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3414 48Th St Phoenix, AZ 85040
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3414 48Th St Phoenix, AZ 85040


  • Flex space
  • 20,305 SF
  • 5.11 lot acres
48th Street Retail Opportunity For Lease
$1.60 SF/Yr
65,906 SF

48th Street Retail Opportunity

Retail space available for lease at 48th Street.

3414 S 48th St, Phoenix, AZ 85040
View Listing
Property ID
US07-3269745
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Limited Editon Corals Aquariums / (Bike/Boat/Book/etc) Store / Pet Store & Service
  • LE Corals Aquarium Store Maintenance & Design / (Bike/Boat/Book/etc) Store / Pet Store & Service
  • M&M Lighting / General Contractor
  • VP-Maintenance / Landscaping / General Contractor

Property Details for 3414 48Th St

Year built
1981
Construction
CONCRETE
Lot size
5.11 lot acres
Property size
20,305 SF
Zone code
A-1
Property type
Flex space
APN
124-53-001D
APU
12453001D

Description

This ±22,565 square foot industrial property, built in 1983, offers multiple suites for lease in the North Airport Ind submarket of Maricopa County. The building features 12 loading docks, a common truckwell, and 16-18 foot ceiling heights. Suites range from 2,180 to 7,155 contiguous square feet, with 9,335 square feet currently vacant. The property boasts excellent natural light thanks to skylights and offers the option of evaporative cooling or air conditioning. Fire sprinklers are installed throughout. The building is zoned A-1, City of Phoenix, and enjoys convenient access to major freeways including SR-143, I-10, US-60, and Loop 202. Its location near Sky Harbor International Airport provides a strategic advantage for businesses needing convenient transportation links. This is an ideal space for manufacturing, warehousing, or distribution operations seeking a well-maintained facility in a prime location.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $7,250,000
    Market price range: $3.54M - $7.25M
    AI Estimate
    $7,250,000
    Market price range: $3.53M - $7.25M
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $4,990,000
    Current use
    OFFICE BUILDING
    $11,510,000
    Change: +131% Conversion: Difficult
    RESTAURANT
    $10,845,000
    Change: +117% Conversion: Difficult
    COMMERCIAL (GENERAL)
    $10,560,000
    Change: +112% Conversion: Difficult
    AUTO REPAIR, GARAGE
    $8,580,000
    Change: +72% Conversion: Easy
    RETAIL STORES
    $6,050,000
    Change: +21% Conversion: Moderate
    WAREHOUSE, STORAGE
    $5,470,000
    Change: +10% Conversion: Easy
    MEDICAL BUILDING
    $5,390,000
    Change: +8% Conversion: Difficult

Get a detailed, property-specific estimation — fast and free


Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-111.98
Latitude
33.4158
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$55,602
$0.00
$0.00
$1,337,144
-
$1,621,400
$6,482,500
$8,103,900
View Listing
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