Industrial Building with Fenced
For Sale
$1,000,000
1413 N VIP Blvd, Casa Grande, AZ 85122
Industrial building for sale with detached office and fenced yard.
Property Size7,800 SF
Price / SF$128.21
Days on Market253
Property Features for 1413 N VIP Blvd
General Information
Standard status
Active
Size
7,800 SF
Property subtype
Industrial
Building Details
Building Size
7,800 SF
Year Built
1979
Listing Agency:
Commercial Properties Inc
Listed By:
Sarge Glenn · License #SA522625000
(480) 390-3515
Source:
Cpiaz
Added: Jan 26
Changed: Oct 5
Last Checked: Oct 5 at 4:29PM
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 Commercial Properties Inc
Investment Insights
Based on property information with market context.
An industrial building is available for sale in Casa Grande, Arizona. The property includes a detached office trailer and a fully fenced yard. The building's size is 7,800 square feet.
Key Highlights
- Industrial building for sale
- Located in Casa Grande, AZ
- Fully fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,881
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,620
$757.6K
Cap Rate 7%
$541,157
$541.2K
Cap Rate 9%
$420,900
$420.9K
Market Conditions
NOI Build-Up for 7,800 SF
Gross rent
$61.8K $7.92/SF
− Vacancy
−$7.7K −$0.98/SF
EGI
$54.1K $6.94/SF
− OpEx
−$16.2K −$2.08/SF
NOI
$37.9K $4.86/SF
Area
Pinal County, AZ
Vacancy
12.40%
Lease Rate
$7.92 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$757,620
Cap Rate 7%
$541,157
Cap Rate 9%
$420,900
Alternative Uses
Best Use
Industrial
$541.2K
$473.5K – $631.4K
NOI $37,881 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.52M
NOI $150,948 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
Demographics for 85122, AZ
55,063
Population
24,238
Households
2.3
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
56.4 sq mi
ZIP Area
976
Density / Sq Mi
$64,243
Median Household Income
$38,679
Median Earnings
$1,289
Median Rent
$242,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial building for sale with detached office and fenced yard.
Where is this industrial property located?
The property is located at 1413 N VIP Blvd Casa Grande, AZ.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Industrial building for sale; Located in Casa Grande, AZ; Fully fenced yard
