Office/Warehouse Flex
For Sale
Contact for pricing
2942 N Greenfield Rd, Mesa, AZ 85215
For sale flex property positioned for an office and office-warehouse investment at 2942 N Greenfield Rd, Mesa, AZ.
Property Size2,935 SF
Price / SF$306.64
Days on Market17
Property Features for 2942 N Greenfield Rd
General Information
Standard status
Active
Size
2,935 SF
Property subtype
INDUSTRIAL
Listing Agency:
Commercial Properties Inc
(602) 330-8777
Listed By:
Andrew S Jaffe · License #SA630241000
(602) 330-8777
Source:
Moodyscre
Added: Jul 15
Changed: Jul 26
Last Checked: Jul 31 at 3:45AM
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 Commercial Properties Inc
Investment Insights
Based on property information with market context.
This for-sale flex building is presented as an Office / Office Warehouse investment opportunity. The property is sized at 2,935 square feet.
The asset is located at 2942 N Greenfield Rd in Mesa, Arizona (85215).
The asset is located at 2942 N Greenfield Rd in Mesa, Arizona (85215).
Key Highlights
- Flex property for sale at 2942 N Greenfield Rd, Mesa, AZ
- Positioned for an office and office‑warehouse investment
Financial Insights For Office B
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 | $84.9k | $28.92 |
| − Vacancy | −$17.8k | −$6.07 |
| EGI | $67.1k | $22.85 |
| − OpEx | −$16.8k | −$5.71 |
| NOI | $50.3k | $17.14 |
2,935 SF · lease $28.92/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$718.5K
$628.7K – $838.2K
NOI $50,292 @ 7.0% cap · market cap 5.59%
Second Best
Warehouse
$506.8K
$443.4K – $591.2K
NOI $35,473 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$804.5K
$703.9K – $938.6K
NOI $56,315 @ 7.0% cap · market cap 6.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85215, AZ
16,461
Population
9,146
Households
1.8
Avg Household Size
56
Median Age
36%
College-Educated
96%
High-School Grad
82.8 sq mi
ZIP Area
199
Density / Sq Mi
$90,310
Median Household Income
$55,687
Median Earnings
$1,755
Median Rent
$398,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Creative Hands Cuisine — 3035 N Maple St #1, Mesa, AZ 85215
Frequently Asked Questions
What type of property is this?
Flex space - For sale flex property positioned for an office and office-warehouse investment at 2942 N Greenfield Rd, Mesa, AZ.
Where is this flex space located?
The property is located at 2942 N Greenfield Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Flex property for sale at 2942 N Greenfield Rd, Mesa, AZ; Positioned for an office and office‑warehouse investment
