3131 Lewis Ave Phoenix, AZ 85009-1508
- Flex space
- 28,287 SF
- 1.51 lot acres
Current Use by Public Records
- Elite Prints & Wraps llc / Auto Repair Shop
- AZ Party Rockers / Nightclub / Music Venue
- Maples Sales West Inc / Building Supply / Hardware & Home Improvement
- Local 847 / Construction Company / General Contractor
- Snelos Clothing & Print / Textile Manufacturer / Factory
Property Details for 3131 Lewis Ave
- Year built
- 1980
- Construction
- CONCRETE
- Lot size
- 1.51 lot acres
- Property size
- 28,287 SF
- Zone code
- IND.PK.
- Property type
- Flex space
- APN
- 108-09-071C
- APU
- 10809071C
Description
This Phoenix industrial property, located at 3131 W Lewis Ave, offers 28,464 square feet of warehouse space in a single, one-story building constructed in 1980. The property sits on a 1.5-acre lot and is zoned IP, allowing for flexible industrial uses. Currently, there is one available suite of 3,350 square feet. The building features a 14-foot ceiling height, nine drive-in doors, and 150-amp, 120-208V, 3-phase power. The available suite includes a modified gross lease rate of $0.95 per square foot and boasts features such as a 12-foot clear height, a 10' x 10' garage door, and evaporative cooling. Additional amenities within the suite include a reception area and two offices. This property presents a compelling opportunity for businesses seeking versatile warehouse space in a well-established Phoenix location. The property's multiple tenancy status indicates potential for various business configurations. The ample power supply and multiple drive-in doors cater to efficient loading and unloading operations. The location in Phoenix, Arizona, zip code 85009, provides convenient access to major transportation routes and a robust workforce.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $8,281,000
- AI Estimate
- $7,863,000
Market price range: $2.98M - $15.9MMarket price range: $2.42M - $15.8M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $8,490,000 Current use
- AUTO REPAIR, GARAGE
- $9,000,000 Change: +6% Conversion: Easy
- RETAIL STORES
- $8,430,000 Change: -1% Conversion: Moderate
- WAREHOUSE, STORAGE
- $7,635,000 Change: -10% Conversion: Easy
- MEDICAL BUILDING
- $7,510,000 Change: -12% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.127
- Latitude
- 33.4746
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA