Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    W Minnezona Ave -, Unit 1 Goodyear, AZ 85395

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $0.78 SF/Yr

    Under-construction industrial building with cross-dock configuration and modern amenities.

    Property size:
    391,639 SF
    Lot size:
    391,639 SF

    Property Features for W Minnezona Ave -

    General Information

    Size
    391,639 SF

    Building Details

    Year built
    2024

    We can help!

    Listing Contact
    Allen Lowe, Sior
    Source: Lee-associates

    Listing Agent: Allen Lowe, Sior

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

    Learn more

    Overview

    New Industrial Building Under Construction

    Building 1 of the Majestic 303 Park is currently under construction. The layout will feature a cross-dock configuration with planned spec office space. The building will have a 40' clear height, 78 dock doors (9' x 10'), and 4 grade-level doors (14' x 16'). The building depth is 470', and there are 91 trailer stalls. The concrete slab floor will be 7'' thick. Two 3000A electrical services will be available. The site will include a Hybrid Panelized Roof System and Single Ply White 60 Mil TPO Roofing. R-38 Under Deck Roof Insulation will be installed, as well as Fenced/Secured Concrete Truck Courts. The property size is 391639 square feet.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Map

    City
    Goodyear
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.354
    Latitude
    33.4811

    Nearby Similar for Lease

    • Contact for pricing
      1,018,457 SF

      Goodyear Retail Opportunity

      Prime retail space in a high-traffic Goodyear location.
      Swc Mcdowell Rd & Sarival Ave, Goodyear, AZ 85395
      View Details
    • Contact for pricing
      4,200 SF

      Goodyear Retail and Hospitality Project

      27.43-acre project with retail, hospitality, and multifamily development communities.
      875 S Estrella Pkwy, Goodyear, AZ 85338
      View Details
    • Contact for pricing
      800,000 SF

      Prime Retail Location in Goodyear

      High-visibility retail space in a rapidly growing community.
      Sec Mcdowell Rd & Bullard Ave, Goodyear, AZ 85395
      View Details
    • Contact for pricing

      Goodyear Retail Space Available

      Retail spaces, drive-thru pads, and pads available for lease.
      Nec Indian School Rd & Perryville Rd, Goodyear, AZ 85395
      View Details
    • $35 SF/Yr
      6,000 SF

      Goodyear Ballpark Retail Development Opportunity

      New retail spaces near Goodyear Ballpark, estimated delivery Q1 2026.
      Nec Estrella Pkwy & Bullard Ave, Goodyear, AZ 85338
      View Details
    • Contact for pricing
      251,216 SF

      Goodyear Industrial Property for Lease

      Industrial property in Goodyear with immediate freeway access and nearby amenities.
      150 N Litchfield Rd, Goodyear, AZ 85338
      View Details
    • $0.75 SF/Yr
      460,304 SF

      Proposed Cross-Dock Distribution Center

      Proposed distribution center featuring cross-dock configuration and planned spec office.
      W Minnezona Ave -, Goodyear, AZ 85338
      View Details
    • $11 SF/Yr
      5,921 SF

      Goodyear Office Space Available

      Flexible workspace solutions in Goodyear, AZ.
      15150 Park Pl, Goodyear, AZ 85395
      View Details
    • Contact for pricing
      767,983 SF

      Goodyear Warehouse and Distribution Space

      767983 SF warehouse/distribution space with flexible leasing options.
      14980 W Broadway Rd, Goodyear, AZ 85338
      View Details
    • Contact for pricing
      317,615 SF

      Goodyear Retail Center - For Lease

      Prime Goodyear retail space, multiple units available.
      15277-15433 Mcdowell Rd, Goodyear, AZ 85395
      View Details
    • Contact for pricing
      248,977 SF

      Goodyear Warehouse and Distribution Space

      248977 SF warehouse/distribution space in Goodyear, Arizona.
      15150 W Broadway Rd, Goodyear, AZ 85338
      View Details
    • Contact for pricing
      391,639 SF

      Goodyear Distribution Center with Cross-Dock

      391,639 SF distribution center featuring cross-dock configuration.
      17350 W Minnezona Ave, Goodyear, AZ 85395
      View Details

    FAQs

    What type of property is this?
    Warehouse - Under-construction industrial building with cross-dock configuration and modern amenities.
    Where is this warehouse located?
    The property is located at W Minnezona Ave -, Unit 1 Goodyear, AZ.
    What is the lease rate?
    The lease rate is $0.78 SF/Yr.
    What are key features of this property?
    This property features: - Cross-dock configuration for efficient logistics.; - Benefit from a high ceiling clearance of 40' for optimal storage and operations.; - Abundant dock doors (78) and grade-level doors (4) for easy access.
    (602) 339-1411
    Request Owner's contact information
    W Minnezona Ave -, Unit 1 Goodyear, AZ 85395
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    W Minnezona Ave -, Unit 1
    Goodyear, AZ 85395
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    W Minnezona Ave -, Unit 1 Goodyear, AZ 85395
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Allen Lowe, Sior
    (602) 339-1411
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.