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    FOR SALE
    Strip malls

    1612 E Southern Ave, Phoenix, AZ 85040

    4,178 SF 0.34 ac lot Built 1955
    Entity Owned ~ Est. High Equity
    Property ID
    US07-0347385
    Property summary
    AI-generated overview

    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
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1955
    Construction CONCRETE
    Total area 4,178 SF
    Lot 0.34 ac (14,854 SF)
    Zoning code C-2
    APN 122-49-175
    UPID US07-0347385
    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
    • South Phoenix Integrity House Housing Development
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $652k
    Blend (final) Blend
    $645k
    Owner & transaction history
    Ern Douglas Properties LLC
    Ern Douglas Properties LLC
    since 2025
    7 recorded transactions
    2025
    2023
    $800,000
    2021
    $269,000
    2017
    $241,000
    2010
    2004
    2002
    $250,000
    Zoning & alternative use
    C-2 · Phoenix, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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