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    6427 Central Ave Phoenix, AZ 85042

    For Sale
    $1,400,000

    Phoenix Investment Opportunity: High-Visibility Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 6427 S Central Avenue Unit 100, Phoenix, AZ, presents a compelling investment opportunity. The 0.35-acre lot (APN# 11407001A) boasts a 3,560 square foot building featuring three separate suites, each with its own entrance and exit. Ample parking is provided with 24 stalls, supplemented by convenient street-side parking. Large commercial windows maximize natural light and visibility from the excellent Central Avenue frontage. The building is equipped with three individual air conditioning units. The property benefits from C-2 zoning and convenient north-south alley access. Landscaping includes a bioswale maintained by the City of Phoenix. Currently occupied by tenants until February 1, 2026, this property offers immediate income potential. Situated along the planned South Central Light Rail Extension (slated for May 2025 operation), this location is poised for significant future growth. The Transit-Oriented Development (TOD) framework allows for a potential T5-5 rezoning, unlocking further redevelopment possibilities. This property is ideally suited for a variety of uses, including restaurants, coffee shops, bakeries, or private offices, capitalizing on its high visibility and prime location. The asking price is $1,400,000.

    Property Features for 6427 Central Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1957
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Annette Mayorga American ... Insurance Agency Victor D. Vidales ... Real Estate Agency RE/MAX Desert Showcase Real Estate Agency American Family Insurance Insurance Agency Eric J Swiatek ... Real Estate Agent

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0729
    Latitude
    33.38734

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    FAQs

    What type of property is this?
    Commercial real estate - Phoenix Investment Opportunity: High-Visibility Location
    Where is this commercial real estate located?
    The property is located at 6427 Central Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (602) 296-0100
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    6427 Central Ave Phoenix, AZ 85042
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6427 Central Ave Phoenix, AZ 85042
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