2806 24th St Phoenix, AZ 85008-1004
This exceptional 15,300-square-foot single-tenant building offers a unique blend of warehouse and office space, perfectly situated in the heart of Central Phoenix. The property boasts approximately 10,300 square feet of warehouse space, featuring a 14-foot clear height ceiling, one loading dock with a dock-high door, and a 10' x 12' roll-up door. The remaining 5,000 square feet is dedicated to well-appointed office space, providing a comfortable and efficient work environment. The building is fully air-conditioned and benefits from 200 amp/120-208 volt power. Situated on a 0.9-acre lot, the property includes fenced outdoor storage and ample parking for 42 vehicles. Built in 1960 and renovated in 2021, this masonry structure is zoned C-2, offering flexibility for a variety of uses. Its strategic location provides easy access to three major freeways (I-10, SR-51, and SR-202), placing it within a short commute of Downtown Phoenix, the Arizona Biltmore, Arcadia, Desert Botanical Gardens, and Phoenix Sky Harbor Airport. The surrounding area is densely populated, with over 100,000 residents within a two-mile radius. The estimated 2024 annual net operating expenses (NNN) are approximately $1.41 per square foot, covering property taxes and insurance. This property presents a rare opportunity to acquire a well-maintained, versatile commercial space in a highly desirable location. The property's combination of warehouse and office space, along with its convenient location and ample parking, makes it an ideal investment for a variety of businesses.
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Inventory Adjusters (Bike/Boat/Book/etc) Store
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
C-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.