5611 24th St Phoenix, AZ 85040-3605
- Auto shops
- 9,828 SF
- 0.59 lot acres
Current Use by Public Records
- Auto shops
Property Details for 5611 24th St
- Year built
- 1987
- Construction
- CONCRETE
- Lot size
- 0.59 lot acres
- Property size
- 9,828 SF
- Zone code
- IND.PK.
- Property type
- Auto shops
- APN
- 122-53-033C
- APU
- 12253033C
Description
This exceptional 9,828-square-foot freestanding warehouse in Maricopa County offers a single-tenant occupancy opportunity. The property boasts a 14-foot ceiling height, providing ample vertical space for storage and operations. Four drive-in doors ensure efficient loading and unloading, while 600 amps of power accommodate a variety of industrial needs. The building is zoned IND, PK (Phoenix), making it suitable for a range of industrial uses. The property benefits from recent significant improvements, including a new roof, resurfaced pavement, and completely renovated office space. Further enhancements include a new evaporative cooler for the warehouse and new air conditioning units in the office area, ensuring a comfortable and productive work environment. This ready-to-occupy space is available immediately, presenting a unique chance to secure a well-maintained and strategically located industrial property. The building's features and recent upgrades make it an attractive option for businesses seeking a functional and efficient warehouse solution. Contact us today to schedule a viewing.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,850,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,845,000
- 6.5%
- $1,875,000
- 7%
- $1,775,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,060,000
- Geo Method
- $2,065,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,690,000
- Retail
- $1,430,000
- Mixed-Use
- $1,695,000
- Hospitality
- $1,795,000
- Educational
- $1,775,000
- Residential Income
- $1,870,000
- Energy
- $1,525,000
- Income-Based Land
- $1,720,000
- Food Service
- $1,845,000
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.029
- Latitude
- 33.3965
- CBSA code
- 38060
- CBSA name
- PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA