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Property profile

2950 Catalina Dr Phoenix, AZ 85017

OFF-MARKET
Flex space
Property ID
US07-2986656
View Sample
33,124 SF 2.37 ac lot Built 1973
Entity Owned Free & Clear

Property summary

AI-generated overview

This exceptional Phoenix, Arizona property offers 47,526 square feet of combined office and warehouse space, ideal for owner-users. The two-story building, constructed in 1972 and renovated in 2002, sits on a 2.36-acre lot in Maricopa County (APN: 108-07-027B) and features 23-foot clear height ceilings, grade-level and truck well loading, and an evaporative-cooled warehouse. The property boasts 75 parking spaces, 2500 A/3P power, and a fire sprinkler system. Its A-2 zoning allows for a variety of uses. The building is fully fenced and includes masonry construction and building signage. Conveniently located near I-17, providing easy access to Midtown and Downtown Phoenix, and major retailers, this property is priced at $9,250,000 ($194.63/SF land value). Seller financing options are available. This is a prime opportunity for businesses seeking a strategic location and modern facilities.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1973
Construction STEEL FRAME
Total area 33,124 SF
Lot 2.37 ac (103,119 SF)
Zoning code A-2
APN 108-07-027B
UPID US07-2986656

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Industrial Manufacturer Production Facility

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$765k

Owner & transaction history

since 2025
Last sale
$7.7M
7 recorded transactions
2025
Price N/A
2025
$7.7M
2022
Price N/A
2008
$3.5M
2007
$3.0M
2007
Price N/A
2006
$2.5M

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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