$2,200,000
PENDING

3602 N 16th St Phoenix, AZ 85016

Estimated payment $13,441/month

Total Views 791
-- Bed
-- Bath
12,619 Sq Ft
$174 Price per Sq Ft

Highlights

  • Display Windows
  • Cooling Available
  • Heat Pump System
  • Phoenix Coding Academy Rated A
  • Concrete Flooring

About This Home

Rare C-2 Multi-Tenant property along 16th Street Corridor. Block building constructed in 1956, new foam roof 2024, suites have separately meted water & electric. Twenty-four-hour access to accommodate all tenant uses Pole sign currently being used by Crime Scene. Back of property accessible to delivery trucks for receiving shipping at tenant's back doors. Back area partially fenced off for added security. Nine (9) foot interior ceiling clearance, private bathrooms in each suite. Fully air conditioned. 200 amps available to each suite, plus Cox cable available. 1031 Ok.

Listing Agent

George James

Cabrillas Realty Services License #BR009390000

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,940

Year Built

  • Built in 1956

Lot Details

  • 0.69 Acre Lot
  • Chain Link Fence
  • Property is zoned C-2

Home Design

  • Foam Roof
  • Block Exterior

Interior Spaces

  • 12,619 Sq Ft Home
  • Display Windows
  • Concrete Flooring

Parking

  • 28 Open Parking Spaces
  • 28 Parking Spaces

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Operating Expense $17,440
  • Gross Income $128,640
  • Net Operating Income $104,900

Listing and Financial Details

  • Tax Lot 119
  • Assessor Parcel Number 118-09-119

Property Details

Property Type

Other

Est. Annual Taxes

$13,940

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Cross Street: 16th St. & Osborn
  • Legal Info Range: 3E
  • Property Type: Comm/Industry Sale
  • Zoning: C-2
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1956
  • Tax Year: 2024
  • Directions: North on 16th Street to property.
  • Lot Size Acres: 0.69
  • Road Surface Type: Dedicated Street, Sidewalk(s)
  • Structure Type: Commercial, Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 12619.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: None
  • Construction Type: Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Free
  • Attached Garage: No
  • Open Parking Spaces: 28.0
  • Total Parking Spaces: 28.0
  • General Property Description:Uncvrd Parking Spcs: 28.0
  • General Property Description:Total Parking Spcs: 28.0

Utilities

  • Electric: 220 Volts, APS
  • Cooling: Heat Pump, Office A/C, Warehouse A/C
  • Heating: Heat Pump, Electric
  • Green Building Features: Display Window(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise, Individual Meter
  • Heating:Electric: Yes
  • Heating:Heat Pump2: Yes
  • Heating:Office Heated: Yes

Association/Amenities

  • Amenities:Display Window(s): Yes

Lot Info

  • Lot Size Sq Ft: 30056.0
  • Parcel #: 118-09-119
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 128640.0
  • Insurance Expense: 3500.0
  • Property Net Operating Income: 104900.0
  • Annual Operating Expense: 17440.0
  • Vacancy Allowance Rate: 0.2

Tax Info

  • Tax Annual Amount: 13940.0
  • Tax Book Number: 118.00
  • Tax Lot: 119
  • Tax Map Number: 9.00

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 $13,940 $107,715 -- --
2024 $13,874 $105,792 -- --
2023 $13,874 $181,050 $103,054 $77,996
2022 $14,203 $166,548 $94,763 $71,785
2021 $14,857 $169,218 $97,470 $71,748
2020 $14,481 $131,166 $60,156 $71,010
2019 $13,852 $111,960 $44,550 $67,410
2018 $13,394 $106,650 $41,238 $65,412
2017 $12,297 $95,760 $42,966 $52,794
2016 $11,863 $87,120 $40,158 $46,962
2015 $11,334 $76,461 $40,737 $35,724
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Pending -- -- --
01/22/2025 01/22/25 For Sale $2,200,000 +54900.0% $174 / Sq Ft
09/01/2015 09/01/15 Sold $4,000 0.0% $1 / Sq Ft
07/31/2015 07/31/15 Pending -- -- --
04/12/2015 04/12/15 For Sale $4,000 -- $1 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6808636

Arizona Regional Multiple Listing Service (ARMLS)

APN: 118-09-119