Light Industrial Warehouse with
1830-1880 W Fillmore St Phoenix, AZ 85007
For Sale
Contact for pricing
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
Price / SF$225.95
Days on Market100
Property Features for 1830-1880 W Fillmore St
General Information
Standard status
Active
Size
28,767 SF
Lot size
1.38 Acres
Property subtype
INDUSTRIAL
Listing Agency:
LevRose Commercial Real Estate
(602) 369-7127
Listed By:
Matt Leonard · License #BR544219000
(602) 369-7127
Source:
Moodyscre
Added: Apr 22
Changed: Jul 26
Last Checked: Jul 29 at 1:24PM
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
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 For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $883.7k | $30.72 |
| − Vacancy | −$227.1k | −$7.90 |
| EGI | $656.6k | $22.82 |
| − OpEx | −$164.2k | −$5.71 |
| NOI | $492.5k | $17.12 |
28,767 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$7.04M
$6.16M – $8.21M
NOI $492,454 @ 7.0% cap · market cap 7.58%
Second Best
Flex RnD
$4.51M
$3.95M – $5.27M
NOI $315,931 @ 7.0% cap · market cap 4.86%
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.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- All Star Catering — 2121 W McDowell Rd, Phoenix, AZ 85009
- Sunrise catering — 2121 W McDowell Rd, Phoenix, AZ 85009
- Mvs Phoenix — 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
