Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $4,065,000
    Flex space

    16121 78th St, Scottsdale, AZ 85260-1213

    13,081 SF 1.05 ac lot Built 1998
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US07-0548377
    Property summary
    AI-generated overview

    This exceptional 13,081-square-foot warehouse, situated on a 1.05-acre lot in Scottsdale, Arizona, presents a compelling owner-user opportunity. Built in 2000, this Class B industrial property boasts a single-story design with a welcoming foyer, four or five private offices, a large conference room, and expansive open work space. The property includes a substantial main kitchen with ample counter space and cabinetry, plus a smaller kitchenette in a separate flex area. A built-in bar with granite countertops adds a unique feature. Multiple restrooms and an IT room cater to diverse needs. Two large warehouse areas are climate-controlled, equipped with two 12x12 roll-up doors (one motorized, one manual), and a shop office. The property offers excellent signage visibility on 78th Street and features 43 parking spaces (20 covered, 21 open, 2 handicap). The electrical service is robust at 1200 amps, 3-phase, 4-wire. The property is zoned I-1 (Light Industrial) and has an APN of 215-47-004R. This well-appointed warehouse is ideal for a business seeking a functional and versatile space with ample room for operations and office functions. The combination of office and warehouse space, along with the generous parking, makes this a highly desirable property.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1998
    Construction CONCRETE
    Total area 13,081 SF
    Lot 1.05 ac (45,912 SF)
    Zoning code I-1
    APN 215-47-004R
    UPID US07-0548377
    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
    • Nexus 21 Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.98M
    Blend (final) Blend
    $4.07M
    Owner & transaction history
    Jrk 78th St LLC · 1 yrs held
    Jrk 78th St LLC
    since 2024
    Last sale
    $5.2M
    7 recorded transactions
    2024
    $5.2M
    2024
    2021
    2018
    2010
    $975,000
    1998
    $367,160
    1969
    Zoning & alternative use
    I-1 · Scottsdale, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $6.4M +262.2%
    Retail stores $6.0M +241.1%
    Auto repair, garage $5.4M +205.2%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 16121 78th St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message