Remodeled Retail-Office Flex
4033 N 19TH AVE Phoenix, AZ 85015
4033 N 19TH AVE, Phoenix, AZ, 85015
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For Sale
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Two freestanding buildings on a 1-acre lot with remodeled 2024 interior space and rear workshop roll-up doors.
Property Size10,310 SF
Lot Size1.01 Acres
Price / SF$167.31
Days on Market39
Property Features for 4033 N 19TH AVE
General Information
- Standard status
- Active
- Size
- 10,310 SF
- Lot size
- 1.01 Acres
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1960
Listing agency
Citywide Commercial Real Estate
(602) 313-1000
Listed by
Todd Hamilton · License #AZ 113954000
Source
Crexi
Added: Jun 15 Updated: Jul 22 at 1:47PM Checked: Jul 22 at 1:47PM
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 remodeled 2024 retail/office flex property includes two freestanding buildings totaling approximately 10,310 square feet on a roughly 1.01-acre lot. Building 1 offers private offices, reception, a break room, restrooms, and a rear workshop with four 8’x8’ roll-up doors, with about 6,000 square feet on the first floor plus additional space on the second floor. The second floor includes approximately 2,310 square feet and also includes a residential unit with appliances. Building 2 provides about 2,000 square feet with an open showroom, private restrooms, and a rear workshop.
The property has 19th Avenue frontage and is served by natural gas and single-phase power (125 amps). The site includes a paved, secured lot of approximately 21,000 square feet.
The property is listed for sale with C-2 zoning in the City of Phoenix and is located on four total parcels (110-07-089A, 110-07-086, 110-07-081, 110-07-080A).
The property has 19th Avenue frontage and is served by natural gas and single-phase power (125 amps). The site includes a paved, secured lot of approximately 21,000 square feet.
The property is listed for sale with C-2 zoning in the City of Phoenix and is located on four total parcels (110-07-089A, 110-07-086, 110-07-081, 110-07-080A).
Key Highlights
- Two freestanding retail/office buildings totaling about 10,310 SF on an approximately 1.01‑acre lot in Phoenix
- Remodeled interior space in 2024
- 19th Avenue frontage with C‑2 zoning (City of Phoenix)
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 | $185.6k | $18.00 |
| − Vacancy | −$19.1k | −$1.85 |
| EGI | $166.5k | $16.15 |
| − OpEx | −$49.9k | −$4.84 |
| NOI | $116.5k | $11.30 |
10,310 SF · lease $18.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Office B
$2.52M
$2.21M – $2.94M
NOI $176,494 @ 7.0% cap · market cap 10.23%
Second Best
Retail
$1.66M
$1.46M – $1.94M
NOI $116,526 @ 7.0% cap · market cap 6.76%
Theoretical Best
Office A
$3.12M
$2.73M – $3.64M
NOI $218,609 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Two freestanding buildings on a 1-acre lot with remodeled 2024 interior space and rear workshop roll-up doors.
Where is this office units located?
The property is located at 4033 N 19TH AVE Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,725,000.
What are key features of this property?
This property features: Two freestanding retail/office buildings totaling about 10,310 SF on an approximately 1.01‑acre lot in Phoenix; Remodeled interior space in 2024; 19th Avenue frontage with C‑2 zoning (City of Phoenix)
