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    Phoenix Warehouse with Secure Yard Title is generated by Realmo AI

    3312 N 28th Ave, Phoenix, AZ

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    7,050 SF warehouse with secure yard and truck well.

    Type:INDUSTRIAL
    Property size:
    7,050 SF
    Lot size:
    0.46 Acres
    Price / SF:
    $184/SF
    Added:
    Nov 28, 2024
    Days on Market:
    569
    Last Refresh:
    May 20 at 8:11 pm

    Property Features for 3312 N 28th Ave

    General Information

    Standard status
    Active
    Size
    7,050 SF
    Lot size
    0.46 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Beth Jo Zeitzer
    Beth Jo Zeitzer

    Listing agent Beth Jo Zeitzer License #SA697209000

    Listing office R.O.I. Properties

    Listing date Nov 28, 2024

    Source Moodyscre

    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

    HighLights

    • Flexible A‑1 Zoning (City of Phoenix)
    • Secure Yard
    • Truck Well for easy loading and unloading
    • HVAC Office provides comfortable workspace
    • EVAP Warehouse to keep goods cool
    • 13' 11" Clear Height

    Overview

    This 7,050 square foot property in Phoenix, Arizona, is suitable for warehouse, industrial, and flex space use. The property features flexible zoning that allows for outdoor storage (A-1 zoning, City of Phoenix). It includes a secure yard and a truck well. The building has HVAC in the office area and evaporative cooling in the warehouse. The warehouse clear height is 13 feet 11 inches.

    Local Financial Insights For Flex RnD

    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 $135.4k $19.20
    − Vacancy −$16.2k −$2.30
    EGI $119.1k $16.90
    − OpEx −$41.7k −$5.91
    NOI $77.4k $10.98
    7,050 SF · lease $19.20/SF/yr · vacancy 12.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $1.11M
    $967.8K – $1.29M (±1% cap)
    NOI $77,426 @ 7.0% cap · market cap 5.96%
    Second Best
    Warehouse
    $769.3K
    $673.1K – $897.5K (±1% cap)
    NOI $53,850 @ 7.0% cap · market cap 4.14%
    Theoretical Best
    Office A
    $2.14M
    $1.87M – $2.49M (±1% cap)
    NOI $149,485 @ 7.0% cap · market cap 11.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Regional Relocation & Warehousing ... Moving Company

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Pharmacy

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

    Similar Places Nearby

    • The Moving Collective — 2956 W Osborn Rd, Phoenix, AZ 85017
    • Extra Space Storage — 2816 W Thomas Rd, Phoenix, AZ 85017
    • Extra Space Storage — 3615 N 27th Ave, Phoenix, AZ 85017
    • Thomas Road Self Storage Solutions — 3201 Thomas Rd, Phoenix, AZ 85017
    • Anytime Storage — 3055 N 30th Ave, Phoenix, AZ 85017

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.12
    Latitude
    33.4865

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    FAQs

    What type of property is this?
    Warehouse - 7,050 SF warehouse with secure yard and truck well.
    Where is this warehouse located?
    The property is located at 3312 N 28th Ave Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Flexible A‑1 Zoning (City of Phoenix); Secure Yard; Truck Well for easy loading and unloading
    (602) 319-1326 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Beth Jo Zeitzer
    Beth Jo Zeitzer
    Real Estate License ID: SA697209000
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