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Flex Space with Warehouse
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2330 W Parkside Ln, Phoenix, AZ 85027

Versatile commercial unit combining private offices, reception, kitchen, bullpen, and warehouse functionality.

Property Size3,018 SF
Price / SF$135.85
Days on Market49

Property Features for 2330 W Parkside Ln

General Information

Standard status Active
Size 3,018 SF
Total Parking Spaces 4
Property subtype INDUSTRIAL
Zoning CP-BP

Site & Location

Neighborhood Deer Valley

Warehouse & Industrial

Clear Height 21 ft
Drive-In Doors 1
Power 250 amps
Voltage 480 V
Three-Phase Power Yes
Conditioned Warehouse Yes

Additional Details

Asking Price $410,000

Building Details

Year Built 2007
Listing Agency: DAUM Commercial Real Estate Services | Phoenix
Listed By: Chris Rogers · License #SA634966000
Source: Moodyscre
Added: Sep 10 Changed: Oct 25 Last Checked: Oct 28 at 4:49AM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Unit G-110 is a 3,018-square-foot flex property with a practical blend of office and warehouse space. The layout includes four private offices, reception, a large kitchen, bullpen area, restroom, and approximately 20% office with 80% warehouse. The warehouse is insulated and evaporatively cooled, with a grade-level door measuring 12 feet by 14 feet and clear height ranging from 19 to 21 feet.

Built in 2007, the property provides 250 amps of 277/480V power and is zoned CP-BP by the City of Phoenix. Parking includes four reserved spaces, with up to 2.85 spaces per 1,000 square feet available in total. Cox and CenturyLink services are available, and existing furniture may also be purchased separately.

Key Highlights

  • 3,018 SF Unit G‑110 with approximately 20% office and 80% warehouse
  • Four private offices, reception, large kitchen, bullpen, and restroom
  • 250 AMPS 277/480V power service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,145
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,900 $662.9K
Cap Rate 7%
$473,500 $473.5K
Cap Rate 9%
$368,278 $368.3K
Market Conditions
NOI Build-Up for 3,018 SF
Gross rent
$57.9K $19.20/SF
− Vacancy
−$7.0K −$2.30/SF
EGI
$51.0K $16.90/SF
− OpEx
−$17.8K −$5.91/SF
NOI
$33.1K $10.98/SF
Area
Phoenix, AZ
Vacancy
12.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,900
Cap Rate 7%
$473,500
Cap Rate 9%
$368,278

Alternative Uses

Best Use
Flex RnD
$473.5K
$414.3K – $552.4K (±1% cap)
NOI $33,145 @ 7.0% cap · market cap 8.08%
Second Best
Warehouse
$329.3K
$288.2K – $384.2K (±1% cap)
NOI $23,052 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$914.2K
$799.9K – $1.07M (±1% cap)
NOI $63,992 @ 7.0% cap · market cap 15.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Purple Porcupine - 3D ... Production Facility TERACOM CORPORATE (NORTH ... Tech Support Center Overwatch Precision Industrial Manufacturer Formula Prototypes Industrial Manufacturer Mirasol Development Corporate Office

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Grocery & Convenience Store Cafe & Coffee Shop Nail Salon

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

21 ft
Clear height
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

530
Businesses Nearby
Well-served
Demand for This Use

Demographics for 85027, AZ

38,343
Population
17,458
Households
2.2
Avg Household Size
36
Median Age
29%
College-Educated
92%
High-School Grad
11.7 sq mi
ZIP Area
3,277
Density / Sq Mi
$73,255
Median Household Income
$46,338
Median Earnings
$1,488
Median Rent
$316,100
Median Home Value

Market

Vacancy Rate% for Industrial in Phoenix, AZ

6.8% 2019
8.1% 2020
5% 2021
4.4% 2022
8.9% 2023
12.2% 2024
12.7% 2025

Similar Off Market Nearby

  • City Square Deli & Grill — 22601 N 19th Ave #121, Phoenix, AZ 85027

Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial unit combining private offices, reception, kitchen, bullpen, and warehouse functionality.
Where is this flex space located?
The property is located at 2330 W Parkside Ln Phoenix, AZ.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 3,018 SF Unit G‑110 with approximately 20% office and 80% warehouse; Four private offices, reception, large kitchen, bullpen, and restroom; 250 AMPS 277/480V power service
(602) 513-0555 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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