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    11200 Shangri La Rd Phoenix, AZ 85029

    For Sale
    $4,112,400

    17,017 SF Warehouse/Manufacturing Space

    Property size:
    17,017 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional Phoenix industrial property, encompassing 17,017 square feet, presents a compelling owner-user investment opportunity. Situated on a 0.92-acre lot in Maricopa County, the property is zoned I-1 and features a multi-tenant configuration. The address is 11200 N 21st Ave, and 2101 & 2115 W Shangri La Rd, Phoenix, AZ 85029. The asking price is $4,112,400. The property includes warehouse and manufacturing space, making it suitable for a variety of industrial uses. Parking is provided at a ratio of one space per 1,000 square feet. The property's Assessed Parcel Numbers (APNs) are 149-08-069A, 149-08-069B, and 149-08-069C. This versatile property offers significant potential for businesses seeking a strategic location in a thriving industrial area of Phoenix. Its size and zoning make it ideal for expansion or multi-faceted operations. The property's location provides easy access to major transportation routes, enhancing logistical efficiency. This is a rare opportunity to acquire a substantial industrial property in a prime Phoenix location.

    Property Features for 11200 Shangri La Rd

    General Information

    Property type
    Manufacturing properties
    Square Feet
    17,017 SF
    Lot Size
    40,075 SF

    HighLights

    • 17,017 SF industrial property in Phoenix, AZ, on a 0.92‑acre lot.
    • Multi‑tenant building with warehouse and manufacturing space, ideal for owner‑users.
    • Located at 11200 N 21st Ave, and 2101 & 2115 W Shangri La Rd, Phoenix, AZ 85029; APNs: 149‑08‑069A, 149‑08‑069B, and 149‑08‑069C.
    • I‑1 zoning in Maricopa County.
    • Asking price: $4,112,400; 1 parking space per 1,000 SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.10391474
    Latitude
    33.58796058

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    FAQs

    What type of property is this?
    Manufacturing property - 17,017 SF Warehouse/Manufacturing Space
    Where is this manufacturing property located?
    The property is located at 11200 Shangri La Rd Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $4,112,400.
    What are key features of this property?
    This property features: 17,017 SF industrial property in Phoenix, AZ, on a 0.92-acre lot.; Multi-tenant building with warehouse and manufacturing space, ideal for owner-users.; Located at 11200 N 21st Ave, and 2101 & 2115 W Shangri La Rd, Phoenix, AZ 85029; APNs: 149-08-069A, 149-08-069B, and 149-08-069C.
    Request Owner's contact information
    11200 Shangri La Rd Phoenix, AZ 85029
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    Phoenix, AZ 85029
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11200 Shangri La Rd Phoenix, AZ 85029
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