Storefront Property with Monument
For Sale
Contact for pricing
4409 W Indian School Rd, Phoenix, AZ 85031
C-1-zoned commercial property with on-site parking and a full interior renovation requirement.
Property Size4,760 SF
Price / SF$188.03
Days on Market192
Property Features for 4409 W Indian School Rd
General Information
Standard status
Active
Size
4,760 SF
Property subtype
Retail
Zoning
C-1 - Commercial & Neighborhood Retail (City of Phoenix)
Investment Type
Value Add
Property Condition
Severity
Major Repairs Needed
Evidence
requires a full interior renovation
Amenities
monument signage
on-site parking
Building Details
Year Built
1977
Listing Agency:
MHG Commercial
Listed By:
Nicholas Skogen · License #SA669539000
(602) 750-6986
Source:
Crexi
Added: Apr 6
Changed: Oct 11
Last Checked: Oct 12 at 9:15PM
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 MHG Commercial
Investment Insights
Based on property information with market context.
This 4,760-square-foot storefront property was built in 1977 and includes monument signage and on-site parking. The building requires a full interior renovation, allowing the future configuration to be tailored to the intended commercial use.
The property is located at 4409 W Indian School Rd in Phoenix, Arizona, within West Phoenix. Indian School Road connects surrounding neighborhoods and commercial areas, while the site offers access to major transportation routes. C-1 zoning supports commercial and neighborhood retail use.
The property is located at 4409 W Indian School Rd in Phoenix, Arizona, within West Phoenix. Indian School Road connects surrounding neighborhoods and commercial areas, while the site offers access to major transportation routes. C-1 zoning supports commercial and neighborhood retail use.
Key Highlights
- 4,760‑square‑foot storefront property
- C‑1 – Commercial & Neighborhood Retail zoning
- Built in 1977
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,798
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,960
$1.1M
Cap Rate 7%
$768,543
$768.5K
Cap Rate 9%
$597,756
$597.8K
Market Conditions
NOI Build-Up for 4,760 SF
Gross rent
$85.7K $18.00/SF
− Vacancy
−$8.8K −$1.85/SF
EGI
$76.9K $16.15/SF
− OpEx
−$23.1K −$4.84/SF
NOI
$53.8K $11.30/SF
Area
Phoenix, AZ
Vacancy
10.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,960
Cap Rate 7%
$768,543
Cap Rate 9%
$597,756
Alternative Uses
Best Use
Retail
$768.5K
$672.5K – $896.6K
NOI $53,798 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M
NOI $100,929 @ 7.0% cap · market cap 11.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
781
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85031, AZ
31,162
Population
8,816
Households
3.5
Avg Household Size
29
Median Age
8%
College-Educated
64%
High-School Grad
4.1 sq mi
ZIP Area
7,600
Density / Sq Mi
$59,641
Median Household Income
$36,097
Median Earnings
$1,503
Median Rent
$240,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Phoenix, AZ
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Similar Off Market Nearby
- UNIVERSAL FLOWERS LLC — 4533 N 50th Dr, Phoenix, AZ 85031
Frequently Asked Questions
What type of property is this?
Storefront property - C-1-zoned commercial property with on-site parking and a full interior renovation requirement.
Where is this storefront property located?
The property is located at 4409 W Indian School Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 4,760‑square‑foot storefront property; C‑1 – Commercial & Neighborhood Retail zoning; Built in 1977
