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Renovated Flex Industrial Property
For Sale
$775,000

427 S 31ST Avenue, Phoenix, AZ 85009

Fully renovated flex/industrial building with fenced yard access and a 12,000 lb 4-post car lift on a zoned A-2 lot.

Property Size708 SF
Price / SF$1,094
Days on Market108

Property Features for 427 S 31ST Avenue

General Information

Standard status Active
Size 708 SF
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $670

Building Details

Year Built 1947
Listing Agency: R.O.I. Properties
Listed By: Aaron Gutierrez · License #SA698660000
Source: Exitrealty
Added: May 21 Changed: Sep 1 Last Checked: Sep 4 at 1:05PM

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 R.O.I. Properties

Investment Insights

Based on property information with market context.

427 S 31st Ave is a fully renovated industrial flex property with flexible open space and high-end finishes, upgraded in 2025. The building includes a brand-new roof, a newly built kitchen and bathroom, and city utilities with additional stub-outs in place for practical tenant buildouts. The fenced yard access supports outdoor work needs, and the property is also improved with two shipping containers and a 12,000 lb 4-post car lift.

The property sits on a 10,400 SF lot zoned A-2 in Phoenix’s industrial core. This configuration is well suited for owner-users and trades-related operations seeking an updated facility with both indoor and yard functionality.

Key Highlights

  • Fully renovated 708 SF industrial/flex building on a 10,400 SF lot in Phoenix’s industrial core
  • Zoned A‑2 lot with fenced yard access
  • Upgraded in 2025 with a brand‑new roof and high‑end finishes

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Law Firm Gym & Fitness Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

947
Businesses Nearby
Under-served
Demand for This Use

Demographics for 85009, AZ

50,439
Population
14,873
Households
3.4
Avg Household Size
31
Median Age
7%
College-Educated
59%
High-School Grad
14.7 sq mi
ZIP Area
3,431
Density / Sq Mi
$51,615
Median Household Income
$29,674
Median Earnings
$1,128
Median Rent
$215,300
Median Home Value

Market

Vacancy Rate% for Industrial in Phoenix, AZ

6.8% 2019
8.1% 2020
5% 2021
4.4% 2022
8.9% 2023
12.2% 2024
12.7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Fully renovated flex/industrial building with fenced yard access and a 12,000 lb 4-post car lift on a zoned A-2 lot.
Where is this flex space located?
The property is located at 427 S 31ST Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Fully renovated 708 SF industrial/flex building on a 10,400 SF lot in Phoenix’s industrial core; Zoned A‑2 lot with fenced yard access; Upgraded in 2025 with a brand‑new roof and high‑end finishes
More about this property
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