325 Melinda LnPhoenix, AZ 85027

  • Flex space
  • 3,398 SF
For Sale
$1,375,000 View listing

Property Details for 325 Melinda Ln

Year built
1989
Construction
CONCRETE
Lot size
0.23 AC
Property size (Sq ft)
3,398 SF
Zone code
A-1
Property type
Flex space
APN
209-10-816
APU
20910816

Description

This exceptional 4,738 square foot freestanding industrial building presents a unique owner-user opportunity in Phoenix, Arizona. Located at 325 W Melinda Ln, 85027, this property boasts a desirable A-1 zoning within Maricopa County. Built in 1989, the two-story structure offers 14-foot clear ceiling heights, perfect for various industrial or flex uses. The building features a 10' x 10' automatic grade-level door, providing convenient access for loading and unloading. Significant power is available with a 600-amp, 3-phase electrical service. The building is 100% air-conditioned, enhancing comfort and operational efficiency. Additional features include ample covered parking and prominent building signage for increased visibility. The property sits on a 9,975 square foot lot (APN 209-10-816), offering potential for expansion or outdoor storage. The asking price is $1,375,000, translating to $290.21 per square foot. This is a rare opportunity to acquire a well-maintained, versatile industrial space in a prime Phoenix location. The property is currently vacant, allowing for immediate occupancy and customization to suit specific business needs.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $735,242
    Hospitality
    $673,477
    Educational
    $560,325
    Medical
    $579,596
    Retail
    $871,617

Location Insight

City
Phoenix
County
Maricopa
State
Arizona
Latitude
33.6819
Longitude
-112.079
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
$7,159
-
-
$131,505
-
$183,600
$613,400
$797,000

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