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    2431 Van Buren St Phoenix, AZ 85008-6035
    Property profile & analytics

    2431 Van Buren St Phoenix, AZ 85008-6035


    • Warehouses
    • 14,322 SF
    • 0.26 lot acres
    Off-Market
    Last Sale Feb 19, 2025
    $985,000
    Property ID
    US07-2743361
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,435,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The V Smoke & Vape shop / (Bike/Boat/Book/etc) Store
    • Church of Speed / Auto Parts Store / (Bike/Boat/Book/etc) Store

    Property Details for 2431 Van Buren St

    Year built
    1958
    Construction
    CONCRETE
    Lot size
    0.26 lot acres
    Property size
    14,322 SF
    Zone code
    C-3
    Property type
    Warehouses
    APN
    121-63-022
    APU
    12163022

    Description

    This Phoenix, Arizona property, located at 2431 E Van Buren St, offers a unique investment opportunity. The 14,533 square foot building, constructed in 1958 and renovated in 2014, sits on a 20,858 square foot lot and is zoned C-3. The single-tenant, 100% occupied building features approximately 8,000 square feet of ground floor space and 6,500 square feet on the second floor. Amenities include HVAC in the front office area, abundant electrical power, and a small gated yard. A bonus parcel across the street, zoned R-4, is also included. The building boasts a 10-16 foot ceiling height and comprises two stories. Internal features include a conference room, five offices, and five restrooms. The property's diverse layout makes it suitable for various uses, including a call center, pawn shop, furniture store, storage facility, warehouse, or manufacturing plant. The asking price is $1,149,000, representing a price per square foot of $79.06 and a 5.43% capitalization rate with a net operating income of $62,400. The property is a Net Lease (NNN) with a single tenant and no credit rating available. The APN is 121-63-022, 121-63-002.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,939,000
      Market price range: $1.94M - $6.27M
      AI Estimate
      $1,834,000
      Market price range: $1.83M - $6.14M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.029
    Latitude
    33.451
    CBSA code
    38060
    CBSA name
    PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,968
    $0.00
    $0.00
    $157,945
    -
    $153,700
    $842,800
    $996,500
    More about this property
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