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Property profile & analytics
OFF-MARKET
Office Spaces

2406 24th St Phoenix, AZ 85034-6822

4.55 ac lot
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US07-0810604
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Lot 4.55 ac (198,339 SF)
Zoning code A-2
APN 115-32-069
UPID US07-0810604
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
  • N2AUTOMOTIVE Car Dealership
  • Only1 Automotives Used Car Sales Car Dealership
  • DEBONAIR DESIGN STUDIO Barber Shop
  • Motorsport Auto Sales LLC Car Dealership
  • Davinci Meeting Rooms Marketing & Advertising Event Planning
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Atualani LLC · 2 yrs held
Atualani LLC
since 2024
7 recorded transactions
2024
$4.8M
2023
$880,000
2023
Price N/A
2022
$650,000
2022
$800,000
2021
Price N/A
2019
Price N/A
Zoning & alternative use
A-2 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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