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Property summary
This exceptional 4,814 square foot freestanding building in South Phoenix offers a unique blend of retail and industrial space, ideal for a single tenant. Located at 1612 E Southern Ave, Phoenix, AZ 85040, this Class C property features a secure yard, perfect for storage or contractor use. Its prime location on Southern Avenue provides excellent visibility, boosted by prominent building and monument signage. The building's flexible layout caters to diverse business needs, making it a versatile option for various operations. The property's proximity to downtown Phoenix (approximately 5 miles) offers easy access to the city's core and its vibrant business activity. This single-tenant occupancy presents a rare opportunity to establish a strong presence in a thriving South Phoenix submarket. The 4,814 square feet of space provides ample room for operations and storage, while the secure yard adds significant value for businesses requiring outdoor space. The high visibility location ensures maximum exposure to potential customers and clients. This property is classified as Flex space, suitable for a range of businesses seeking a combination of retail and industrial functionality. Don't miss this chance to secure a prominent location in a rapidly growing area.
Property profile
VerifiedCap rate & NOI
Current use
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Housing Development
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Phoenix market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Phoenix, AZThe purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose C-2 zone is to provide commercial uses of medium intensity designed to be compatible with each other and to provide for a wide range of types of commercial activity within the district
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Phoenix, AZ.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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