Air-Conditioned Industrial
For Sale
Contact for pricing
4224 W Indian School Rd., Phoenix, AZ 85019
Air-conditioned industrial warehouse on 3.81 acres with yard access, 16-foot clear height, and four drive-in doors.
Property Size45,000 SF
Lot Size3.81 Acres
Price / SF$216.67
Days on Market104
Property Features for 4224 W Indian School Rd.
General Information
Standard status
Active
Size
45,000 SF
Total Parking Spaces
175
Lot size
3.81 Acres
Property subtype
Retail, Industrial, Mixed Use
Zoning
A-2/C-3, Phoenix
Investment Type
Owner/User
Site & Location
Neighborhood
Alhambra
Highway Access
Yes
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
4
Conditioned Warehouse
Yes
Building Details
Year Built
1984
Year Renovated
2022
Buildings
1
Building Size
45,000 SF
Listing Agency:
DAUM Commercial Real Estate Services Phoenix
Listed By:
Carter Wilson, SIOR, CCIM · License #AZ BR663255000
(480) 225-1992
Source:
Crexi
Added: Jul 18
Changed: Oct 25
Last Checked: Oct 28 at 7:13AM
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 DAUM Commercial Real Estate Services Phoenix
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This air-conditioned industrial warehouse at 4224 W. Indian School Rd. offers approximately 45,000 square feet of industrial space on approximately 3.81 acres of land. The building features wrap-around access and yard, a 16' clear height, and four drive-in doors. With 175 surface parking spaces, the property is designed to support day-to-day distribution and logistics operations. The facility was built in 1984 and is zoned A-2/C-3.
The property is located in Phoenix, Arizona, and is in close proximity to the 60 Freeway.
Key onsite attributes include full air conditioning, yard-style layout with wrap-around access, and ample surface parking to accommodate crews, deliveries, and customer or vendor vehicles.
The property is located in Phoenix, Arizona, and is in close proximity to the 60 Freeway.
Key onsite attributes include full air conditioning, yard-style layout with wrap-around access, and ample surface parking to accommodate crews, deliveries, and customer or vendor vehicles.
Key Highlights
- Approximately 45,000 SF air‑conditioned industrial space
- Approximately 3.81 acres with wrap‑around access and yard
- 16' clear height for warehouse operations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$343,722
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,874,440
$6.9M
Cap Rate 7%
$4,910,314
$4.9M
Cap Rate 9%
$3,819,133
$3.8M
Market Conditions
NOI Build-Up for 45,000 SF
Gross rent
$459.0K $10.20/SF
− Vacancy
−$54.6K −$1.21/SF
EGI
$404.4K $8.99/SF
− OpEx
−$60.7K −$1.35/SF
NOI
$343.7K $7.64/SF
Area
Phoenix, AZ
Vacancy
11.90%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,874,440
Cap Rate 7%
$4,910,314
Cap Rate 9%
$3,819,133
Alternative Uses
Best Use
Warehouse
$4.91M
$4.30M – $5.73M
NOI $343,722 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.63M
$11.93M – $15.90M
NOI $954,162 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16 ft
Clear height
4
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
976
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Phoenix, AZ
Similar Off Market Nearby
- Storage Garage Rentals — 3611 N 36th Ave, Phoenix, AZ 85019
- Near2Me Self Storage Units — 4140 W Indian School Rd a, Phoenix, AZ 85019
- Devon Self Storage — 4010 W Indian School Rd, Phoenix, AZ 85019
- Near2Me Storage Units — 4010 w indian school rd, phoenix, az 85019
- Key Storage - Indian School Road — 4002 W Indian School Rd, Phoenix, AZ 85019
Frequently Asked Questions
What type of property is this?
Warehouse - Air-conditioned industrial warehouse on 3.81 acres with yard access, 16-foot clear height, and four drive-in doors.
Where is this warehouse located?
The property is located at 4224 W Indian School Rd. Phoenix, AZ.
What is the asking price?
The asking price for this property is $9,750,000.
What are key features of this property?
This property features: Approximately 45,000 SF air‑conditioned industrial space; Approximately 3.81 acres with wrap‑around access and yard; 16' clear height for warehouse operations
