Warehouse
For Sale
Contact for pricing
514 E Southern Ave, Phoenix, AZ 85040
Industrial warehouse building for sale.
Property Size1,170 SF
Price / SF$149.57
Days on Market163
Property Features for 514 E Southern Ave
General Information
Standard status
Active
Size
1,170 SF
Property subtype
INDUSTRIAL
Listing Agency:
Menlo Group Commercial Real Estate
(480) 236-9511
Listed By:
Stuart Milne · License #SA697072000
(480) 236-9511
Source:
Moodyscre
Added: Feb 17
Changed: Jul 29
Last Checked: Jul 29 at 9:39PM
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 Menlo Group Commercial Real Estate
Investment Insights
Based on property information with market context.
Industrial warehouse building for sale at 514 E Southern Ave, Phoenix, AZ 85040. The property is 1,170 square feet.
Key Highlights
- 1,170 square feet industrial warehouse building
- 514 E Southern Ave, Phoenix, AZ 85040
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 | $11.9k | $10.20 |
| − Vacancy | −$1.4k | −$1.21 |
| EGI | $10.5k | $8.99 |
| − OpEx | −$1.6k | −$1.35 |
| NOI | $8.9k | $7.64 |
1,170 SF · lease $10.20/SF/yr · vacancy 11.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$127.7K
$111.7K – $149.0K
NOI $8,937 @ 7.0% cap · market cap 5.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$354.4K
$310.1K – $413.5K
NOI $24,808 @ 7.0% cap · market cap 14.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 85040, AZ
33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
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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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse building for sale.
Where is this warehouse located?
The property is located at 514 E Southern Ave Phoenix, AZ.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 1,170 square feet industrial warehouse building; 514 E Southern Ave, Phoenix, AZ 85040
