOS 55 ADVISOR BIOSSE Corner Of 19th Ave & Dobbins

Phoenix, AZ 85041


5343 N. 16th Street, Suite 100Phoenix, AZ 85016T 480.425.5503C [email protected]

PROFESSIONAL BPROFESSIONAL BAACKCKGROUNDGROUND

Vicente is a 3rd generation Real Estate practitioner. His Grandfather, Joe Ruterman, owned a residential firm in Arizonaand is the reason Vicente has been hooked on Real Estate from such a young age. Vicente's uncle, Mike Ruterman,practices Industrial Real Estate throughout Arizona and Mexico. Vicente has an extensive background in the hospitalityindustry and uses his hospitality skills to provide a high level of customer service to his clients.

Vicente went to high school in Tucson, Arizona where he excelled in sports and academics. He lettered in Volleyball,Track, Basketball and Golf, and performed hundreds of hours of community service while in Student Government all 4years of high school. He graduated at the top of his class with the highest GPA of over 300 graduating seniors, makinghim the Cholla High School Valedictorian.

Vicente attended The University of Arizona on a full academic scholarship and kept his scholarship all 4 years, majoringin Regional Development. He continued playing volleyball with the Men's Volleyball Team at the U of A and won theNIRSA National Volleyball Championship in 2005. Vicente was also one of the Founding Fathers of Sigma Pi.

Vicente now resides in Scottsdale with his wife Ashley and his German Shepard Maximus.

EDUCEDUCAATIONTION

University of Arizona. Major: Regional Development. Minor: BusinessCholla High School Valedictorian.

VICENTE CVICENTE CANTUANTUAA

Associate Advisor


5343 N. 16th Street, Suite 100Phoenix, AZ 85016T 480.425.5529C [email protected]

PROFESSIONAL BPROFESSIONAL BAACKCKGROUNDGROUND

Carrick Sears has been involved in the Phoenix real estate market since 2004. His extensive knowledge and experiencein both real estate and finance provides clients the opportunity to strategize in a comprehensive way, ensuring theymake the most educated and confident decisions in regards to their real estate purchases. Carrick grew up on a cattleranch in a small town in northern California. Upon graduating from Saint Mary’s College in the San Francisco Bay area,he launched his career in corporate finance. After working for Longs Drugs/CVS, DHL Worldwide Express,Hewlett-Packard, Gap and U-Haul in both corporate financial planning and real estate roles, he obtained his MBA fromThunderbird School of Global Management.

He chose to launch his post-MBA career with Keller Williams Commercial in 2009 followed by a couple of smaller localfirms. In 2013 he was recruited by SVN to join their multi-family team as Senior Investment Advisor. While Carrick helpsclients with various types of commercial sales and leases, he specializes in hospitality and multi-family assets.

In 2011, Carrick earned his CCIM designation (Certified Commercial Investment Member) further enhancing his skills withanalyzing investment properties and consulting, using the full capabilities of the CCIM tools and skill sets. Carrick isactive in local organizations such as ULI (Urban Land Institute), LAI (Lambda Alpha International), and CoreNet Global. Heserves on the board of directors for the National Teen Leadership Program and has been active in Kiwanis and RotaryInternational. Carrick’s personal and professional experience in both the multi-family and commercial worlds makes himan invaluable asset to our investor clients

EDUCEDUCAATIONTION

Thunderbird School of Global Management Phoenix, AZMBA in Global Management: Specialization: Real Estate Finance & Strategy May 2009• Beta Gamma Sigma Honor Society

Saint Mary’s College of California Moraga, CAB.S. Business Administration; Honors in Financial Services Management May 1999• Magna Cum Laude; Dean’s Honors List• Student of the Year 1999; received the Wall Street Journal Award• National Honor Society in Business, Management & Administration; National Economics Honor Society

MEMBERSHIPS & AFFILIAMEMBERSHIPS & AFFILIATIONSTIONS

CCIM, ULI, LAI, CoreNet Global

CCARRICK SEARS, CARRICK SEARS, CCIM, MBCIM, MBAA

Senior Investment Advisor


2 ACRES IN SOUTH PHOENIX WITH SELLER CARRY€¦ · Price / AC: $152,173 Closed: 12/28/2016 4 5 15 W...

Documents

Transcript of 2 ACRES IN SOUTH PHOENIX WITH SELLER CARRY€¦ · Price / AC: $152,173 Closed: 12/28/2016 4 5 15 W...