Fenced Warehouse with Truck
1904 E Washington St Phoenix, AZ 85034
For Sale
Contact for pricing
Warehouse on a fenced site with three grade level doors and a 10’ clear height, zoned C-3.
Property Size10,000 SF
Lot Size0.36 Acres
Price / SF$189
Days on Market613
Property Features for 1904 E Washington St
General Information
Standard status
Active
Size
10,000 SF
Lot size
0.36 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Rein & Grossoehme
(480) 214-9403
Listed By:
Max Schumacher
Source:
Moodyscre
Added: Nov 22, 2024
Changed: Jul 25
Last Checked: Jul 27 at 2:01PM
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 Rein & Grossoehme
Investment Insights
Based on property information with market context.
This warehouse offering includes approximately 10,000 square feet of industrial space on a 0.36-acre (15,700 square foot) site. The property is fully fenced and features three grade level doors, one truck well, and approximately 10-foot clear height.
The site is zoned C-3 in the City of Phoenix and provides frontage on Washington St. (13,000+ vehicles per day, as stated). It also sits adjacent to I-10 and Phoenix Sky Harbor Airport, with easy access to additional freeway systems including Loop 202, US-60, and I-17.
The property is provided with APNs 115-03-088 and 115-03-089.
The site is zoned C-3 in the City of Phoenix and provides frontage on Washington St. (13,000+ vehicles per day, as stated). It also sits adjacent to I-10 and Phoenix Sky Harbor Airport, with easy access to additional freeway systems including Loop 202, US-60, and I-17.
The property is provided with APNs 115-03-088 and 115-03-089.
Key Highlights
- ±10,000 SF warehouse on a fully fenced ±0.36 AC (15,700 SF) site
- Zoned C‑3 (City of Phoenix)
- 3 grade level doors plus 1 truck well
Financial Insights For Warehouse
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 | $102.0k | $10.20 |
| − Vacancy | −$12.1k | −$1.21 |
| EGI | $89.9k | $8.99 |
| − OpEx | −$13.5k | −$1.35 |
| NOI | $76.4k | $7.64 |
10,000 SF · lease $10.20/SF/yr · vacancy 11.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.09M
$954.8K – $1.27M
NOI $76,383 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.65M – $3.53M
NOI $212,036 @ 7.0% cap · market cap 11.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Self Storage — 2402 e washington st, phoenix, az 85034
- Storage Protectors — 150 N 16th St, Phoenix, AZ 85034
- Global Crossing . — 801 S 16th St, Phoenix, AZ 85034
- C & M Rigging LLC — 1821 E Jackson St # B, Phoenix, AZ 85034
- 1-800-PACK-RAT — 1502 E Hadley St # 160, Phoenix, AZ 85034
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse on a fenced site with three grade level doors and a 10’ clear height, zoned C-3.
Where is this warehouse located?
The property is located at 1904 E Washington St Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: ±10,000 SF warehouse on a fully fenced ±0.36 AC (15,700 SF) site; Zoned C‑3 (City of Phoenix); 3 grade level doors plus 1 truck well
