Mixed-Use Property
For Sale
Contact for pricing
3015 E Baseline Rd, Phoenix, AZ 85042
Mixed-use property for sale with commercial potential.
Property Size2,292 SF
Price / SF$414.49
Days on Market1538
Property Features for 3015 E Baseline Rd
General Information
Standard status
Active
Size
2,292 SF
Property subtype
Mixed Use
Zoning
MUA, City of Phoenix
Site & Location
Neighborhood
South Mountain
Listing Agency:
Citywide Commercial Real Estate
Listed By:
Todd Hamilton · License #AZ 113954000
(602) 909-8759
Source:
Crexi
Added: Aug 10, 2022
Changed: Oct 16
Last Checked: Oct 24 at 4:04PM
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 Citywide Commercial Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property, located in Phoenix, Arizona, offers 2292 square feet of space. It is currently listed for sale.
Key Highlights
- No property information was provided to extract selling points.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,223
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,460
$584.5K
Cap Rate 7%
$417,471
$417.5K
Cap Rate 9%
$324,700
$324.7K
Market Conditions
NOI Build-Up for 2,292 SF
Gross rent
$55.0K $24.00/SF
− Vacancy
−$8.3K −$3.60/SF
EGI
$46.8K $20.40/SF
− OpEx
−$17.5K −$7.65/SF
NOI
$29.2K $12.75/SF
Area
Phoenix, AZ
Vacancy
15.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,460
Cap Rate 7%
$417,471
Cap Rate 9%
$324,700
Alternative Uses
Best Use
Mixed Use
$417.5K
$365.3K – $487.1K
NOI $29,223 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$694.3K
$607.5K – $810.0K
NOI $48,599 @ 7.0% cap · market cap 5.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
200
Businesses Nearby
Explore this area
Business Placement
Demographics for 85042, AZ
45,433
Population
16,139
Households
2.8
Avg Household Size
35
Median Age
32%
College-Educated
82%
High-School Grad
19.4 sq mi
ZIP Area
2,342
Density / Sq Mi
$86,837
Median Household Income
$46,897
Median Earnings
$1,495
Median Rent
$353,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property for sale with commercial potential.
Where is this mixed-use property located?
The property is located at 3015 E Baseline Rd Phoenix, AZ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: No property information was provided to extract selling points.
