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    Phoenix Retail Property For Sale Title is generated by Realmo AI

    1612 E Southern Ave, Phoenix, AZ

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    Retail property with secure yard, high visibility, and signage.

    Type:RETAIL
    Property size:
    4,814 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $176/SF
    Added:
    May 28, 2025
    Days on Market:
    383
    Last Refresh:
    May 20 at 9:50 pm

    Property Features for 1612 E Southern Ave

    General Information

    Standard status
    Active
    Size
    4,814 SF
    Lot size
    0.34 Acres
    Property subtype
    RETAIL

    Properties For Sale

    at 1612 E Southern Ave Contact us

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    Listing Contact
    Michael Douglas
    Michael Douglas

    Listing agent Michael Douglas License #SA668345000

    Listing office ORION Investment Real Estate

    Listing date May 28, 2025

    Source Moodyscre

    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 ORION Investment Real Estate

    HighLights

    • Priced below replacement cost at $203 PSF.
    • Secure gated yard ideal for contractors or businesses needing outdoor storage.
    • Zoned C‑2, City of Phoenix.
    • High‑impact visibility and signage along Southern Avenue.
    • Minutes from I‑10, I‑17, and Sky Harbor Airport.
    • Suitable for service businesses.

    Overview

    The property, located in Phoenix, Arizona, is zoned C-2 by the City of Phoenix. It offers high-impact visibility and signage along the busy Southern Avenue corridor. The site is situated minutes from I-10, I-17, and Sky Harbor Airport. It features a secure gated yard, making it suitable for contractors, service businesses, or users requiring outdoor storage. The property contains 4,814 square feet.

    Local Financial Insights For Retail

    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 $86.7k $18.00
    − Vacancy −$8.9k −$1.85
    EGI $77.7k $16.15
    − OpEx −$23.3k −$4.84
    NOI $54.4k $11.30
    4,814 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $777.3K
    $680.1K – $906.8K (±1% cap)
    NOI $54,409 @ 7.0% cap · market cap 6.40%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.46M
    $1.28M – $1.70M (±1% cap)
    NOI $102,074 @ 7.0% cap · market cap 12.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    South Phoenix Integrity ... Housing Development

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.047
    Latitude
    33.3931

    FAQs

    What type of property is this?
    Retail property - Retail property with secure yard, high visibility, and signage.
    Where is this retail property located?
    The property is located at 1612 E Southern Ave Phoenix, 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: Priced below replacement cost at $203 PSF.; Secure gated yard ideal for contractors or businesses needing outdoor storage.; Zoned C‑2, City of Phoenix.
    (480) 772-8870 Call to check price and availability
    More about this property
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