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1600 Central Ave Phoenix, AZ 85004-2821

OFF-MARKET Warehouses Google Maps
14,934 SF 2.11 ac lot Built 2007
Entity Owned ~ Est. High Equity
Estimated value (blended)
$730k
Range $657k – $803k (±10%)
Property ID US07-3480990

Property summary

AI-generated overview

This exceptional 17,442-square-foot industrial warehouse, constructed in 2007, presents a prime opportunity in Maricopa County. Currently offering 2,350 square feet of immediately available space, this multi-tenant building boasts a highly desirable location on Central Avenue, ensuring excellent visibility and accessibility for businesses. The spacious layout offers versatility, suitable for a range of warehouse and distribution needs. The existing tenant is seeking to sublease a portion of their space, creating an ideal chance for a smaller business to establish a presence in this thriving area. The property's strategic location makes it an attractive option for businesses seeking high traffic exposure and convenient access for clients and customers. The year 2007 construction ensures modern building systems and functionality. This is a rare opportunity to secure warehouse space in a high-demand location with immediate occupancy potential. The available space is perfect for a showroom or office user looking for a high-visibility location. Don't miss this chance to secure your business's future in this prime Maricopa County location. The property's size and layout provide ample room for expansion or customization to meet specific business requirements.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2007
Total area 14,934 SF
Lot 2.11 ac (91,929 SF)
Zoning code C-3
APN 112-38-077A
UPID US07-3480990

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
  • Industrial Manufacturer Production Facility
  • Waste Management Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.78M
Blend (final) Blend
$730k

Owner & transaction history

since 2025
Last sale
$4.7M
4 recorded transactions
2025
$4.7M
2023
Price N/A
2007
Price N/A
2007
Price N/A

Zoning & alternative use

C-3 · Phoenix, AZ
Zoning description

The purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community

General category COMMERCIAL
Top alternative use upside
Restaurant $8.0M +105.8%
Auto repair, garage $6.3M +62.8%
Office building $4.5M +16.5%

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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