4118 Madison St Phoenix, AZ 85034
Property summary
This exceptional 7,748-square-foot warehouse and distribution facility presents a unique investment opportunity in Phoenix, Arizona. Situated on a substantial 3.5-acre lot with dual frontage on Madison Street and 41st Street, this single-tenant property offers significant potential. The building, constructed in 1958, features one story and boasts two loading docks and two drive-in doors, ensuring efficient operations. The property is zoned A2 and I2, reflecting its suitability for a variety of industrial uses. The office area has undergone recent renovations, presenting a clean and turnkey space. The property's location adjacent to Sky Harbor Airport is a key advantage, offering excellent access to transportation networks. While the City of Phoenix has identified this property for potential future airport expansion, no timeline for acquisition has been established. The APN is 124-07-069. This is a rare opportunity to acquire a well-maintained industrial property in a high-demand location. The entire 7,748 square feet is currently vacant.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
A-2 · Phoenix, AZThe 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…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for A-2 in Phoenix, AZ.
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