Flex Condominium with Roll-Up
New
For Sale
$720,000
16443 N 91st Street Suite C-102, Scottsdale, AZ 85260
Office and warehouse areas are complemented by on-site parking and I-P zoning.
Property Size1,600 SF
Price / SF$450
Days on Market2
Property Features for 16443 N 91st Street Suite C-102
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Industrial
Zoning
I-P
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
18 ft
Power
200 amps
Voltage
208 V
Three-Phase Power
Yes
Additional Details
Asking Price
$720,000
Amenities
Break Room with Sink
Building Signage Available
Building Details
Building Size
1,600 SF
Listing Agency:
Menlo Group Commercial Real Estate
Listed By:
Tom Ellixson, CCIM · License #SA672216000
(480) 469-6008
Source:
Menlocre
Added: Oct 16
Last Checked: Oct 16 at 2:15PM
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 Menlo Group Commercial Real Estate
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Investment Insights
Based on property information with market context.
This approximately 1,600-square-foot flex condominium combines office and warehouse space. The layout includes two private offices and a break room with a sink, while a 12-by-14-foot roll-up door serves the warehouse area. Electrical service is 200 amps, 120/208V, three-phase, and clear height ranges from 17 to 18 feet. Building signage is available.
The property is in Scottsdale near Bell Road and Loop 101, with freeway access and business and retail amenities nearby. On-site parking is available. The City of Scottsdale zoning designation is I-P.
The property is in Scottsdale near Bell Road and Loop 101, with freeway access and business and retail amenities nearby. On-site parking is available. The City of Scottsdale zoning designation is I-P.
Key Highlights
- Approximately 1,600 SF flex office/warehouse condominium
- Two private offices and a break room with sink
- Three‑phase power: 200 Amps, 120/208V
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,153
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,060
$543.1K
Cap Rate 7%
$387,900
$387.9K
Cap Rate 9%
$301,700
$301.7K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$34.0K $21.24/SF
− Vacancy
−$2.0K −$1.27/SF
EGI
$31.9K $19.97/SF
− OpEx
−$4.8K −$2.99/SF
NOI
$27.2K $16.97/SF
Area
Scottsdale, AZ
Vacancy
6.00%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$543,060
Cap Rate 7%
$387,900
Cap Rate 9%
$301,700
Alternative Uses
Best Use
Warehouse
$387.9K
$339.4K – $452.6K
NOI $27,153 @ 7.0% cap · market cap 3.77%
Second Best
Industrial
$316.2K
$276.7K – $369.0K
NOI $22,137 @ 7.0% cap · market cap 3.07%
Theoretical Best
Retail
$525.2K
$459.6K – $612.8K
NOI $36,766 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
18 ft
Clear height
Yes
Highway access
Yes
Paved road access
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
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Office and warehouse areas are complemented by on-site parking and I-P zoning.
Where is this flex space located?
The property is located at 16443 N 91st Street Suite C-102 Scottsdale, AZ.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: Approximately 1,600 SF flex office/warehouse condominium; Two private offices and a break room with sink; Three‑phase power: 200 Amps, 120/208V
