Flex Property With Auto
For Sale
$1,200,000
2301 N 27TH Avenue, Phoenix, AZ 85009
Two buildings combine office space, repair operations, manufacturing areas, and month-to-month tenancy.
Property Size7,857 SF
Days on Market47
Property Features for 2301 N 27TH Avenue
General Information
Standard status
Active
Size
7,857 SF
Property subtype
COMMERCIAL
Warehouse & Industrial
Clear Height
10 ft
Drive-In Doors
3
Taxes and HOA fees
Annual Taxes
$8,750
Building Details
Building Size
7,857 SF
Year Built
2005
Buildings
2
Listing Agency:
West USA Realty
Listed By:
Esther Perez Gallardo · License #BR523184000
(602) 799-7908
Source:
Alexiabertsatos
Added: Aug 21
Changed: Oct 3
Last Checked: Oct 6 at 12:31AM
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 West USA Realty
Investment Insights
Based on property information with market context.
This 7,857-square-foot flex property includes two separate buildings constructed in 2005. The first building combines an entry lobby, offices, and a bathroom with a fully air-conditioned front office area. Its additional section is configured for auto repair and includes three outdoor bays.
The second structure is a metal manufacturing and machine-shop building with 8-to-10-foot ceilings, evaporative cooling, and three drive-in bays. The sale includes two sets of lifts. Six tenants currently occupy the property on month-to-month arrangements. Located at 2301 N 27th Avenue in Phoenix, Arizona, the site is zoned A1.
The second structure is a metal manufacturing and machine-shop building with 8-to-10-foot ceilings, evaporative cooling, and three drive-in bays. The sale includes two sets of lifts. Six tenants currently occupy the property on month-to-month arrangements. Located at 2301 N 27th Avenue in Phoenix, Arizona, the site is zoned A1.
Key Highlights
- 7,857 SF property with two buildings, including office, repair, manufacturing, and machine‑shop areas
- First building includes a lobby, offices, bathroom, air‑conditioned front office, auto repair area, and 3 outdoor bays
- Metal manufacturing and machine‑shop building has 8'-10' ceilings and evaporative cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,801
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,776,020
$1.8M
Cap Rate 7%
$1,268,586
$1.3M
Cap Rate 9%
$986,678
$986.7K
Market Conditions
NOI Build-Up for 7,857 SF
Gross rent
$141.4K $18.00/SF
− Vacancy
−$14.6K −$1.85/SF
EGI
$126.9K $16.15/SF
− OpEx
−$38.1K −$4.84/SF
NOI
$88.8K $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%
$1,776,020
Cap Rate 7%
$1,268,586
Cap Rate 9%
$986,678
Alternative Uses
Best Use
Retail
$1.27M
$1.11M – $1.48M
NOI $88,801 @ 7.0% cap · market cap 7.40%
Second Best
Flex RnD
$1.23M
$1.08M – $1.44M
NOI $86,289 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$2.38M
$2.08M – $2.78M
NOI $166,597 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
10 ft
Clear height
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
1,063
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85009, AZ
50,439
Population
14,873
Households
3.4
Avg Household Size
31
Median Age
7%
College-Educated
59%
High-School Grad
14.7 sq mi
ZIP Area
3,431
Density / Sq Mi
$51,615
Median Household Income
$29,674
Median Earnings
$1,128
Median Rent
$215,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Phoenix, AZ
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Frequently Asked Questions
What type of property is this?
Flex space - Two buildings combine office space, repair operations, manufacturing areas, and month-to-month tenancy.
Where is this flex space located?
The property is located at 2301 N 27TH Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 7,857 SF property with two buildings, including office, repair, manufacturing, and machine‑shop areas; First building includes a lobby, offices, bathroom, air‑conditioned front office, auto repair area, and 3 outdoor bays; Metal manufacturing and machine‑shop building has 8'-10' ceilings and evaporative cooling
