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Property profile

2901 N 29Th Dr Phoenix, AZ 85017

Flex space
Property ID
US07-0520744
View Sample
281,887 SF 8.51 ac lot Built 1940
Entity Owned 2-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This Phoenix industrial property, located at 2901-2925 N 29th Dr, offers two available warehouse spaces totaling 269,539 square feet. The single-story building features 14'-20' clear ceiling heights and is situated in Maricopa County's A-2 Industrial District. Each suite boasts 200 Amp, 120/208v 3-phase power. Conveniently located near I-17 Freeway and Grand Ave/US-60, the property includes shared dock-high and grade-level loading. The building also features a minimal office space and sprinkler systems. Water, sprinklers, and trash are included in the industrial gross rental structure. Space sizes range from 15,007 to 15,395 square feet. Virtual tours are available for the common area and individual suites. Contact for pricing and further details.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1940
Construction STEEL FRAME
Total area 281,887 SF
Lot 8.51 ac (370,512 SF)
Zoning code A-2
APN 108-06-007D
UPID US07-0520744

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$162.06M

Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
2022
$16.0M
1993
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

A-2 · Phoenix, AZ
Zoning description

The purpose of A-2 zone is to provide intensive use of property, open uses and storage, industrial processes which may involve significant amounts of heat, mechanical and chemical processing, large amounts of materials t…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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