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    OFF-MARKET
    Office buildings

    102 Maricopa Fwy, Phoenix, AZ 85003-3200

    512 SF 0.45 ac lot Built 1985
    Entity Owned 14-yr Hold ~ Est. High Equity
    Property ID
    US07-0040056
    Property summary
    AI-generated overview

    This exceptional 9,363-square-foot property, located at 102 W. Maricopa Fwy in Phoenix, Arizona, presents a unique opportunity for a single tenant. The building, constructed in 1985, seamlessly blends executive office space with warehouse functionality. The spacious layout offers a total of 9,363 square feet of vacant space, ready for immediate occupancy. The property sits on a 0.45-acre lot and boasts impressive ceiling heights ranging from 16 to 18 feet, providing ample vertical space for storage or specialized equipment. Fifteen parking spaces are available for employees and clients. The building is equipped with robust 200-amp, 3-phase power, ensuring sufficient electrical capacity for various business needs. The property is zoned A-1 by the City of Phoenix, offering flexibility for a range of commercial uses. This versatile property is ideal for businesses requiring both office and warehouse space in a convenient Phoenix location, with easy access to major transportation routes. The entire building is available for lease. The zip code is 85003.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1985
    Construction CONCRETE
    Total area 512 SF
    Lot 0.45 ac (19,753 SF)
    Zoning code A-1
    APN 112-43-027A
    UPID US07-0040056
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • AZ Speed Center Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Martensen Holdings II LLC · 14 yrs held
    Martensen Holdings II LLC
    since 2011
    4 recorded transactions
    2011
    $270,000
    2011
    $255,000
    2005
    $346,605
    1988
    $187,630
    Zoning & alternative use
    A-1 · Phoenix, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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