Single-Story Light Industrial
4131 E University Drive Phoenix, AZ 85034
4131 E University Drive, Phoenix, AZ, 85034
$925,000
For Sale
$925,000
4,920-square-foot warehouse with 14-foot clear height, one roll-up door, and a small finished office on a paved lot.
Property Size4,920 SF
Lot Size0.18 Acres
Price / SF$188.01
Days on Market42
Property Features for 4131 E University Drive
General Information
- Standard status
- Active
- Size
- 4,920 SF
- Lot size
- 0.18 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing agency
Montebello Fine Properties
(602) 697-5139
Listed by
Dana L Dearien
(602) 697-5139
Source
Sunhaven-realestate
Added: Jun 12 Updated: Jul 22 at 3:25PM Checked: Jul 22 at 3:25PM
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 Montebello Fine Properties
Investment Insights
Based on property information with market context.
This well-located light industrial property includes a 4,920-square-foot, single-story warehouse building originally constructed in 1970. The structure is built with masonry block and corrugated steel on a reinforced concrete foundation, offering 14-foot clear ceiling height. The building includes one roll-up door, a small finished office area, and one restroom. A small unfinished storage mezzanine is also included.
The property sits on a 0.183-acre lot and provides ample parking in the front along with an additional paved area. It is zoned A-1 Light Industrial by the City of Phoenix.
For sale with drive-by only instructions due to a current tenant, the listing notes repairs are needed and reflects that in the pricing.
The property sits on a 0.183-acre lot and provides ample parking in the front along with an additional paved area. It is zoned A-1 Light Industrial by the City of Phoenix.
For sale with drive-by only instructions due to a current tenant, the listing notes repairs are needed and reflects that in the pricing.
Key Highlights
- 4,920 SF single‑story light industrial warehouse built in 1970
- 14‑foot clear ceiling height and one roll‑up door
- Includes a small finished office area and one restroom
Local Financial Insights For Warehouse
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 | $50.2k | $10.20 |
| − Vacancy | −$6.0k | −$1.21 |
| EGI | $44.2k | $8.99 |
| − OpEx | −$6.6k | −$1.35 |
| NOI | $37.6k | $7.64 |
4,920 SF · lease $10.20/SF/yr · vacancy 11.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$536.9K
$469.8K – $626.3K
NOI $37,580 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,322 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Comet Car
Car Wash
Eleven's Paint - Free ...
Auto Repair Shop
Elevens' Paint & Fiber
Car Wash
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FAQs
What type of property is this?
Warehouse - 4,920-square-foot warehouse with 14-foot clear height, one roll-up door, and a small finished office on a paved lot.
Where is this warehouse located?
The property is located at 4131 E University Drive Phoenix, AZ.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 4,920 SF single‑story light industrial warehouse built in 1970; 14‑foot clear ceiling height and one roll‑up door; Includes a small finished office area and one restroom
