Fountain Hills Flex/Industrial
For Sale
$850,000
16921 E PALISADES Boulevard, Fountain Hills, AZ 85268
Flex/Industrial property in Fountain Hills, Arizona, totaling 3,856 square feet.
Property Size3,856 SF
Lot Size0.09 Acres
Price / SF$220.44
Days on Market764
Property Features for 16921 E PALISADES Boulevard
General Information
Standard status
Active
Size
3,856 SF
Lot size
0.09 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1996
Listing Agency:
MCO Realty
(602) 430-1176
Listed By:
Dzintars Grauds · License #BR046636000
(602) 430-1176
Source:
Exitrealty
Added: Jul 2, 2024
Changed: Jul 10
Last Checked: Aug 4 at 8:36AM
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 MCO Realty
Investment Insights
Based on property information with market context.
This commercial real estate property, suitable for flex space or industrial use, is located in Fountain Hills, Arizona. The property offers a total size of 3,856 square feet.
Key Highlights
- Flex/Industrial property
- Located in Fountain Hills, Arizona
- Totaling 3,856 square feet
Financial Insights For Industrial
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 | $50.0k | $12.96 |
| − Vacancy | −$6.0k | −$1.57 |
| EGI | $43.9k | $11.39 |
| − OpEx | −$13.2k | −$3.42 |
| NOI | $30.7k | $7.97 |
3,856 SF · lease $12.96/SF/yr · vacancy 12.10% · expense 30.00%
Alternative Uses
Best Use
Industrial
$439.3K
$384.4K – $512.5K
NOI $30,749 @ 7.0% cap · market cap 3.62%
Second Best
Flex RnD
$426.8K
$373.4K – $497.9K
NOI $29,874 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,494 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85268, AZ
24,031
Population
13,429
Households
1.8
Avg Household Size
61
Median Age
50%
College-Educated
97%
High-School Grad
20.5 sq mi
ZIP Area
1,172
Density / Sq Mi
$105,288
Median Household Income
$55,054
Median Earnings
$1,781
Median Rent
$576,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Flex/Industrial property in Fountain Hills, Arizona, totaling 3,856 square feet.
Where is this flex space located?
The property is located at 16921 E PALISADES Boulevard Fountain Hills, AZ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Flex/Industrial property; Located in Fountain Hills, Arizona; Totaling 3,856 square feet
