Functional Music Recording
4727 N 12th St Phoenix, AZ
For Sale
Contact for pricing
Remodeled recording studio near Camelback with existing improvements.
Property Size3,726 SF
Lot Size0.18 Acres
Price / SF$250
Days on Market554
Property Features for 4727 N 12th St
General Information
- Standard status
- Active
- Size
- 3,726 SF
- Lot size
- 0.18 Acres
- Property subtype
- OFFICE
Listing Agency:
Lee & Associates | Phoenix
(602) 694-5500
Listed By:
Craig Coppola
(602) 694-5500
Source:
Moodyscre
Added: Jan 15, 2025
Changed: Jul 6
Last Checked: Jul 21 at 4:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | Phoenix
Investment Insights
Based on property information with market context.
This property features a fully functional music recording studio. The building was fully remodeled in 2015 and includes existing improvements. It is located very near Camelback and close to many retail conveniences, as well as the Piestewa Peak Freeway. The property offers 3,726 square feet of space.
Key Highlights
- Fully functional music recording studio included.
- Building fully remodeled in 2015.
- Location very near Camelback.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $114.5k | $30.72 |
| − Vacancy | −$29.4k | −$7.90 |
| EGI | $85.0k | $22.82 |
| − OpEx | −$21.3k | −$5.71 |
| NOI | $63.8k | $17.12 |
3,726 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$911.2K
$797.3K – $1.06M
NOI $63,784 @ 7.0% cap · market cap 6.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.13M
$987.6K – $1.32M
NOI $79,005 @ 7.0% cap · market cap 8.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sound Museum
Recording Studio
Tau Publishing
Publishing House
Vesuvius Press Incorporated
Publishing House
My Wellness Registry
Gym & Fitness Center
FAQs
What type of property is this?
Office units - Remodeled recording studio near Camelback with existing improvements.
Where is this office units located?
The property is located at 4727 N 12th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $931,500.
What are key features of this property?
This property features: Fully functional music recording studio included.; Building fully remodeled in 2015.; Location very near Camelback.
