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    431 S 31St Ave Phoenix, AZ 85009

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    For Sale
    $825,000

    Renovated industrial flex space with heavy industrial zoning.

    Property size:
    708 SF
    Lot size:
    0.25 Acres

    Property Features for 431 S 31St Ave

    General Information

    Size
    708 SF
    Lot size
    0.25 Acres

    Source: R.O.I. Properties Agent Aaron Gutierrez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Industrial Flex Space

    This property, zoned A-2 Heavy Industrial, offers a rare opportunity for small lots. Renovated in 2024/2025, the space features updated kitchen, bath, flooring, and roof. The property includes a fully fenced yard with a double gate and pedestrian entry. A 12,000 lb car lift and two shipping containers are included, if desired. It has all city utilities plus additional sewer/water access. The property is expected to pass Phase 1 with no further testing. The 708 square foot space is ideal for contractors, mechanics, or flex space users.
    Insight Report Location Intelligence

    Current Use by Public Records

    Taller Manuel El ... Auto Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.1257195
    Latitude
    33.4430197

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    FAQs

    What type of property is this?
    Flex space - Renovated industrial flex space with heavy industrial zoning.
    Where is this flex space located?
    The property is located at 431 S 31St Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: - A-2 heavy industrial zoning (rare for small lots); - Renovated in 2024/2025: including kitchen, bath, flooring, and roof; - Fully fenced yard with double gate plus pedestrian entry
    (602) 396-8004
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    431 S 31St Ave Phoenix, AZ 85009
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    Phoenix, AZ 85009
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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
    431 S 31St Ave Phoenix, AZ 85009
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