3202 Durango StPhoenix, AZ 85009

Property Details for 3202 Durango St

Year built

1976

Construction

STEEL FRAME

Lot size

0.94 AC

Property size (Sq ft)

908 SF

Zone code

A-1

Property type

Office buildings

APN

105-18-027A

APU

10518027A

Description

This exceptional Phoenix industrial property, located at 3202 W Durango St, offers ±10,808 square feet of buildings on ±2.19 acres of land. The property boasts a ±6,380 square foot dock-high warehouse, two ±1,760 square foot canopy structures, and a ±908 square foot office building. It's ideally suited for contractors, featuring a fully fenced and secured lot with frontage on Durango Street, providing excellent visibility and accessibility. The location offers unparalleled convenience, situated just one mile from the I-17 Freeway's full diamond interchange. The property is zoned A-1, Light Industrial, and benefits from a robust 600 Amp 120/208, 3-phase electric service. Additional features include ample parking and a secure environment. The property's 2023 property taxes totaled $11,225.34. This is a rare opportunity to acquire a well-maintained and strategically located industrial property in a thriving Phoenix market. The APN is 105-18-027A. The asking price is $3,250,000, representing a price per square foot of $300.70. This property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $141,291

  6.5%

  $130,422

  7%

  $121,106

• Comparable approach

  Method

  Valuation

  Relative Method

  $139,968

  Geo Method

  $139,968

• Alternative Use

  Use

  Valuation

  Residential

  $161,724

  Hospitality

  $148,138

  Educational

  $123,249

  Medical

  $127,488

  Retail

  $191,721

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4301

Longitude

-112.128

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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