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Retail Space with C-2 Zoning
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2210 E Indian School Rd., Phoenix, AZ 85015

Located on Indian School Road with access to SR-51, Loop 202, and I-10.

Property Size4,440 SF
Price / SF$336.71
Days on Market62

Property Features for 2210 E Indian School Rd.

General Information

Standard status Active
Size 4,440 SF
Total Parking Spaces 18
Property subtype Retail
Zoning C-2
Investment Type Owner/User

Additional Details

Highway Access Yes
Listing Agency: DAUM Commercial Real Estate Services Phoenix
Listed By: Carter Wilson, SIOR, CCIM · License #AZ BR663255000
Source: Crexi
Added: Aug 17 Changed: Oct 10 Last Checked: Oct 16 at 9:36AM

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 DAUM Commercial Real Estate Services Phoenix

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Investment Insights

Based on property information with market context.

This 4,440-square-foot retail property is located at 2210 E. Indian School Road in Phoenix and carries C-2 zoning. The asset is positioned along Indian School Road within the Camelback East submarket of Central Phoenix.

Access to SR-51, Loop 202, and I-10 connects the property with destinations across the Valley. The location is also within minutes of the Biltmore area, Downtown Phoenix, and Phoenix Sky Harbor International Airport, with shopping, dining, and entertainment destinations nearby.

Key Highlights

  • 4,440 SF retail property
  • C‑2 zoning
  • Located at 2210 E. Indian School Rd., Phoenix, AZ

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$50,182
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,003,640 $1.0M
Cap Rate 7%
$716,886 $716.9K
Cap Rate 9%
$557,578 $557.6K
Market Conditions
NOI Build-Up for 4,440 SF
Gross rent
$79.9K $18.00/SF
− Vacancy
−$8.2K −$1.85/SF
EGI
$71.7K $16.15/SF
− OpEx
−$21.5K −$4.84/SF
NOI
$50.2K $11.30/SF
Area
Phoenix, AZ
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,003,640
Cap Rate 7%
$716,886
Cap Rate 9%
$557,578

Alternative Uses

Best Use
Retail
$716.9K
$627.3K – $836.4K (±1% cap)
NOI $50,182 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.18M – $1.57M (±1% cap)
NOI $94,144 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Old Heidelberg Bakery Bakery Old Q Pastry ... Specialty Food Shop

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Grocery & Convenience Store Food Market Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,228
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Phoenix, AZ

8.5% 2019
8.7% 2020
7.4% 2021
5.6% 2022
5.1% 2023
5.4% 2024
5.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Located on Indian School Road with access to SR-51, Loop 202, and I-10.
Where is this retail space located?
The property is located at 2210 E Indian School Rd. Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 4,440 SF retail property; C‑2 zoning; Located at 2210 E. Indian School Rd., Phoenix, AZ
(480) 225-1992 Call to check price and availability
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