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    1601 Madison St Phoenix, AZ 85034

    Sponsored
    For Lease
    $9 SF/Yr ($9,135 /Mo)

    Phoenix Industrial Building - 12,181 SF

    Lot size:
    12,181 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,181-square-foot industrial property presents a unique investment opportunity in a prime Phoenix location. Situated on a 0.68-acre lot, the building boasts a versatile design suitable for various industrial uses, including manufacturing, refrigerated/cold storage, warehousing, distribution, and flex space. The single-tenant occupancy offers streamlined management and potential for long-term lease stability. The property features a 12-foot ceiling height, providing ample vertical space for storage and operations. Its convenient location offers easy access to downtown Phoenix and the airport, ensuring efficient transportation and logistics. A significant advantage is the large fenced yard, providing ample secure outdoor space for vehicle parking and equipment storage. The property is zoned C3, offering flexibility for a range of industrial and commercial uses. The APN is 115-05-138, and the cross street is 16th Street. This property is ideal for businesses seeking a well-located, functional, and spacious industrial facility in a thriving urban area. The combination of size, location, and versatile zoning makes this an attractive option for a variety of industrial operations. The substantial fenced yard adds significant value for businesses requiring ample outdoor space. This is a rare opportunity to acquire a well-maintained and strategically positioned industrial property in a high-demand market.

    Property Features for 1601 Madison St

    General Information

    Property type
    Refrigerated & Cold Storages
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,181 SF
    Total Rate
    9135.75

    Unit(s) available at that property

    Space
    Size
    12,181 SF
    Rate per SF
    $9

    HighLights

    • Retail, industrial, and special purpose property totaling 12,181 square feet.
    • Single‑tenant occupancy.
    • 12‑foot ceiling height.
    • Situated on a 0.68‑acre lot with a large fenced yard.
    • Zoned C3.
    • APN: 115‑05‑138.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aztec Specialty Produce Food Products Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.04725036338
    Latitude
    33.445405041965

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    FAQs

    What type of property is this?
    Refrigerated / Cold Storage - Phoenix Industrial Building - 12,181 SF
    Where is this refrigerated / cold storage located?
    The property is located at 1601 Madison St Phoenix, AZ.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Retail, industrial, and special purpose property totaling 12,181 square feet.; Single-tenant occupancy.; 12-foot ceiling height.
    Request Owner's contact information
    1601 Madison St Phoenix, AZ 85034
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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
    1601 Madison St Phoenix, AZ 85034
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