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Property profile & analytics
OFF-MARKET Estimated value $7,780,000
Warehouses

3641 Van Buren St Phoenix, AZ 85008-6901

43,904 SF 1.92 ac lot Built 2023
Entity Owned 5-yr Hold Free & Clear
Property ID
US07-2856101
Property summary
AI-generated overview

This exceptional 24,000-square-foot warehouse in Phoenix, Arizona, is available for lease. The property boasts new block and metal construction, evaporative cooling, and a spacious 19,100-square-foot fenced truck court and yard secured by a motorized gate and an 8-foot block fence. Power is robust at 800 amps, 277/480-volt, 3-phase. The warehouse features a 12' x 14' grade-level door and a gate-secured truckwell. Ceiling heights range from 19 to 22 feet, providing ample vertical space. Loading is facilitated by one loading dock and one dock-high door. The property sits on a 1.91-acre lot and includes 32 parking spaces. The zoning is C-3 & TOD-2 (Gateway) within the City of Phoenix, offering excellent access and visibility. The property is conveniently located within walking distance of the Sky Harbor Skytrain at the 44th Street Station. This warehouse is ideal for businesses requiring significant storage and convenient access to major transportation routes. The property's modern construction and ample amenities make it a highly desirable location for a variety of industrial uses. The Maricopa County location and the property's APN is 121-24-010A. This is a single-tenant space. The building is designed for high-pile storage and includes a sprinkler system.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2023
Total area 43,904 SF
Lot 1.92 ac (83,572 SF)
Zoning code C-3
APN 121-24-010A
UPID US07-2856101
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
  • VanBuren Storage Facility Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.89M
Blend (final) Blend
$7.78M
Owner & transaction history
Masyno Magic Shave Building LLC · 5 yrs held
Masyno Magic Shave Building LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
C-3 · Phoenix, AZ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose C-3 zone is to provide to provide for the intensive commercial uses necessary to the proper development of the community

Zone name General Commercial
General category COMMERCIAL
Zone area 2,827.55 ac
Source Realmo
Top alternative use upside
Medical building $11.7M +2.3%
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