Property profile

102 Maricopa Fwy Phoenix, AZ 85003

OFF-MARKET
Office buildings
Property ID
US07-0040056
512 SF 0.45 ac lot Built 1985
Entity Owned 14-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

102 Maricopa Fwy Phoenix, AZ 85003-3200
Phoenix metro Census 114900 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$210k

Owner & transaction history

since 2011
4 recorded transactions
2011
$270,000
2011
$255,000
2005
$346,605
1988
$187,630

Zoning & alternative use

A-1 · Phoenix, AZ
Zoning description

The purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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