Retail-Automotive Building with Vehicle
2394 W Apache Trail Apache Junction, AZ 85120
2394 W Apache Trail, Apache Junction, AZ, 85120
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For Sale
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Vacant corner building with a large vehicle gate, well-suited for automotive repair or tire services.
Property Size5,338 SF
Price / SF$196.70
Days on Market104
Property Features for 2394 W Apache Trail
General Information
- Standard status
- Active
- Size
- 5,338 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1962
Listing agency
R.O.I. Properties
(602) 319-1326
Listed by
Beth Jo Zeitzer · License #AZ BR044331000
Source
Crexi
Added: Apr 9 Updated: Jul 20 at 6:02PM Checked: Jul 20 at 6:02PM
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 R.O.I. Properties
Investment Insights
Based on property information with market context.
This vacant retail and automotive building totals approximately 5,338 square feet of improvements on an approximately 8,043 square foot lot. The property features a large front gate for vehicle access, supporting practical operations for automotive repair or tire services.
Located on a high-visibility, signalized corner at Apache Trail and Delaware Drive, the building sits directly across from a Walmart Supercenter and is surrounded by quick-serve restaurants and other retail. The site is approximately 3 miles from U.S. 60 and 4 miles from the Loop 202.
The property is listed with B-2 zoning, offering flexibility for an owner-user or investment strategy in a submarket where planned downtown “Golden Triangle” revitalization has been cited alongside new retail development.
Located on a high-visibility, signalized corner at Apache Trail and Delaware Drive, the building sits directly across from a Walmart Supercenter and is surrounded by quick-serve restaurants and other retail. The site is approximately 3 miles from U.S. 60 and 4 miles from the Loop 202.
The property is listed with B-2 zoning, offering flexibility for an owner-user or investment strategy in a submarket where planned downtown “Golden Triangle” revitalization has been cited alongside new retail development.
Key Highlights
- Vacant retail/automotive building built in 1962 on a signalized corner at Apache Trail and Delaware Drive
- ±1,338 SF of improvements on an ±8,043 SF lot with B‑2 zoning
- Large front gate for vehicle access, suited for automotive repair or tire services
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 | $80.1k | $15.00 |
| − Vacancy | −$5.2k | −$0.98 |
| EGI | $74.9k | $14.03 |
| − OpEx | −$22.5k | −$4.21 |
| NOI | $52.4k | $9.82 |
5,338 SF · lease $15.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$748.7K
$655.1K – $873.4K
NOI $52,406 @ 7.0% cap · market cap 4.99%
Second Best
Industrial
$370.3K
$324.1K – $432.1K
NOI $25,924 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,302 @ 7.0% cap · market cap 9.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
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FAQs
What type of property is this?
Auto shop - Vacant corner building with a large vehicle gate, well-suited for automotive repair or tire services.
Where is this auto shop located?
The property is located at 2394 W Apache Trail Apache Junction, AZ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Vacant retail/automotive building built in 1962 on a signalized corner at Apache Trail and Delaware Drive; ±1,338 SF of improvements on an ±8,043 SF lot with B‑2 zoning; Large front gate for vehicle access, suited for automotive repair or tire services
