Freestanding Flex Property With Fenced
For Sale
$3,200,000
14916 W Yorkshire Dr, Surprise, AZ 85374
Multi-tenant flex property with drive-in access, a secured yard, and an additional residence suitable for office use.
Property Size13,706 SF
Lot Size1.89 Acres
Price / SF$206.93
Days on Market74
Property Features for 14916 W Yorkshire Dr
General Information
Standard status
Active
Size
13,706 SF
Lot size
1.89 Acres
Property subtype
Commercial
Occupancy
100%
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
5
Additional Details
Fenced Yard
Yes
Building Details
Year Built
1975
Building Size
13,706 SF
Tenancy
Multi
Listing Agency:
Barrett Real Estate
Listed By:
Timothy S Phillips · License #SA536881000
(623) 522-8696
Source:
Phoenixhomehunter
Added: Aug 5
Changed: Oct 1
Last Checked: Oct 16 at 9:10AM
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 Barrett Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding flex property combines 13,706 SF of manufacturing and warehouse space with a separate 1,758 SF single-family residence. The additional structure can support office, on-site management, or security functions. The industrial building is arranged for multiple occupants and includes five 12-foot-wide by 12-foot-high drive-in doors, 14-foot clear height, and a fully fenced yard with 24-hour access.
Located at 14916 W Yorkshire Dr in Surprise, Arizona, the property occupies 1.89 acres in the Surprise submarket of Phoenix. Light Industrial zoning supports the stated industrial character of the site, which is currently 100% occupied. The property was built in 1975 and offers a combined property size of 15,464 SF.
Located at 14916 W Yorkshire Dr in Surprise, Arizona, the property occupies 1.89 acres in the Surprise submarket of Phoenix. Light Industrial zoning supports the stated industrial character of the site, which is currently 100% occupied. The property was built in 1975 and offers a combined property size of 15,464 SF.
Key Highlights
- 13,706 SF manufacturing and warehouse building plus 1,758 SF single‑family residence
- Five 12'w x 12'h drive‑in doors and 14' clear height
- 1.89‑acre site with a fully fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$151,980
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,039,600
$3.0M
Cap Rate 7%
$2,171,143
$2.2M
Cap Rate 9%
$1,688,667
$1.7M
Market Conditions
NOI Build-Up for 15,464 SF
Gross rent
$259.8K $16.80/SF
− Vacancy
−$26.0K −$1.68/SF
EGI
$233.8K $15.12/SF
− OpEx
−$81.8K −$5.29/SF
NOI
$152.0K $9.83/SF
Area
Surprise, AZ
Vacancy
10.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,039,600
Cap Rate 7%
$2,171,143
Cap Rate 9%
$1,688,667
Alternative Uses
Best Use
Flex RnD
$2.17M
$1.90M – $2.53M
NOI $151,980 @ 7.0% cap · market cap 4.75%
Second Best
Industrial
$1.74M
$1.52M – $2.03M
NOI $121,719 @ 7.0% cap · market cap 3.80%
Theoretical Best
Office A
$4.77M
$4.17M – $5.56M
NOI $333,822 @ 7.0% cap · market cap 10.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
14 ft
Clear height
5
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,000
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85374, AZ
41,182
Population
21,982
Households
1.9
Avg Household Size
61
Median Age
30%
College-Educated
95%
High-School Grad
12.8 sq mi
ZIP Area
3,217
Density / Sq Mi
$78,690
Median Household Income
$45,427
Median Earnings
$1,897
Median Rent
$355,800
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
Frequently Asked Questions
What type of property is this?
Flex space - Multi-tenant flex property with drive-in access, a secured yard, and an additional residence suitable for office use.
Where is this flex space located?
The property is located at 14916 W Yorkshire Dr Surprise, AZ.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: 13,706 SF manufacturing and warehouse building plus 1,758 SF single‑family residence; Five 12'w x 12'h drive‑in doors and 14' clear height; 1.89‑acre site with a fully fenced yard
