$1,998,000
Phoenix, AZ 85016
MLS# 6978049
1 / 24
Property Description
Red Brick Warehouse Bldg. That You Can Drive a Bus Through. Concrete Floors. --Approx 21,780 Lot -- Corner Lot -4200 Main Building And 960 Sqft. Next to Oreilly Auto Parts. Close to Center of Metro PHX. Camelback/Biltmore Corridor, Downtown, midtown/uptown. Plenty of Parking. Minutes From RT.51 & 202/I10. Zoned C-2. Mult Use.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $1,998,000
List Price: $1,998,000
Status: Active
List Date: 2026-02-01
Location, Tax & Legal
Assessor's Map #: 33
Legal Description (Abbrev): LOTS 5 & 6 BLK 2 EARLL PL MCR 16-28 EX W 2.5F
Assessor's Parcel #: 88
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 110701
Taxes: 10087
Legal: LOTS 5 & 6 BLK 2 EARLL PL MCR 16-28 EX W 2.5F
House Number: 3023
Compass: N
Street Name: 16TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Zip4: 7648
County Code: Maricopa
Subdivision: EARLL PLACE
Assessor Number: 119-33-088-A
Tax Year: 2025
General Property Description
Ttl Apx SqFt Bldg: 5170
# of Buildings: 2
Uncvrd Parking Spcs: 25
Year Built: 1955
Zoning: C-2
Currently Not Used
Sold Price Per SqFt: 386.46
Legal Info
Range: 3E
Section: 27
Township: 2N
Lot Number: 6
Construction
Block: 1
Brick: 1
Roofing
Built-Up: 1
Floors
Concrete: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 10087
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 500000
Building Type
Commercial: 1
Distribution/Warehouse: 1
Business Type
Automobile: 1
Pmt & Rate Info
Cap Rate: 22.52
Equity: 1998000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Ceiling Height
16.1 Feet to 28 Feet: 1
Heating
Natural Gas: 1
Cooling
Window/Wall Unit: 1
Interior Features
Finished: 1
Loading Facilities
Drive-in Door(s): 1
Source of Fincl Data
Owner: 1
Fencing
Chain Link: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Electric
APS: 1
Gas
SW Gas: 1
New Financing
Cash Only: 1
1031 Exchange: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Remarks Misc
Cross Street: 16th St & Thomas
Directions: 16th Steet 3 blocks North of Thomas on West side
Geo Lat: 33.48294
Geo Lon: -112.047252
Income Expenses
Gross Annual Sch Inc: 500000
Net Operating Income: 450000
Property Features
Building Type: Commercial; Distribution/Warehouse
Business Type: Automobile
Construction: Block; Brick
Roofing: Built-Up
Floors: Concrete
Ceiling Height: 16.1 Feet to 28 Feet
Heating: Natural Gas
Cooling: Window/Wall Unit
Loading Facilities: Drive-in Door(s)
Interior Features: Finished
Fencing: Chain Link
Parking Features: Free
Electric: APS
Gas: SW Gas
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; 1031 Exchange
Lockbox Type: None
Source of Fincl Data: Owner
Environmental: None
Listing Office: DeLex Realty
Last Updated: February - 02 - 2026
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