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    Property profile & analytics
    OFF-MARKET
    Industrial land

    21965 31st Ave, Phoenix, AZ 85027

    1.7 ac lot
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US07-1588174
    Property summary
    AI-generated overview

    This exceptional 20,018-square-foot Class A industrial property in Phoenix's Deer Valley submarket offers a unique blend of office and warehouse space. Located at 21965 N 31st Ave, this single-story building, constructed in 2024, features 14,764 square feet of immediately available space, divisible to a minimum of 3,691 square feet. The property boasts a 1.7-acre lot, 28 parking spaces, one drive-in door, and an impressive 18-foot ceiling height in the warehouse area. The available space includes a modern office area with landscaped entry, a spacious reception area featuring a 12-foot glass wall, two private offices with sidelites, a wet bar, and a restroom. High-end finishes and a 4-ton A/C unit enhance the office space. The warehouse area features a 12' wide x 14' tall grade-level roll-up door, auto-on LED lighting, a 9100 CFM evaporative cooler, a separate restroom, drinking fountains, fire sprinklers, and 120V/208Y 225 amp 3-phase power. A secure, 960-square-foot private fenced and gated yard with a concrete floor provides ample outdoor space. The property is zoned CPBP and has a convenient location near Deer Valley Road, offering easy access to major transportation routes. This versatile space is ideal for manufacturing, flex, warehouse, distribution, or R&D uses. The property is situated in the highly desirable Deer Valley submarket of Phoenix, Arizona, with the APN 206-04-002D.

    Property profile
    Verified
    Property type Industrial land
    Use group INDUSTRIAL - VACANT LAND
    Lot 1.7 ac (74,096 SF)
    Zoning code I-P
    APN 206-04-002D
    UPID US07-1588174
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Baobab Investments LLC · 5 yrs held
    Baobab Investments LLC
    since 2021
    Last sale
    $228,436
    5 recorded transactions
    2024
    2021
    2021
    $228,436
    2006
    $612,500
    2000
    $255,000
    Zoning & alternative use
    I-P · Phoenix, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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