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    23320 18Th Dr Phoenix, AZ 85086

    For Sale
    $4,100,000

    11,533 SF Warehouse, Gated Yard, $4.1M

    Property size:
    11,533 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 11,533-square-foot industrial warehouse condo in Phoenix, Arizona, presents a compelling investment opportunity. Located at 23320 N 18th Dr, 85086, in Maricopa County, this single-tenant property boasts a spacious warehouse area with a fully sprinklered system and an insulated roof. Access is provided by two 14-foot grade-level roll-up doors, ensuring efficient loading and unloading. The property includes a generous 0.74-acre lot with a gated yard offering ample parking for 16 vehicles. The bright and airy office space features 10-foot ceilings, LED lighting, a kitchenette, and comfortable accommodations for employees and clients. The building benefits from evaporative cooling and is conveniently situated near the I-17 and 101 freeways, providing excellent access to major transportation routes. The asking price is $4,100,000, translating to $432.67 per square foot. Note that separate sales of the owner-occupied business and U-Haul business are also available.

    Property Features for 23320 18Th Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    11,533 SF
    Lot Size
    32,234 SF

    HighLights

    • Light, bright offices with A/C.
    • Kitchenette.
    • Gated yard.
    • Evaporative cooling.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quality Plush Wholesaler U-Haul Neighborhood Dealer Truck Rental Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0986526
    Latitude
    33.81789

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    FAQs

    What type of property is this?
    Distribution property - 11,533 SF Warehouse, Gated Yard, $4.1M
    Where is this distribution property located?
    The property is located at 23320 18Th Dr Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $4,100,000.
    What are key features of this property?
    This property features: Light, bright offices with A/C.; Kitchenette.; Gated yard.
    Request Owner's contact information
    23320 18Th Dr Phoenix, AZ 85086
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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
    23320 18Th Dr Phoenix, AZ 85086
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