1617 Jefferson St Phoenix, AZ 85034
- Warehouses
- 4,867 SF
- 0.16 lot acres
Current Use by Public Records
- Vazquez Multiservices LLC / Car Detailing Service
- LifeSafer Ignition Interlock / Safety Equipment Supplier
- Smart Start Ignition Interlock / Safety Equipment Supplier / Car Inspection Station
- J&M Family Automotive, llc / Auto Repair Shop / Car Dealer
- Quickstart Ignition Interlock / Safety Equipment Supplier
Property Details for 1617 Jefferson St
- Year built
- 1965
- Construction
- CONCRETE
- Lot size
- 0.16 lot acres
- Property size
- 4,867 SF
- Zone code
- C-G
- Property type
- Warehouses
- APN
- 115-05-058
- APU
- 11505058
Description
This exceptional investment opportunity presents a 4,867-square-foot industrial flex warehouse located at 1617 E Jefferson Street, Phoenix, Arizona, 85034. The property boasts a strong 6.00% cap rate, generating a net operating income (NOI) of $75,600 annually. Currently 100% occupied with a lease extending through August 2028, this asset offers predictable cash flow and long-term stability. The building features desirable characteristics for industrial users, including two 10'H x 12'W grade-level dock high doors, an 11-foot clear ceiling height, and evaporative cooling. Situated on a fully fenced 0.32-acre lot, the property benefits from convenient access to the I-10 Freeway, enhancing its logistical appeal. Zoned C-3 and located within an Opportunity Zone, this property presents significant potential for future appreciation. The land value is $258.88 per square foot. The property's APN is 115-05-059 & 115-05-0588. This is a turnkey investment ideal for those seeking a stable, high-yielding industrial asset in a prime Phoenix location. The asking price is $1,260,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $820,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $825,000
- 6.5%
- $800,000
- 7%
- $780,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $760,000
- Geo Method
- $840,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $980,000
- Retail
- $815,000
- Mixed-Use
- $810,000
- Hospitality
- $835,000
- Educational
- $840,000
- Residential Income
- $915,000
- Energy
- $720,000
- Income-Based Land
- $805,000
- Food Service
- $985,000
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.047
- Latitude
- 33.4469
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
