2406 24th St Phoenix, AZ 85034-6822
This exceptional 7,615-square-foot industrial property, located at 2406 S 24th St., Building B, Phoenix, AZ 85034, presents a unique investment opportunity. Situated on a 0.185-acre lot (8,037 square feet), this Class B building boasts a prime location near Phoenix Sky Harbor International Airport, with convenient access to I-10 and 24th Street. The single-story structure, built in 1979 and extensively renovated in 2024, features a 12-foot ceiling height, ten dock-high doors, and ample parking for 27 vehicles. The building is zoned A-2 Industrial and offers three suites (102, 103, and 104), totaling 7,615 square feet. Currently, Suite 104 is leased, while Suites 102 and 103, encompassing 5,545 square feet of vacant space, are immediately available. Recent renovations include the installation of three-phase high and low voltage power, nine 5-ton AC units, resurfaced floors, and fresh paint, making the space ready for immediate occupancy or build-out. The concrete building includes HVAC and large roll-up doors, providing a versatile and functional space ideal for various industrial uses, including warehouse, flex, manufacturing, or distribution.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
A-2 · Phoenix, AZPhoenix. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.