Single-Story Flex
For Sale
$379,000
17 W Alta Vista Road, Phoenix, AZ 85041
Versatile commercial layout with tile-floored rooms, two bathrooms, upgraded building systems, and secured outdoor space.
Property Size1,375 SF
Days on Market93
Property Features for 17 W Alta Vista Road
General Information
Standard status
Active
Size
1,375 SF
Property subtype
COMMERCIAL
Site & Location
Neighborhood
South Mountain
Public Transit
Yes
Fenced Yard
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,354
Building Details
Building Size
1,375 SF
Year Built
1962
Buildings
1
Stories
1
Listing Agency:
DeLex Realty
Listed By:
Stephen R Rouse · License #SA568708000
(602) 930-9393
Source:
Gillettegroupaz
Added: Jul 29
Changed: Oct 27
Last Checked: Oct 28 at 2:08PM
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 DeLex Realty
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Investment Insights
Based on property information with market context.
This single-story flex space at 17 W Alta Vista Road includes three sizable rooms with tile flooring and interior connections between them. The layout also provides two bathrooms, supporting a range of office, light commercial, and storage functions. Recent property improvements include new septic and water lines, a water heater, roof, electrical lines, and split AC systems.
A covered parking area accommodates at least three vehicles. The property is enclosed by chain-link and barbed-wire fencing, with tubular steel fencing and a gate along the patio. South of the building, a spacious gravel yard provides additional exterior area. The property sits west of Central Avenue along the light rail route in Phoenix, Arizona.
A covered parking area accommodates at least three vehicles. The property is enclosed by chain-link and barbed-wire fencing, with tubular steel fencing and a gate along the patio. South of the building, a spacious gravel yard provides additional exterior area. The property sits west of Central Avenue along the light rail route in Phoenix, Arizona.
Key Highlights
- Three tile‑floored rooms connected by interior doors
- New septic and water lines, water heater, roof, electrical lines, and split AC systems
- Two bathrooms within the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,538
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,760
$470.8K
Cap Rate 7%
$336,257
$336.3K
Cap Rate 9%
$261,533
$261.5K
Market Conditions
NOI Build-Up for 1,375 SF
Gross rent
$42.2K $30.72/SF
− Vacancy
−$10.9K −$7.90/SF
EGI
$31.4K $22.82/SF
− OpEx
−$7.8K −$5.71/SF
NOI
$23.5K $17.12/SF
Area
ZIP 85041
Vacancy
25.70%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,760
Cap Rate 7%
$336,257
Cap Rate 9%
$261,533
Alternative Uses
Best Use
Office B
$336.3K
$294.2K – $392.3K
NOI $23,538 @ 7.0% cap · market cap 6.21%
Second Best
Flex RnD
$182.0K
$159.3K – $212.4K
NOI $12,741 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$415.6K
$363.7K – $484.9K
NOI $29,094 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85041, AZ
64,639
Population
19,729
Households
3.3
Avg Household Size
31
Median Age
19%
College-Educated
76%
High-School Grad
16.0 sq mi
ZIP Area
4,040
Density / Sq Mi
$70,555
Median Household Income
$40,006
Median Earnings
$1,612
Median Rent
$310,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Phoenix, AZ
Similar Off Market Nearby
- Smoke Somethin' BBQ — 6825 S 7th St, Phoenix, AZ 85042
Frequently Asked Questions
What type of property is this?
Flex space - Versatile commercial layout with tile-floored rooms, two bathrooms, upgraded building systems, and secured outdoor space.
Where is this flex space located?
The property is located at 17 W Alta Vista Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Three tile‑floored rooms connected by interior doors; New septic and water lines, water heater, roof, electrical lines, and split AC systems; Two bathrooms within the building
