Building Details

Building Size 8,100 SF

Listing Agency: Lee & Associates | Phoenix m***@leearizona.com Show Phone

Listed By: Matthew Fredrick, SIOR

Source: Lee-associates

Added: Sep 10, 2025 Changed: Aug 8 Last Checked: Aug 12 at 4:23AM

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Investment Insights

Based on property information with market context.

The property is an 8,100 square-foot retail building located in the Melrose District. It features a fenced yard and frontage on 7th Avenue with a large monument sign. The property is zoned C-2, City of Phoenix. It offers good proximity to SR-51 and I-17 Freeways.

Key Highlights

• Located in the desirable Melrose District.
• Large ±8,100 SF building size.
• C‑2 zoning in the City of Phoenix.

Property Analytics

Property Profile

Current Use

Individual retail properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Auto Parts Store Butcher HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,541

Businesses Nearby

Explore this area Business Placement

Demographics for 85013, AZ

21,970

Population

11,618

Households

1.9

Avg Household Size

38

Median Age

47%

College-Educated

90%

High-School Grad

3.7 sq mi

ZIP Area

5,938

Density / Sq Mi

$68,895

Median Household Income

$53,067

Median Earnings

$1,435

Median Rent

$476,200

Median Home Value

Market

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019

8.7% 2020

7.4% 2021

5.6% 2022

5.1% 2023

5.4% 2024

5.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail property - 8,100 SF retail building with fenced yard and monument sign.

Where is this retail property located?

The property is located at 4238 N 7th Ave Phoenix, AZ.

What is the asking price?

The asking price for this property is $1,995,000.

What are key features of this property?

This property features: Located in the desirable Melrose District.; Large ±8,100 SF building size.; C‑2 zoning in the City of Phoenix.