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Self-Storage Facility with RV Hookups
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1635 W Palmer Dr, Phoenix, AZ 85021

RV sewer and water hook-ups support 40' deep units with oversized powered garage doors and 24/7 controlled access.

Property Size1,134 SF
Price / SF$309.52
Days on Market305

Property Features for 1635 W Palmer Dr

General Information

Standard status Active
Size 1,134 SF
Property subtype INDUSTRIAL
Listing Agency: Kidder Mathews | Phoenix
Listed By: Eric Bell · License #SA528580000
Source: Moodyscre
Added: Sep 29, 2025 Changed: Jul 26 Last Checked: Jul 29 at 2:48PM

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 Kidder Mathews | Phoenix

Investment Insights

Based on property information with market context.

This private storage and flex-style facility offers 40' deep units configured with 18' x 14' and 14' x 14' oversized garage doors, each with powered remote entry. Interior clear height is 16' with masonry construction, insulated ceilings, and units separately metered with a 125 amp panel. The property is pre-plumbed for restrooms and is AC-ready, with WiFi throughout.

A 55' drive aisle supports easy maneuvering, and the site features 24/7 controlled access with protective covenants. RV sewer and water hook-ups are available, complementing the garage-door unit design for storage and flexible operational use.

Key Highlights

  • 40' deep units with 16' clear height
  • Oversized 18' x 14' and 14' x 14' powered remote garage doors
  • Separately metered units with 125 amp panel

Financial Insights For Flex RnD

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 $21.8k $19.20
− Vacancy −$2.6k −$2.30
EGI $19.2k $16.90
− OpEx −$6.7k −$5.91
NOI $12.5k $10.98
1,134 SF · lease $19.20/SF/yr · vacancy 12.00% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$177.9K
$155.7K – $207.6K (±1% cap)
NOI $12,454 @ 7.0% cap · market cap 3.55%
Second Best
Self Storage
$162.8K
$142.4K – $189.9K (±1% cap)
NOI $11,393 @ 7.0% cap · market cap 3.25%
Theoretical Best
Office A
$343.5K
$300.6K – $400.8K (±1% cap)
NOI $24,045 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Nail Salon Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

879
Businesses Nearby

Demographics for 85021, AZ

40,943
Population
18,136
Households
2.3
Avg Household Size
35
Median Age
33%
College-Educated
87%
High-School Grad
6.9 sq mi
ZIP Area
5,934
Density / Sq Mi
$58,481
Median Household Income
$38,147
Median Earnings
$1,221
Median Rent
$433,000
Median Home Value

Market

Vacancy Rate% for Industrial in Phoenix, AZ

6.8% 2019
8.1% 2020
5% 2021
4.4% 2022
8.9% 2023
12.2% 2024
12.7% 2025
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Frequently Asked Questions

What type of property is this?
Self storage facility - RV sewer and water hook-ups support 40' deep units with oversized powered garage doors and 24/7 controlled access.
Where is this self storage facility located?
The property is located at 1635 W Palmer Dr Phoenix, AZ.
What is the asking price?
The asking price for this property is $351,000.
What are key features of this property?
This property features: 40' deep units with 16' clear height; Oversized 18' x 14' and 14' x 14' powered remote garage doors; Separately metered units with 125 amp panel
(602) 513-5151 Call to check price and availability
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