11200 Shangri La Rd Phoenix, AZ 85029
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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