Financial
Distress signals
Property profile

4202 W Washington St Phoenix, AZ 85009

FOR LEASE
Warehouses
Property ID
US07-3292525
106,530 SF 4.47 ac lot Built 1983
Last sale Sep 2022 · $17,250,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional industrial property, the Reywest Commerce Center, located at 4202 W Washington St, Phoenix, AZ 85009, offers 106,531 square feet of warehouse space in a single-tenant configuration. Currently, 115,260 square feet is available for lease, presenting a significant opportunity for immediate occupancy. Built in 1983, the building boasts a substantial 28-foot ceiling height, providing ample vertical storage capacity. Efficient operations are ensured with 12 loading docks and 14

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$79k
Tax billed · 2023
Assessed value · 2024$1.44M
Effective rate5.50%

Value estimate

· Sep 2026
$19.01M
$17.11M – $20.91M
CAP approach$12.52M
Sales comparison$19.53M
NOI build-up
Gross scheduled income$1.18M
Vacancy & credit loss−$140k
Operating expenses−$311k
NOI · 111,542,307.69% cap applied$725k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$270/SF
ZIP average, outlier-cleaned · 106 recorded sales of this use type
Observed band · Q1–Q3$119 – $428
Qualifying comparables6

Cap rate analysis

How does the asset earn?
111,542,307.69%
$725k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
A-2
The purpose of A-2 zone is to provide intensive use of property, open uses and storage, industrial processes which may involve significan...
General categoryINDUSTRIAL
JurisdictionMARICOPA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.8
Hair Salon11.9
Law Firm11.8

Location

4202 W Washington St Phoenix, AZ 85009
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3065 43rd, Phoenix, AZ 85009-6045 $10,505,585 Feb 2026 54,000 SF
4137 Adams, Phoenix, AZ 85009-4602 $12,150,000 Feb 2026 54,441 SF
4025 Buckeye, Phoenix, AZ 85009-5411 $13,950,000 May 2025 73,777 SF
1429 40th, Phoenix, AZ 85009-6100 $19,200,000 Oct 2024 125,406 SF
1439 40th, Phoenix, AZ 85009-6121 $19,200,000 Oct 2024 125,406 SF
3401 Papago, Phoenix, AZ 85009-9735 $11,250,000 Sep 2024 87,353 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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