Industrial Shop Building with
For Sale
Contact for pricing
1210 West Watkins Street, Phoenix, AZ 85007
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 Market150
Property Features for 1210 West Watkins Street
General Information
Standard status
Active
Size
10,810 SF
Property subtype
Industrial
Zoning
A-2
Investment Type
Owner/User
Site & Location
Neighborhood
Central City
Highway Access
Yes
Fenced Yard
Yes
Warehouse & Industrial
Clear Height
17 ft
Drive-In Doors
3
Building Details
Year Built
1952
Buildings
2
Stories
1
Units
2
Listing Agency:
Rein & Grossoehme Commercial Real Estate
Listed By:
Max Schumacher, SIOR · License #SA678600000
Source:
Crexi
Added: Jun 2
Changed: Oct 25
Last Checked: Oct 28 at 7:21AM
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
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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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$82,570
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,651,400
$1.7M
Cap Rate 7%
$1,179,571
$1.2M
Cap Rate 9%
$917,444
$917.4K
Market Conditions
NOI Build-Up for 10,810 SF
Gross rent
$110.3K $10.20/SF
− Vacancy
−$13.1K −$1.21/SF
EGI
$97.1K $8.99/SF
− OpEx
−$14.6K −$1.35/SF
NOI
$82.6K $7.64/SF
Area
Phoenix, AZ
Vacancy
11.90%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,651,400
Cap Rate 7%
$1,179,571
Cap Rate 9%
$917,444
Alternative Uses
Best Use
Warehouse
$1.18M
$1.03M – $1.38M
NOI $82,570 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.27M
$2.87M – $3.82M
NOI $229,211 @ 7.0% cap · market cap 9.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
17 ft
Clear height
3
Drive-in doors
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
513
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85007, AZ
14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Phoenix, AZ
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Frequently Asked Questions
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
