Renovated Industrial Building with
For Sale
Contact for pricing
9602 N 7th St, Phoenix, AZ 85020
Renovated 5,917 SF industrial building with a gated yard and billboard income included.
Property Size5,917 SF
Price / SF$201.96
Days on Market538
Property Features for 9602 N 7th St
General Information
Standard status
Active
Size
5,917 SF
Property subtype
INDUSTRIAL
Zoning
C-2
Site & Location
Neighborhood
North Mountain
Fenced Yard
Yes
Building Details
Year Built
1950
Year Renovated
2024
Listing Agency:
Commercial Properties Inc
(480) 966-2301
Listed By:
Brandon Koplin · License #SA567178000
(602) 373-4717
Source:
Moodyscre
Added: May 8, 2025
Changed: Oct 25
Last Checked: Oct 26 at 8:07PM
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 Commercial Properties Inc
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Investment Insights
Based on property information with market context.
This for-sale industrial property includes a 5,917 SF building with a gated yard. The structure was built in 1950 and renovated in 2024. A billboard is included, generating $500 in monthly income. The property is currently tenant occupied with $6,000 monthly rent through 4Q 2026.
Zoned C-2 by the City of Phoenix, the site provides a 2.5/1,000 parking ratio. Access is along N 7th St and E Vogel Ave.
The property offers a straightforward, industrial-focused configuration with yard storage and additional income from the included billboard.
Zoned C-2 by the City of Phoenix, the site provides a 2.5/1,000 parking ratio. Access is along N 7th St and E Vogel Ave.
The property offers a straightforward, industrial-focused configuration with yard storage and additional income from the included billboard.
Key Highlights
- 5,917 SF industrial building in Phoenix, zoning C‑2 (City of Phoenix)
- Tenant occupied with $6,000 monthly rent through 4Q 2026
- Billboard included with $500 monthly income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,196
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,920
$903.9K
Cap Rate 7%
$645,657
$645.7K
Cap Rate 9%
$502,178
$502.2K
Market Conditions
NOI Build-Up for 5,917 SF
Gross rent
$60.4K $10.20/SF
− Vacancy
−$7.2K −$1.21/SF
EGI
$53.2K $8.99/SF
− OpEx
−$8.0K −$1.35/SF
NOI
$45.2K $7.64/SF
Area
Phoenix, AZ
Vacancy
11.90%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,920
Cap Rate 7%
$645,657
Cap Rate 9%
$502,178
Alternative Uses
Best Use
Warehouse
$645.7K
$565.0K – $753.3K
NOI $45,196 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,462 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,820
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85020, AZ
34,534
Population
18,231
Households
1.9
Avg Household Size
43
Median Age
43%
College-Educated
90%
High-School Grad
8.8 sq mi
ZIP Area
3,924
Density / Sq Mi
$78,412
Median Household Income
$48,230
Median Earnings
$1,389
Median Rent
$400,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Phoenix, AZ
Similar Off Market Nearby
- CubeSmart Self Storage — 533 E Dunlap Ave, Phoenix, AZ 85020
- Self-Storage at U-Haul — 9300 N Cave Creek Rd, Phoenix, AZ 85020
- North Phoenix Self Storage — 9850 N Cave Creek Rd, Phoenix, AZ 85020
- Mountain View Self Storage — 1208 E Mountain View Rd, Phoenix, AZ 85020
- Devon Self Storage — 1201 E Cinnabar Ave, Phoenix, AZ 85020
Frequently Asked Questions
What type of property is this?
Warehouse - Renovated 5,917 SF industrial building with a gated yard and billboard income included.
Where is this warehouse located?
The property is located at 9602 N 7th St Phoenix, AZ.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: 5,917 SF industrial building in Phoenix, zoning C‑2 (City of Phoenix); Tenant occupied with $6,000 monthly rent through 4Q 2026; Billboard included with $500 monthly income
