Property summary
This exceptional Class A industrial property, located at 7400 E Adobe Dr, Scottsdale, AZ 85255, presents a unique investment opportunity. The 6,000-square-foot flex/warehouse space, built in 2018, sits on a 0.11-acre lot in Maricopa County. The building, featuring two stories and a remarkable 25-foot ceiling height, is currently vacant and ready for immediate occupancy. Designed as a high-end storage facility, it's ideally suited for storing cars, boats, or other large items. Modern amenities include a gated community, security cameras and lighting, central air conditioning, and sealed concrete flooring. Its prime North Scottsdale location offers easy access to the 101 freeway and Scottsdale Airpark, placing it near the desirable Grayhawk and Desert Ridge neighborhoods. The low vacancy rate of 2.6% in the Scottsdale/Salt River submarket underscores the strong demand for this type of property. The asking price is $3,300,000, translating to $550 per square foot. This represents a compelling investment in a thriving Arizona market. This single-unit building offers a rare opportunity to acquire a modern, well-appointed industrial space in a highly sought-after location.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
m 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (C-2) Highway Commercial (C-3) General Commercial (…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-4 · Scottsdale, AZm 15-foot wide landscape buffer abutting a Residential District (except the R-5 district). Regional Shopping Center (C-S) Neighborhood Commercial (C-1) Central Business (C-2) Highway Commercial (C-3) General Commercial (…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for C-4 in Scottsdale, AZ.
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