Property profile

16939 Colony Dr Fountain Hills, AZ 85268

OFF-MARKET
Flex space
Property ID
US07-1380080
15,761 SF 0.43 ac lot Built 1984
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1984
Construction CONCRETE
Total area 15,761 SF
Lot 0.43 ac (18,615 SF)
Zoning code C-3
APN 176-08-085
UPID US07-1380080

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
  • Gym & Fitness Center
  • Auto Parts Store Security Service

Location

16939 Colony Dr Fountain Hills, AZ 85268-4645
Fountain Hills metro Census 216820 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.17M
Blend (final) Blend
$520k

Owner & transaction history

since 2025
2 recorded transactions
2025
$2.0M
2020
Price N/A

Zoning & alternative use

C-3 · Fountain Hills, AZ
Zoning description

Town of Fountain Hills Zoning Ordinance Chapter 6 Page 32 of 34 November 1, 2012 1752356.9 5. In the C-2, C-3, and TCCD zoning districts, a secondary entrance wall sign is allowed in addition to total aggregate sign area…

General category COMMERCIAL
Top alternative use upside
Neighborhood: shopping center $3.4M +63.3%
Office building $2.6M +22.3%

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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