Mixed-Use Property
3015 E Baseline Rd Phoenix, AZ 85042
For Sale
Contact for pricing
Mixed-use property for sale with commercial potential.
Property Size2,292 SF
Price / SF$414.49
Days on Market1445
Property Features for 3015 E Baseline Rd
General Information
- Standard status
- Active
- Size
- 2,292 SF
- Property subtype
- Mixed Use
Listing Agency:
Citywide Commercial Real Estate
(602) 313-1000
Listed By:
Todd Hamilton · License #AZ 113954000
Source:
Crexi
Added: Aug 10, 2022
Changed: Jul 10
Last Checked: Jul 23 at 3:06PM
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 Citywide Commercial Real Estate
Investment Insights
Based on property information with market context.
This mixed-use property, located in Phoenix, Arizona, offers 2292 square feet of space. It is currently listed for sale.
Key Highlights
- No property information was provided to extract selling points.
Financial Insights For Mixed Use
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 | $55.0k | $24.00 |
| − Vacancy | −$8.3k | −$3.60 |
| EGI | $46.8k | $20.40 |
| − OpEx | −$17.5k | −$7.65 |
| NOI | $29.2k | $12.75 |
2,292 SF · lease $24.00/SF/yr · vacancy 15.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$417.5K
$365.3K – $487.1K
NOI $29,223 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$694.3K
$607.5K – $810.0K
NOI $48,599 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
FAQs
What type of property is this?
Mixed-use property - Mixed-use property for sale with commercial potential.
Where is this mixed-use property located?
The property is located at 3015 E Baseline Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: No property information was provided to extract selling points.
