$1,260,000

Estimated payment $7,418/month

Total Views 1,798
-- Bed
-- Bath
4,867 Sq Ft
$259 Price per Sq Ft

About This Home

4,867 SF Industrial/flex space investment opportunity. This property is fully leased through August 2028, providing a NOI of $75,600. Property includes two 10'H x 12'W grade level doors, 11' Clear Height, a fully fenced lot, and convenient access to the I-10 Freeway. Zoned C-3 and located in an Opportunity Zone, this property offers significant potential for industrial investors.

Listing Agent

Grafton Milne

The Menlo Group Commercial Real Estate License #BR584594000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,624

Year Built

  • Built in 1965

Lot Details

  • 7,000 Sq Ft Lot
  • Property is zoned C-3

Home Design

  • 4,867 Sq Ft Home

Parking

  • 20 Open Parking Spaces
  • 20 Parking Spaces

Community Details

  • Collins Addition Phoenix Blocks 31 34 & 39 40 Subdivision
  • Operating Expense $4,624

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 115-05-058

Property Details

Property Type

Other

Est. Annual Taxes

$4,624

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: E Jefferson St & S 16th Pl
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Number Of Buildings: 1
  • Ownership: Other (See Remarks)
  • Year Built: 1965
  • Tax Year: 2023
  • Lot Size Acres: 0.16
  • Subdivision Name: COLLINS ADDITION PHOENIX BLOCKS 31-34 & 39-40
  • Structure Type: Commercial, Industrial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other
  • Living Area: 4867.0

Exterior Features

  • Fencing: Other
  • Disclosures: Other (See Remarks)
  • Construction Type: See Remarks
  • Roof: See Remarks
  • Construction:Other (See Remarks)23: Yes

Garage/Parking

  • Parking Features: Public Parking
  • Attached Garage: No
  • Open Parking Spaces: 20.0
  • Total Parking Spaces: 20.0
  • General Property Description:Uncvrd Parking Spcs: 20.0
  • General Property Description:Total Parking Spcs: 20.0
  • Parking:Public Parking: Yes

Utilities

  • Electric: Other (See Remarks)
  • Cooling: Other
  • Heating: Other
  • Water Source: Other
  • Main Cooling Other: Yes

Lot Info

  • Lot Size Sq Ft: 7000.0
  • Parcel #: 115-05-058
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Operating Expense: 4624.0

Tax Info

  • Tax Annual Amount: 4624.0
  • Tax Book Number: 115.00
  • Tax Lot: 8
  • Tax Map Number: 5.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,532 $32,864 -- --
2024 $4,624 $32,277 -- --
2023 $4,624 $47,294 $19,210 $28,084
2022 $4,591 $39,726 $14,683 $25,043
2021 $4,687 $37,116 $15,102 $22,014
2020 $4,741 $32,400 $13,698 $18,702
2019 $4,733 $29,196 $10,854 $18,342
2018 $4,652 $29,088 $9,198 $19,890
2017 $4,544 $28,026 $9,576 $18,450
2016 $4,414 $23,832 $8,712 $15,120
2015 $4,750 $27,010 $8,695 $18,315
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 For Sale $1,260,000 +20900.0% $259 / Sq Ft
06/01/2023 06/01/23 Sold $6,000 -16.7% $1 / Sq Ft
05/05/2023 05/05/23 For Sale $7,203 -99.3% $1 / Sq Ft
03/29/2021 03/29/21 Sold $1,000,000 -4.8% $205 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $1,050,000 -- $216 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $860,000 Old Republic Title Agency
Special Warranty Deed $310,000 Greystone Title
Warranty Deed $1,000,000 Equitable Title Agency
Special Warranty Deed $275,000 Stewart Title & Trust Of Pho
Joint Tenancy Deed -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $780,000 New Conventional
Previous Owner $210,000 New Conventional
Previous Owner $215,000 Seller Take Back
Previous Owner $60,000 Seller Take Back
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6749079

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-05-058