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21825 N 16TH Street, Phoenix, AZ 85024

$3,250,000
Property Type: Comm/Industry Sale Square Footage: 7,850 Lot Size (sq. ft.): 108,813 Status: Active
Current Price: $3,250,000 List Date: 8/09/2024 Last Modified: 8/05/2025

Description

Great industrial space with some office space. Was previously used as a Custom Cabinet Shop for the past 27 years. There is a Phase Converter, the offices are air conditioned and the shop has evaporative coolers. 6 separate yards also on property. Great space off Deer Valley tucked into the Northside of the mountain North of the 101 and East of 7th Street and West of Cave Creek. Superb location and easy access to freeways and the rest of the Valley.

More Information MLS# 6741599

Contract Info

Ownership: Fee Simple Current Price: $3,250,000 List Price: $3,250,000 Status: Active List Date: 2024-08-08

Location, Tax & Legal

Assessor's Map #: 3 Legal Description (Abbrev): SE4 SE4 SW4 SW4 SEC 15 Assessor's Parcel #: 3 Assessor Parcel Ltr: U Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 614900 Taxes: 20142 Legal: SE4 SE4 SW4 SW4 SEC 15 Marketing Name: A-1 Industrial House Number: 21825 Compass: N Street Name: 16TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85024 Zip4: 5607 County Code: Maricopa Assessor Number: 213-03-003-U Tax Year: 2023

General Property Description

Ttl Apx SqFt Bldg: 7850 Ttl Apx Net Rnt Spc: 3200 # of Buildings: 1 Uncvrd Parking Spcs: 40 Flood Zone: No Year Built: 1995 Zoning: Industrial

Legal Info

Range: 3E Section: 15 Township: 4N Lot Number: .

Construction

Block: 1

Roofing

Rolled: 1

Floors

Concrete: 1 Vinyl: 1 Ceramic Tile: 1

Income & Expenses

Annual Ins Exp: 5030 Annual Trash Exp: 4657 Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 29829 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 205200

Building Type

Commercial: 1 Industrial: 1 Office: 1 Manufacturing: 1 Distribution/Warehouse: 1 Other (See Remarks): 1

Business Type

Mixed: 1 Professional/Office: 1 Warehouse: 1 Wholesale: 1 See Remarks: 1

Stories

1 Story: 1

Pmt & Rate Info

Cap Rate: 6 Equity: 3000000 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

Combo: 1 Other: 1

Ceiling Height

8.1 Feet to 10 Feet: 1 10.1 Feet to 12 Feet: 1 12.1 Feet to 14 Feet: 1

Heating

Electric: 1 None: 1

Cooling

Central Air: 1 Office A/C: 1 Warehouse Evap: 1

Interior Features

Finished: 1 Private Restrooms: 1

Loading Facilities

Grade Level: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Traffic Count

Up to 5,000: 1

Fencing

Chain Link: 1

Water Source

City Franchise: 1

Freeway/Highway

2.1 - 5 Miles: 1

Building Features

Conference Room: 1 Kitchen: 1 Showers - Office: 1

Sewer

Septic-In & Connected: 1

Parking Features

Free: 1

Electric

APS: 1 Submetered System: 1 Individual Meter: 1 220 Volts: 1 3 Phase Power: 1

Gas

None: 1

New Financing

Cash to Loan: 1 Owner May Carry: 1 1031 Exchange: 1

Existing 1st Loan

Treat as Free&Clear: 1

Existing 3rd Loan

Other (See Remarks): 1

Use Restrictions

Hillside Ordinance: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 6026334404

Remarks Misc

Cross Street: Deer Valley & 16th Street Directions: Call for directions 928-208-8129 Turn South at the light on Deer Valley & 16th Street. At the mailboxes turn East and go to the end of the road to the gray building. Geo Lat: 33.684665 Geo Lon: -112.044699

Income Expenses

Gross Annual Sch Inc: 216000 Net Operating Income: 180000

Property Features

Building Type: Commercial; Industrial; Office; Manufacturing; Distribution/Warehouse; Other (See Remarks) Business Type: Mixed; Professional/Office; Warehouse; Wholesale; See Remarks Stories: 1 Story Construction: Block Roofing: Rolled Floors: Concrete; Vinyl; Ceramic Tile Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet; 12.1 Feet to 14 Feet Heating: None Cooling: Central Air; Office A/C; Warehouse Evap Loading Facilities: Grade Level Interior Features: Finished; Private Restrooms Fencing: Chain Link Building Features: Conference Room; Kitchen; Showers - Office Parking Features: Free Electric: APS; Submetered System; Individual Meter; 220 Volts; 3 Phase Power Gas: None Water Source: City Franchise Sewer: Septic-In & Connected New Financing: Cash to Loan; Owner May Carry; 1031 Exchange Showing Notification Methods: Text; Phone Call Lockbox Type: Combo; Other Source of Fincl Data: Owner Existing 1st Loan: Treat as Free&Clear Existing 3rd Loan: Other (See Remarks) Road Surface Type: Asphalt Traffic Count: Up to 5,000 Use Restrictions: Hillside Ordinance Environmental: None
Listing Office: Epique Realty
IDX
Last Updated: August - 05 - 2025
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