Corner Storefront
For Sale
$1,295,000
21062110 2106-2110 W Camelback Rd, Phoenix, AZ 85015
C-2 commercial zoning, established occupants, and access to major Phoenix transportation routes support continued retail use.
Property Size6,460 SF
Price / SF$200.46
Days on Market78
Property Features for 21062110 2106-2110 W Camelback Rd
General Information
Standard status
Active
Size
6,460 SF
Building Details
Year Built
1934
Listing Agency:
Realty ONE Group
Listed By:
Carrie Black-Montano
(480) 560-5759
Source:
Lizkeepsitrealaz
Added: Jul 29
Changed: Sep 13
Last Checked: Oct 7 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 Realty ONE Group
Investment Insights
Based on property information with market context.
This Phoenix storefront property includes a 6,460-square-foot building positioned on three parcels being sold together. The property is currently occupied by Pepe's Taco Villa and Landgrave Mexican Imports, with the latter also associated with steel gate fabrication and tax preparation. Both tenants have been in place for 18 years. The site is zoned C-2 Commercial, Community, and the building dates to 1934.
Located at a hard corner near major thoroughfares, the property offers access to I-10, I-17, SR52, SR101, SR202, and light rail. The combined parcels total 22,360 square feet: 6,880 square feet for APN 153-25-084A, 7,740 square feet for APN 153-25-085A, and 7,740 square feet for APN 153-25-086A.
Located at a hard corner near major thoroughfares, the property offers access to I-10, I-17, SR52, SR101, SR202, and light rail. The combined parcels total 22,360 square feet: 6,880 square feet for APN 153-25-084A, 7,740 square feet for APN 153-25-085A, and 7,740 square feet for APN 153-25-086A.
Key Highlights
- 6,460‑square‑foot storefront building on three parcels
- Three parcels sold together totaling 22,360 square feet
- C‑2 Commercial, Community zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,280
Cap Rate
7.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,925,600
$1.9M
Cap Rate 7%
$1,375,429
$1.4M
Cap Rate 9%
$1,069,778
$1.1M
Market Conditions
NOI Build-Up for 6,460 SF
Gross rent
$139.5K $21.60/SF
− Vacancy
−$11.2K −$1.73/SF
EGI
$128.4K $19.87/SF
− OpEx
−$32.1K −$4.97/SF
NOI
$96.3K $14.90/SF
Area
Phoenix, AZ
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,925,600
Cap Rate 7%
$1,375,429
Cap Rate 9%
$1,069,778
Alternative Uses
Best Use
Specialty Retail
$1.38M
$1.20M – $1.60M
NOI $96,280 @ 7.0% cap · market cap 7.43%
Second Best
Retail
$1.04M
$912.7K – $1.22M
NOI $73,012 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$1.96M
$1.71M – $2.28M
NOI $136,975 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85015, AZ
41,436
Population
17,889
Households
2.3
Avg Household Size
33
Median Age
25%
College-Educated
78%
High-School Grad
4.9 sq mi
ZIP Area
8,456
Density / Sq Mi
$52,585
Median Household Income
$36,456
Median Earnings
$1,227
Median Rent
$312,600
Median Home Value
Market
Vacancy Rate% for Retail in Phoenix, AZ
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - C-2 commercial zoning, established occupants, and access to major Phoenix transportation routes support continued retail use.
Where is this storefront property located?
The property is located at 21062110 2106-2110 W Camelback Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 6,460‑square‑foot storefront building on three parcels; Three parcels sold together totaling 22,360 square feet; C‑2 Commercial, Community zoning
