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21321 E OCOTILLO Road, 108, Queen Creek, AZ 85142
$407,000












Property Type:
Comm/Industry Sale
Square Footage:
2,080
Lot Size (sq. ft.):
2,080
Status:
Closed
Current Price:
$407,000
List Date:
3/02/2018
Last Modified:
7/28/2025
Description
Located in exclusive Queen Creek Professional Village, adjacent to major retail. Zoned C-2 (General Commercial), property has coveted Rittenhouse and Ocotillo Rd access and abundant front door parking. Built in 2007, this one-story wood frame and stucco office property is one of three condominiums in a single building, surrounded by other financial and insurance companies and medical & dental practices. The 2,080 SF, high-end finished interior space includes reception/lobby, 8 offices, large conference room, 2 private restrooms, kitchenette/break room, and file/storage room. Currently rented as executive office suites to longer-term tenants under month-to-month agreements. Buyer can operate as investment or occupy with 60 day notice to tenants.
Buyer to verify all listing information.
More Information MLS# 5639363
Contract Info
Current Price: $407,000
Sold Price: $407,000
Status: Closed
List Date: 2017-07-27
Ownership: Condominium
Location Tax Legal
Map Code/Grid: V43
House Number: 21321
Compass: E
Street Name: OCOTILLO
St Suffix: Road
City/Town Code: Queen Creek
State/Province: AZ
Zip Code: 85142
Zip4: 5993
County Code: Maricopa
Subdivision: QUEEN CREEK PROFESSIONAL VILLAGE CONDOMINIUM
Assessor Number: 314-03-921
Tax Year: 2016
General Property Description
Ttl Apx SqFt Bldg: 2080
# of Buildings: 1
Year Built: 2007
Uncvrd Parking Spcs: 11
Zoning: C-2
Remarks Misc
Cross Street: E. Rittenhouse Road and E. Ocotillo Road
Directions: US 60 or Loop 202 to Ellsworth; S on Ellsworth to Rittenhouse; E on Rittenhouse to Ocotillo; E on Ocotillo to property at 21321 E. Ocotillo, Suite 108.
Geo Lat: 33.247535
Geo Lon: -111.624036
Status Change Info
Off Market Date: 2018-04-23
Under Contract Date: 2018-01-18
Close of Escrow Date: 2018-04-20
Sold Price: $407,000
Legal Info
Township: 2S
Range: 7E
Section: 22
Lot Number: 112
Income Expenses
Gross Annual Sch Inc: 49200
Net Operating Income: 31368
Sold Info
Loan Type: Conventional
Loan Years: 20
Payment Type: Fixed
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Office
Business Type: Professional/Office
Stories: 1 Story
Construction: Stucco; Wood Frame
Roofing: Tile
Floors: Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet
Heating: Heat Pump
Cooling: Office A/C
Loading Facilities: None
Interior: Finished; Fire Sprinklers; Smoke Detector(s); Private Restrooms
Exterior: Sprinkler Sys-Ground; Landscaping; Building Sign; Monument Sign; Security Light(s)
Fencing: None
Amenities: Conference Room; Reception Room; Kitchen; Computer Room
Parking Features: Free; Parking Lot
Electric: SRP; 220 Volts
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only
Special: Accepting Back-Ups
Source of Fincl Data: Owner
Existing 1st Loan: Treat as Free&Clear
Existing 1st Ln Type: Not Applicable
Existing 1st Ln Trms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Ln Type: Not Applicable
Existing 2nd Ln Trms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Ln Type: Not Applicable
Existing 3rd Ln Trms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Traffic Count: 15,001 to 25,000
Use Restrictions: CC&R's; Currently Leased
Environmental: None
Documents
Listing Office: Coldwell Banker Realty
Last Updated: July - 28 - 2025

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