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    1002 S 56Th Ave Phoenix, AZ 85043

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    1002 S 56Th Ave Phoenix, AZ 85043


    • Distribution centers
    • 117,993 SF
    • 1.83 lot acres
    Phoenix Distribution Facility with Loop Access For Lease
    $37,450,000
    118,210 SF

    Phoenix Distribution Facility with Loop Access

    118,210 SF Phoenix distribution facility with direct Loop 202 access.

    1002 S 56th Ave |, Phoenix, AZ 85043
    View Listing
    Property ID
    US07-1097145
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Seeley International (Americas) / Production Facility
    • Fred Jones / Auto Parts Store
    • New Haven Moving Equipment / Moving Company

    Property Details for 1002 S 56Th Ave

    Year built
    1985
    Construction
    CONCRETE
    Lot size
    1.83 lot acres
    Property size
    117,993 SF
    Zone code
    A-1
    Property type
    Distribution centers
    APN
    104-19-012
    APU
    10419012

    Description

    This exceptional industrial property, known as Freeport Center, presents a significant leasing opportunity in Maricopa County, Arizona. The warehouse building, constructed in 1985, boasts a substantial 118,210 square feet of space, currently featuring 21,383 square feet available for lease. The building is zoned A-1 by the City of Phoenix, offering flexibility for a variety of industrial uses. The high ceilings, measuring 24 feet, provide ample vertical space for storage and operations. Four loading docks ensure efficient loading and unloading of goods, streamlining logistical processes. The property is a single-tenant building, providing a unique opportunity for a business seeking a dedicated and expansive warehouse space. This location in Maricopa County offers excellent access to major transportation routes, facilitating seamless distribution and delivery. The available space presents a chance to establish a significant presence in a thriving industrial area. The building's size and features make it ideal for businesses requiring substantial storage capacity and efficient operational flow. Interested parties are encouraged to inquire about this exceptional leasing opportunity. The property's strategic location and functional design make it a compelling option for businesses seeking to expand or relocate their operations.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $37,832,000
      Market price range: $17.4M - $68.5M
      AI Estimate
      $37,070,000
      Market price range: $16.0M - $68.5M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $38,675,000
      Current use
      AUTO REPAIR, GARAGE
      $49,860,000
      Change: +29% Conversion: Easy
      OFFICE BUILDING
      $35,410,000
      Change: -8% Conversion: Difficult
      RETAIL STORES
      $35,160,000
      Change: -9% Conversion: Moderate
      MEDICAL BUILDING
      $31,320,000
      Change: -19% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.181
    Latitude
    33.4386
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $67,882
    $0.00
    $0.00
    $1,672,424
    -
    $445,700
    $9,690,200
    $10,135,900
    View Listing
    More about this property
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