1502 29Th AvePhoenix, AZ 85009

  • Industrial properties
  • 9,120 SF
For Sale
$2,000,000 View listing

Property Details for 1502 29Th Ave

Year built
1980
Construction
CONCRETE
Lot size
0.53 AC
Property size (Sq ft)
9,120 SF
Zone code
I-P
Property type
Industrial properties
Property subtype
Other warehouses
APN
109-08-028
APU
10908028

Description

This exceptional owner-user industrial property, located at 1502 N. 29th Ave, Phoenix, AZ 85009, presents a compelling investment opportunity. The single-story, 9,120 square foot building sits on a 21,780 square foot lot and was constructed in 1980. Zoned I-P, it offers versatile usage as a distribution center, manufacturing facility, or warehouse. The building features a desirable 18-foot clear ceiling height, perfect for various industrial applications. Access is facilitated by three 12' wide x 10' high drive-in doors, eliminating the need for loading docks. Ample parking is provided with 20 spaces on-site. The property's convenient location offers easy access to the I-10 freeway, ensuring efficient transportation and logistics. This well-maintained building presents a rare opportunity to acquire a functional and strategically located industrial space in a thriving Phoenix market. The property's single-tenant occupancy simplifies management and provides a stable investment. The asking price is $2,000,000. The APN is 109-08-028. This is a fantastic opportunity for businesses seeking a functional and well-located industrial space in Phoenix.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,624,362
    Hospitality
    $1,487,907
    Educational
    $1,237,921
    Medical
    $1,280,495
    Retail
    $1,925,655
1502 29Th Ave, Phoenix, Arizona

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.465
Longitude
-112.122
CBSA code
38060
CBSA name
PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$13,386
-
-
$145,910
-
$182,100
$702,200
$884,300

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