Light Industrial Warehouse with
For Sale
Contact for pricing
Pending
1830-1880 W Fillmore St, Phoenix, AZ 85007
28,767 SF light industrial property on 1.38 acres with a renovated stand-alone office and zoned A-1.
Property Size28,767 SF
Lot Size1.38 Acres
Days on Market191
Property Features for 1830-1880 W Fillmore St
General Information
Standard status
Pending
Size
28,767 SF
Lot size
1.38 Acres
Property subtype
INDUSTRIAL
Zoning
A-1
Site & Location
Neighborhood
Central City
Highway Access
Yes
Amenities
upgraded restrooms
four private offices
conference room
break room
open work area
Listing Agency:
LevRose Commercial Real Estate
(480) 947-0600
Listed By:
Matt Leonard · License #BR544219000
(602) 369-7127
Source:
Moodyscre
Added: Apr 22
Changed: Oct 25
Last Checked: Oct 28 at 10:23AM
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 LevRose Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This ±28,767 SF industrial property sits on ±1.38 acres and is zoned A-1 (Light Industrial) by the City of Phoenix. It offers a flexible investment or owner-user opportunity for sale or lease, with the north warehouse currently leased through October 31, 2026.
The property includes a recently renovated, stand-alone office building with upgraded restrooms, four private offices, a conference room, a break room, and an open work area designed to support a range of operational needs.
Located in a Downtown Phoenix industrial corridor with access to I-17, I-10, Loop 202, and Phoenix Sky Harbor International Airport, the site supports regional connectivity for logistics, manufacturing, and service users.
The property includes a recently renovated, stand-alone office building with upgraded restrooms, four private offices, a conference room, a break room, and an open work area designed to support a range of operational needs.
Located in a Downtown Phoenix industrial corridor with access to I-17, I-10, Loop 202, and Phoenix Sky Harbor International Airport, the site supports regional connectivity for logistics, manufacturing, and service users.
Key Highlights
- 28,767 SF industrial property on 1.38 acres in Phoenix, zoned A‑1 (Light Industrial)
- Available for sale or lease, with flexible investment or owner‑user potential
- North warehouse is leased through October 31, 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$315,931
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,318,620
$6.3M
Cap Rate 7%
$4,513,300
$4.5M
Cap Rate 9%
$3,510,344
$3.5M
Market Conditions
NOI Build-Up for 28,767 SF
Gross rent
$552.3K $19.20/SF
− Vacancy
−$66.3K −$2.30/SF
EGI
$486.0K $16.90/SF
− OpEx
−$170.1K −$5.91/SF
NOI
$315.9K $10.98/SF
Area
Phoenix, AZ
Vacancy
12.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,318,620
Cap Rate 7%
$4,513,300
Cap Rate 9%
$3,510,344
Alternative Uses
Best Use
Flex RnD
$4.51M
$3.95M – $5.27M
NOI $315,931 @ 7.0% cap · market cap 4.86%
Second Best
Warehouse
$3.14M
$2.75M – $3.66M
NOI $219,730 @ 7.0% cap · market cap 3.38%
Theoretical Best
Office A
$8.71M
$7.62M – $10.17M
NOI $609,964 @ 7.0% cap · market cap 9.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,144
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85007, AZ
14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
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
Similar Off Market Nearby
- Sunrise catering — 2121 W McDowell Rd, Phoenix, AZ 85009
- Mvs Phoenix — 2121 W McDowell Rd, Phoenix, AZ 85009
- All Star Catering — 2121 W McDowell Rd, Phoenix, AZ 85009
Frequently Asked Questions
What type of property is this?
Flex space - 28,767 SF light industrial property on 1.38 acres with a renovated stand-alone office and zoned A-1.
Where is this flex space located?
The property is located at 1830-1880 W Fillmore St Phoenix, AZ.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 28,767 SF industrial property on 1.38 acres in Phoenix, zoned A‑1 (Light Industrial); Available for sale or lease, with flexible investment or owner‑user potential; North warehouse is leased through October 31, 2026
