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Phoenix Warehouse Unit For Sale
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1635 W Palmer Dr, Phoenix, AZ

Warehouse unit for sale featuring oversized doors and controlled access.

Property Size1,044 SF
Lot Size0.78 Acres
Price / SF$309.39
Days on Market380

Property Features for 1635 W Palmer Dr

General Information

Standard status Active
Size 1,044 SF
Lot size 0.78 Acres
Property subtype INDUSTRIAL
Listing Agency: Kidder Mathews | Phoenix
Listed By: Eric Bell · License #SA528580000
Source: Moodyscre
Added: Sep 29, 2025 Changed: Oct 12 Last Checked: Oct 12 at 9:59PM

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 warehouse unit in Phoenix features 40-foot deep units and 16-foot clear height. It includes oversized garage doors with powered remote entry, sized at 18' X 14' and 14' X 14'. The units are separately metered with a 125 amp panel. A 55-foot drive aisle facilitates maneuvering. The private facility offers 24/7 controlled access and protective covenants. RV sewer and water hook-ups are available. The property features masonry construction with insulated ceilings and is pre-plumbed for restrooms. It is also AC ready and offers WiFi throughout. The unit size is 1,044 square feet.

Key Highlights

  • 24/7 controlled access and protective covenants for a private and secure facility.
  • Oversized garage doors (18' X 14' and 14' X 14') with powered remote entry.
  • 40’ deep units with 16’ clear height.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,488
Cap Rate
3.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,760 $209.8K
Cap Rate 7%
$149,829 $149.8K
Cap Rate 9%
$116,533 $116.5K
Market Conditions
NOI Build-Up for 1,044 SF
Gross rent
$16.3K $15.60/SF
− Vacancy
−$1.3K −$1.25/SF
EGI
$15.0K $14.35/SF
− OpEx
−$4.5K −$4.31/SF
NOI
$10.5K $10.05/SF
Area
Phoenix, AZ
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,760
Cap Rate 7%
$149,829
Cap Rate 9%
$116,533

Alternative Uses

Best Use
Self Storage
$149.8K
$131.1K – $174.8K (±1% cap)
NOI $10,488 @ 7.0% cap · market cap 3.25%
Second Best
Warehouse
$113.9K
$99.7K – $132.9K (±1% cap)
NOI $7,974 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$316.2K
$276.7K – $369.0K (±1% cap)
NOI $22,137 @ 7.0% cap · market cap 6.85%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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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
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse unit for sale featuring oversized doors and controlled access.
Where is this warehouse located?
The property is located at 1635 W Palmer Dr Phoenix, AZ.
What is the asking price?
The asking price for this property is $323,000.
What are key features of this property?
This property features: 24/7 controlled access and protective covenants for a private and secure facility.; Oversized garage doors (18' X 14' and 14' X 14') with powered remote entry.; 40’ deep units with 16’ clear height.
(602) 513-5151 Call to check price and availability
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