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Phoenix Flex Building For Sale

2632 S 24th St, Phoenix, AZ 85034

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For Sale

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7,640 SF flex building near Phoenix Sky Harbor airport.

Type:Industrial, Office

Property size:

7,640 SF

Lot size:

0.67 Acres

Price / SF:

$196/SF

HighLights

Excellent Location: Less than 1 mile to I‑10 and minutes from Phoenix Sky Harbor Airport.
Flexible Zoning: A‑2 zoning allows for a variety of uses.
Substantial Size: ±7,640 SF flex building on ±0.67 AC of land.
Paved Site: Fully asphalt paved, suitable for various operations.
Potential Storage: Opportunity for a fenced storage yard.
Versatile Building: Flex building suitable for diverse business needs.

We can help!

Contact an agent

Max Schumacher, SIOR

For Sale

Contact for pricing

7,640 SF flex building near Phoenix Sky Harbor airport.

Type:Industrial, Office

Property size:

7,640 SF

Lot size:

0.67 Acres

Price / SF:

$196/SF

Added:: Feb 10, 2026
Days on Market:: 141
Last Refresh:: Mar 17 at 1:15 pm

Property Features for 2632 S 24th St

General Information

Standard status: Active
Size: 7,640 SF
Lot size: 0.67 Acres
Property subtype: Industrial, Office

We can help!

Contact an agent

Max Schumacher, SIOR

Listing office Rein & Grossoehme Commercial Real Estate

Listing date Feb 10, 2026

Source Crexi

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 Rein & Grossoehme Commercial Real Estate

HighLights

Excellent Location: Less than 1 mile to I‑10 and minutes from Phoenix Sky Harbor Airport.
Flexible Zoning: A‑2 zoning allows for a variety of uses.
Substantial Size: ±7,640 SF flex building on ±0.67 AC of land.
Paved Site: Fully asphalt paved, suitable for various operations.
Potential Storage: Opportunity for a fenced storage yard.
Versatile Building: Flex building suitable for diverse business needs.

Overview

A 7,640 square foot flex building is available for sale on approximately 0.67 acres of land. The property is zoned A-2 and is located less than 1 mile from I-10 and minutes from Phoenix Sky Harbor Airport. The site is fully asphalt paved and has the potential for a fenced storage yard.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$234.7k	$30.72
− Vacancy	−$60.3k	−$7.90
EGI	$174.4k	$22.82
− OpEx	−$43.6k	−$5.71
NOI	$130.8k	$17.12

7,640 SF · lease $30.72/SF/yr · vacancy 25.70% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.87M

$1.63M – $2.18M (±1% cap)

NOI $130,787 @ 7.0% cap · market cap 8.72%

Second Best

Flex RnD

$1.20M

$1.05M – $1.40M (±1% cap)

NOI $83,906 @ 7.0% cap · market cap 5.59%

Theoretical Best

Office A

$2.31M

$2.02M – $2.70M (±1% cap)

NOI $161,996 @ 7.0% cap · market cap 10.80%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

U.S . Scrubs Uniform ... (Bike/Boat/Book/etc) Store

Suggested Use

Similar Places Nearby

LSG Sky Chefs Inc — 3555 S 28th St, Phoenix, AZ 85040
Boca Loca Phoenix — 2206 E Magnolia St, Phoenix, AZ 85034
Scratch Catering — 2601 S 24th St, Phoenix, AZ 85034

Location Insight

Map
Local Demand

City: Phoenix
County: Maricopa
State: Arizona
Longitude: -112.0309319
Latitude: 33.4227868

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For sale
Flex space
AZ
Phoenix
85034
2632 S 24th St

What type of property is this?

Flex space - 7,640 SF flex building near Phoenix Sky Harbor airport.

Where is this flex space located?

The property is located at 2632 S 24th St Phoenix, AZ.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: Excellent Location: Less than 1 mile to I‑10 and minutes from Phoenix Sky Harbor Airport.; Flexible Zoning: A‑2 zoning allows for a variety of uses.; Substantial Size: ±7,640 SF flex building on ±0.67 AC of land.