Mixed-Use Property with Rear
4155 W Whitton Avenue, Phoenix, AZ 85019
For Sale
$750,000
Two kitchen-equipped living areas and three serviced rear buildings provide distinct components within the A1-zoned property.
Property Size3,928 SF
Price / SF$190.94
Days on Market245
Property Features for 4155 W Whitton Avenue
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
DeLex Realty
(602) 910-3002
Listed By:
John Paul Hernandez Mendoza · License #SA673937000
(602) 515-6575
Source:
Azhomeseekers
Added: Mar 10
Changed: Nov 8
Last Checked: Nov 8 at 2:21PM
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 DeLex Realty
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Investment Insights
Based on property information with market context.
This A1-zoned mixed-use property includes two residential areas: one with two bedrooms, a den, a full kitchen, living room and full bathroom, and another with three bedrooms and a full kitchen. The property also has two laundry rooms. Three detached buildings at the rear have electricity and water and are described as suitable for storage or additional space. Interior remodeling, newer electrical work, LED lighting and iron security features on windows and doors are reported. The roof is maintained. The property was built in 1960, and the left side is currently leased.
Key Highlights
- A1 zoning
- Two residential areas with 2- and 3‑bedroom layouts
- Three rear buildings have electricity and water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,082
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,001,640
$1.0M
Cap Rate 7%
$715,457
$715.5K
Cap Rate 9%
$556,467
$556.5K
Market Conditions
NOI Build-Up for 3,928 SF
Gross rent
$94.3K $24.00/SF
− Vacancy
−$14.1K −$3.60/SF
EGI
$80.1K $20.40/SF
− OpEx
−$30.0K −$7.65/SF
NOI
$50.1K $12.75/SF
Area
Phoenix, AZ
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,001,640
Cap Rate 7%
$715,457
Cap Rate 9%
$556,467
Alternative Uses
Best Use
Mixed Use
$715.5K
$626.0K – $834.7K
NOI $50,082 @ 7.0% cap · market cap 6.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,288 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
849
Businesses Nearby
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Business Placement
Demographics for 85019, AZ
27,677
Population
8,127
Households
3.4
Avg Household Size
29
Median Age
11%
College-Educated
67%
High-School Grad
3.7 sq mi
ZIP Area
7,480
Density / Sq Mi
$58,767
Median Household Income
$34,354
Median Earnings
$1,342
Median Rent
$255,700
Median Home Value
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Market
Properties on Market for Mixed-use properties in Maricopa County
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two kitchen-equipped living areas and three serviced rear buildings provide distinct components within the A1-zoned property.
Where is this mixed-use property located?
The property is located at 4155 W Whitton Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: A1 zoning; Two residential areas with 2- and 3‑bedroom layouts; Three rear buildings have electricity and water
