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 Market13
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
Warehouse & Industrial
Clear Height
16 ft
Drive-In Doors
4
Conditioned Warehouse
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1984
Building Size
45,000 SF
Listing Agency:
DAUM Commercial Real Estate Services Phoenix
(480) 225-1992
Listed By:
Carter Wilson, SIOR, CCIM · License #AZ BR663255000
Source:
Crexi
Added: Jul 18
Changed: Jul 29
Last Checked: Jul 30 at 3:47AM
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
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 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 | $459.0k | $10.20 |
| − Vacancy | −$54.6k | −$1.21 |
| EGI | $404.4k | $8.99 |
| − OpEx | −$60.7k | −$1.35 |
| NOI | $343.7k | $7.64 |
45,000 SF · lease $10.20/SF/yr · vacancy 11.90% · expense 15.00%
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.
Property 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
Market
Vacancy Rate% for Industrial in Phoenix, AZ
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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- 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
