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Property profile & analytics
OFF-MARKET Estimated value $3,575,000
Flex space

2821 Van Buren St Phoenix, AZ 85009-4944

10,000 SF 0.99 ac lot Built 1951
Entity Owned 12-yr Hold Free & Clear
Property ID
US07-0279003
Property summary
AI-generated overview

This exceptional 800-square-foot commercial property, located at 2821 W Van Buren St in Phoenix, Arizona, presents a unique opportunity for businesses seeking a prime location in Maricopa County. Currently entirely vacant, the space is ideally suited for an executive office or retail use, offering flexibility and ample room for customization. The property is classified as both retail and office space, catering to a diverse range of potential tenants. The building's total square footage is 800 square feet, all of which is readily available for lease. The multiple tenancy structure allows for potential expansion or subdivision, depending on the tenant's needs. Situated in the vibrant city of Phoenix, with easy access to major transportation routes, this property boasts a highly desirable address within the 85009 zip code. The property's location offers excellent visibility and accessibility for clients and employees alike. This is an exceptional opportunity to secure a well-positioned commercial space in a thriving Arizona market. The property is ready for immediate occupancy, allowing businesses to quickly establish their presence. Interested parties are encouraged to inquire further to explore the possibilities this versatile space offers. The property is available for lease.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1951
Construction CONCRETE
Total area 10,000 SF
Lot 0.99 ac (43,084 SF)
Zoning code C-3
APN 109-35-039B
UPID US07-0279003
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
  • Castile Roofing Roofing Company General Contractor
  • Mich Auto Glass General Contractor Renovation Specialist
  • Drive It Pro - Rideshare Rentals Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.67M
Blend (final) Blend
$3.58M
Owner & transaction history
Atlas Commercial LLC · 12 yrs held
Atlas Commercial LLC
since 2014
7 recorded transactions
2022
Price N/A
2014
$397,500
2014
Price N/A
2011
Price N/A
2011
$370,000
2009
Price N/A
2003
Price N/A
Zoning & alternative use
C-3 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $5.3M +77.9%
Auto repair, garage $3.2M +6.0%
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