3949 S 28Th St Phoenix, AZ 85040
For Sale
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This exceptional industrial property, located at 3949 S 28th St, Phoenix, AZ 85040, presents a compelling investment opportunity. The 0.62-acre site boasts two buildings totaling approximately 5,400 square feet of net rentable space, ideal for a contractor or similar business. Building one is a ±3,600 square foot office/warehouse combination, featuring approximately 1,200 square feet of office space and 2,400 square feet of warehouse space. The second building is a ±1,800 square foot shop building equipped with three grade-level loading doors. The property benefits from a 16-foot ceiling height, ample power (400 amps, 120/208V, 3-phase), and block perimeter fencing. Conveniently situated in the Sky Harbor submarket, this property offers two points of ingress/egress off 28th Street, providing easy access to Interstate 10 and Phoenix Sky Harbor International Airport. The property is zoned A-1 (Light Industrial) by the City of Phoenix and is located within a Qualified Opportunity Zone. The asking price is $1,200,000, translating to $222.22 per square foot. The property will be delivered vacant. The Assessor's Parcel Number (APN) is 122-19-032.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Phoenix, AZPhoenix. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.