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Industrial Shop Building with Office

1210 West Watkins Street Phoenix, AZ 85007

1210 West Watkins Street, Phoenix, AZ, 85007
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For Sale
Contact for pricing

Warehouse shop building with three grade-level doors, 17' clear height, and a detached office for efficient operations.

Property Size10,810 SF
Price / SF$231.27
Days on Market52

Property Features for 1210 West Watkins Street

General Information

Standard status
Active
Size
10,810 SF
Property subtype
Industrial

Building Details

Year Built
1952
Listing agency Rein & Grossoehme Commercial Real Estate
Listed by Max Schumacher, SIOR · License #SA678600000
Source Crexi
Added: Jun 2 Updated: Jul 10 at 4:00PM Checked: Jul 22 at 10:04AM

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 Rein & Grossoehme Commercial Real Estate


Investment Insights

Based on property information with market context.

This sale offering includes an 8,235 SF shop building with three (3) grade level doors: two (2) doors measuring 12' x 10' and one (1) door measuring 10' x 10'. The shop area provides 17' clear height and pairs with a 2,575 SF detached office building. The office space features six (6) private offices and a conference area/break room. Improvements are noted as completed May 2026, along with a fully secured yard area.

The property is located at 1210 West Watkins Street, Phoenix, AZ 85007, within less than 1 mile to I-17. The site setup is oriented toward in-and-out operations, supported by multiple grade level doors and on-site secured outdoor space.

For tenants or owner-operators needing both service space and dedicated office support, the layout supports day-to-day workflow from shop to private offices and meeting space. The combination of higher clear height, multiple loading doors, and a secured yard can be practical for light industrial, distribution-adjacent, or service-focused uses that require controlled access and functional office accommodations.

Key Highlights

  • 8,235 SF shop building built in 1952 with three grade‑level doors
  • Clear height up to 17' in the shop area
  • Two 12' x 10' and one 10' x 10' grade‑level doors

Local 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 $332.1k $30.72
− Vacancy −$85.3k −$7.90
EGI $246.7k $22.82
− OpEx −$61.7k −$5.71
NOI $185.1k $17.12
10,810 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$2.64M
$2.31M – $3.08M (±1% cap)
NOI $185,053 @ 7.0% cap · market cap 7.40%
Second Best
Warehouse
$1.18M
$1.03M – $1.38M (±1% cap)
NOI $82,570 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$3.27M
$2.87M – $3.82M (±1% cap)
NOI $229,211 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Dental Office Real Estate Agency Law Firm Spa & Massage Center Hair Salon Pharmacy Electrical Service Nail Salon Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

Similar Off Market Nearby

  • StorageContainer.com — 2527 s 16th ave, phoenix, az 85007
  • Charter Self Storage Facility — 3020 S 15th Ave, Phoenix, AZ 85041
  • AZ Containers — 1835 S 19th Ave, Phoenix, AZ 85009
  • United Rentals - Storage Containers and Mobile Offices — 2700 S 20th Ave, Phoenix, AZ 85009

FAQs

What type of property is this?
Warehouse - Warehouse shop building with three grade-level doors, 17' clear height, and a detached office for efficient operations.
Where is this warehouse located?
The property is located at 1210 West Watkins Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 8,235 SF shop building built in 1952 with three grade‑level doors; Clear height up to 17' in the shop area; Two 12' x 10' and one 10' x 10' grade‑level doors
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