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Property profile & analytics

1502 29th Ave Phoenix, AZ 85009-3534

  • Warehouses
  • 9,120 SF
  • 0.53 lot acres
OFF-MARKET
Last Sale
Jun 04, 2021
$1,100,000
Value Estimations
$1,115,000
Show details
Cap Rate Potential
5.9%
Warehouses
Location Intelligence
Property ID
US07-0536056
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.

Current Use by Public Records

  • Arrowhead Deck and Pools, LLC / Swimming Pool Contractor / Swimming Pool Repair Service

Property Details for 1502 29th Ave

Year built
1980
Construction
CONCRETE
Lot size
0.53 lot acres
Property size
9,120 SF
Zone code
I-P
Property type
Warehouses
APN
109-08-028
APU
10908028

Description

This exceptional owner-user industrial property, located at 1502 N. 29th Ave, Phoenix, AZ 85009, presents a compelling investment opportunity. The single-story, 9,120 square foot building sits on a 21,780 square foot lot and was constructed in 1980. Zoned I-P, it offers versatile usage as a distribution center, manufacturing facility, or warehouse. The building features a desirable 18-foot clear ceiling height, perfect for various industrial applications. Access is facilitated by three 12' wide x 10' high drive-in doors, eliminating the need for loading docks. Ample parking is provided with 20 spaces on-site. The property's convenient location offers easy access to the I-10 freeway, ensuring efficient transportation and logistics. This well-maintained building presents a rare opportunity to acquire a functional and strategically located industrial space in a thriving Phoenix market. The property's single-tenant occupancy simplifies management and provides a stable investment. The asking price is $2,000,000. The APN is 109-08-028. This is a fantastic opportunity for businesses seeking a functional and well-located industrial space in Phoenix.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,180,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $1,160,000
    6.5%
    $1,070,000
    7%
    $995,000

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


Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-112.122
Latitude
33.465
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
2022
$13,386
$0.00
$0.00
$145,910
-
$182,100
$702,200
$884,300
More about this property
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