Industrial Flex Space with
New
For Sale
Contact for pricing
16443 N 91ST Street N 101, Scottsdale, AZ 85260
I-1 zoning, assigned parking, and separate office and warehouse areas support a range of light-industrial configurations.
Property Size12,895 SF
Price / SF$0.26
Days on Market1
Property Features for 16443 N 91ST Street N 101
General Information
Standard status
Active
Size
12,895 SF
Total Parking Spaces
5
Property subtype
Comm/industry Lease
Zoning
I-1
Warehouse & Industrial
Warehouse Space
575 SF
Conditioned Warehouse
Yes
Listing Agency:
Keller Williams Arizona Realty
(480) 767-3000
Listed By:
Annette K Hartsock
(480) 734-4392
Source:
Virginiagee
Added: Oct 19
Last Checked: Oct 19 at 2:14PM
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 Keller Williams Arizona Realty
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Investment Insights
Based on property information with market context.
This industrial flex property combines five offices with a rear warehouse area measuring 23 by 25 feet. Office dimensions are approximately 10 by 11 feet for three rooms, 12.5 by 21 feet for another, and 14 by 17 feet for the fifth. A reception area, kitchenette with sink, and private bathroom complete the office portion. Two air-conditioning units serve the full space, including the warehouse, which has an overhead garage door and a separate rear exit door.
The property is zoned I-1, Light Industrial, and has five assigned parking spaces. Occupancy is subject to city zoning guidelines and property association CCRs. The unit is occupied through September 30, 2026, and permission is required for showings.
The property is zoned I-1, Light Industrial, and has five assigned parking spaces. Occupancy is subject to city zoning guidelines and property association CCRs. The unit is occupied through September 30, 2026, and permission is required for showings.
Key Highlights
- Five offices; dimensions range from approximately 10x11 feet to 14x17 feet
- Rear warehouse area measures 23x25 feet and has an overhead garage door
- I‑1, Light Industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$177,727
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,554,540
$3.6M
Cap Rate 7%
$2,538,957
$2.5M
Cap Rate 9%
$1,974,744
$2.0M
Market Conditions
NOI Build-Up for 12,895 SF
Gross rent
$294.0K $22.80/SF
− Vacancy
−$20.6K −$1.60/SF
EGI
$273.4K $21.20/SF
− OpEx
−$95.7K −$7.42/SF
NOI
$177.7K $13.78/SF
Area
Scottsdale, AZ
Vacancy
7.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,554,540
Cap Rate 7%
$2,538,957
Cap Rate 9%
$1,974,744
Alternative Uses
Best Use
Warehouse
$3.13M
$2.74M – $3.65M
NOI $218,838 @ 7.0% cap · market cap 6,567.77%
Second Best
Industrial
$2.55M
$2.23M – $2.97M
NOI $178,411 @ 7.0% cap · market cap 5,354.47%
Theoretical Best
Retail
$4.23M
$3.70M – $4.94M
NOI $296,315 @ 7.0% cap · market cap 8,893.01%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,581
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85260, AZ
37,967
Population
21,072
Households
1.8
Avg Household Size
47
Median Age
59%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,674
Density / Sq Mi
$103,854
Median Household Income
$62,835
Median Earnings
$1,969
Median Rent
$637,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - I-1 zoning, assigned parking, and separate office and warehouse areas support a range of light-industrial configurations.
Where is this flex space located?
The property is located at 16443 N 91ST Street N 101 Scottsdale, AZ.
What are key features of this property?
This property features: Five offices; dimensions range from approximately 10x11 feet to 14x17 feet; Rear warehouse area measures 23x25 feet and has an overhead garage door; I‑1, Light Industrial zoning
