Retail Space on Camelback
2150 W Camelback Rd Phoenix, AZ 85016
2150 W Camelback Rd, Phoenix, AZ, 85016
$350,000
For Sale
$350,000
Retail space available for sale on Camelback Road.
Property Size925 SF
Price / SF$378.38
Days on Market136
Property Features for 2150 W Camelback Rd
General Information
- Standard status
- Active
- Size
- 925 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1941
Listing agency
Kidder Mathews - Phoenix
(602) 513-5155
Listed by
Bret Isbell · License #BR549336000
(602) 513-5155
Source
Kidder
Added: Mar 8 Updated: Jul 10 at 1:14PM Checked: Mar 26 at 9:48AM
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 Kidder Mathews - Phoenix
Investment Insights
Based on property information with market context.
This commercial property offers 925 square feet of retail space. The property is located on West Camelback Road in Phoenix, Arizona. This retail space is available for sale.
Key Highlights
- Retail space available.
- Located on Camelback Road.
- Property is for sale.
Local Financial Insights For Retail
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 | $16.7k | $18.00 |
| − Vacancy | −$1.7k | −$1.85 |
| EGI | $14.9k | $16.15 |
| − OpEx | −$4.5k | −$4.84 |
| NOI | $10.5k | $11.30 |
925 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$149.4K
$130.7K – $174.3K
NOI $10,455 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$280.2K
$245.2K – $326.9K
NOI $19,613 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
MAJESTIC WELLNESS CLINICS, ...
Medical Clinic
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space available for sale on Camelback Road.
Where is this retail space located?
The property is located at 2150 W Camelback Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Retail space available.; Located on Camelback Road.; Property is for sale.