Former School Property for
For Sale
$1,155,000
Pending
7318 W LYNWOOD Street, Phoenix, AZ 85035
The property supports owner-user, redevelopment, and contractor-yard applications under IND PK zoning.
Property Size5,520 SF
Days on Market544
Property Features for 7318 W LYNWOOD Street
General Information
Standard status
Pending
Size
5,520 SF
Property subtype
Commercial/Industrial
Zoning
IND PK
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Sprinkler System
Yes
Land Use
industrial, contractor's yard, redevelopment
Building Details
Year Built
1986
Listing Agency:
Cutler Commercial
Listed By:
Jim M Lieberthal · License #BR516852000
(602) 955-3500
Source:
Exitrealty
Added: Apr 23, 2025
Changed: Sep 2
Last Checked: Sep 15 at 6:08AM
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 Cutler Commercial
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Investment Insights
Based on property information with market context.
This former school property contains 5,520 square feet and was constructed in 1986. The building is fire-sprinklered and positioned for potential industrial conversion, with owner-user, redevelopment, and contractor-yard applications identified for the site. The reported building area is based on CoStar and should be verified by the buyer.
Located at 7318 W Lynwood Street in Phoenix, the property has frontage along McDowell Road and sits just off the I-10 and 75th Avenue interchange area. The property may also be sold with 7308 W. Lynwood St; inquiries regarding that arrangement should be directed to the listing brokers.
Located at 7318 W Lynwood Street in Phoenix, the property has frontage along McDowell Road and sits just off the I-10 and 75th Avenue interchange area. The property may also be sold with 7308 W. Lynwood St; inquiries regarding that arrangement should be directed to the listing brokers.
Key Highlights
- 5,520‑square‑foot former school property
- IND PK zoning
- Fire‑sprinklered building constructed in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,723
Cap Rate
3.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,460
$694.5K
Cap Rate 7%
$496,043
$496.0K
Cap Rate 9%
$385,811
$385.8K
Market Conditions
NOI Build-Up for 5,520 SF
Gross rent
$56.3K $10.20/SF
− Vacancy
−$6.7K −$1.21/SF
EGI
$49.6K $8.99/SF
− OpEx
−$14.9K −$2.70/SF
NOI
$34.7K $6.29/SF
Area
Phoenix, AZ
Vacancy
11.90%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$694,460
Cap Rate 7%
$496,043
Cap Rate 9%
$385,811
Alternative Uses
Best Use
Industrial
$496.0K
$434.0K – $578.7K
NOI $34,723 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,044 @ 7.0% cap · market cap 10.13%
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
Lease Details
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
Explore this area
Business Placement
Demographics for 85035, AZ
51,441
Population
15,868
Households
3.2
Avg Household Size
28
Median Age
10%
College-Educated
66%
High-School Grad
5.6 sq mi
ZIP Area
9,186
Density / Sq Mi
$57,790
Median Household Income
$34,363
Median Earnings
$1,390
Median Rent
$244,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
School - The property supports owner-user, redevelopment, and contractor-yard applications under IND PK zoning.
Where is this school located?
The property is located at 7318 W LYNWOOD Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,155,000.
What are key features of this property?
This property features: 5,520‑square‑foot former school property; IND PK zoning; Fire‑sprinklered building constructed in 1986
