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    Property profile & analytics
    OFF-MARKET Estimated value $3,135,000
    Auto shops

    22444 19th Ave, Phoenix, AZ 85027-2115

    6,000 SF 1.48 ac lot Built 1987
    Entity Owned 21-yr Hold Free & Clear
    Property ID
    US07-0547153
    Property summary
    AI-generated overview

    This exceptional Phoenix industrial portfolio comprises 1.92 acres with five buildings totaling 11,560 square feet. Strategically located in the highly sought-after Deer Valley submarket, this property boasts A-1 zoning, allowing for diverse industrial uses. Currently leased to three tenants, including Dynamite Water, ASAP Firebird Tire, and Flyers Energy, the portfolio generates a substantial net operating income of $298,568 annually. The property includes a 7,600 sq ft shop/office with a paint booth and four oversized bay doors, a 3,960 sq ft shop/office, and a commercial fueling station with redevelopment potential. An income-producing billboard adds to the investment's appeal. The property benefits from high visibility on 19th Avenue (30,000 vehicles per day), proximity to major freeways (Loop 101 and I-17), and its location within an Opportunity Zone. Below-market rents and short-term leases present significant upside potential for investors, while the functional buildings offer immediate occupancy for a user. This rare opportunity allows for acquisition of a generational asset in a prime Phoenix location, close to the major TSMC development. The weighted average lease term is approximately 2.51 years. Individual building leases expire between February 2025 and August 2027, with the billboard lease extending to May 2029. The asking price is $5,000,000.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1987
    Construction CONCRETE
    Total area 6,000 SF
    Lot 1.48 ac (64,512 SF)
    Zoning code A-1
    APN 209-05-003J
    UPID US07-0547153
    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
    • CFN Gas Station
    • Firebird Tire (Bike/Boat/Book/etc) Store Auto Parts Store
    • drainscape Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.21M
    Blend (final) Blend
    $3.14M
    Owner & transaction history
    Wright Doubleagle LLC · 21 yrs held
    Wright Doubleagle LLC
    since 2004
    3 recorded transactions
    2004
    2000
    1969
    Zoning & alternative use
    A-1 · Phoenix, AZ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $4.2M +64.8%
    Restaurant $3.2M +26.4%
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