Property profile

4346 Indian School Rd Phoenix, AZ 85031

OFF-MARKET
Auto shops
Property ID
US07-0715636
1,200 SF 0.05 ac lot Built 1988
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This 2,411 square foot freestanding retail building, located at 4346 W Indian School Rd in Phoenix, Arizona (zip code 85031), presents a unique investment opportunity. Recently renovated, the property boasts three drive-thru bays and a full basement pit, making it exceptionally well-suited for automotive-related businesses such as oil changes, lubrication services, or auto repair. The building's efficient EVAP cooling system ensures a comfortable workspace year-round. The A-1 zoning provides flexibility for a variety of uses, primarily focused on automotive services. Situated on a major thoroughfare in the West Phoenix/Maryvale Retail submarket of Maricopa County, this property benefits from high traffic counts and excellent customer accessibility. The entire 2,411 square feet is currently vacant, offering immediate occupancy for a new tenant or owner-operator. This location offers significant potential for immediate success within the automotive market due to its high visibility and convenient access. The property is a single-tenant building, providing a straightforward ownership experience.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1988
Construction CONCRETE
Total area 1,200 SF
Lot 0.05 ac (2,352 SF)
Zoning code A-1
APN 145-25-001R
UPID US07-0715636

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4346 Indian School Rd Phoenix, AZ 85031-2936
Phoenix metro Census 109300 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$519k
Blend (final) Blend
$510k

Owner & transaction history

since 2023
6 recorded transactions
2023
Price N/A
2022
$50,000
2010
$8.2M
2004
$1.5M
1996
$4.2M
1988
Price N/A

Zoning & alternative use

A-1 · Phoenix, AZ
Zoning description

The purpose of A-1 zone is to provide industrial uses designed to serve the needs of the community for industrial activity not offensive to nearby commercial and residential uses

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $835,000 +64.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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