1830 W COLTER ST Street, Phoenix, AZ 85015
$1,200,000
Property Type:
Comm/Industry Sale
Square Footage:
9,052
Lot Size (sq. ft.):
17,404
Status:
Active
Current Price:
$1,200,000
List Date:
1/16/2026
Last Modified:
4/11/2026
Description
Great 2026 Investment Opportunity. Value-add office building totaling 9,056 SF with approximately 90% occupancy and below-market rents, offering immediate upside through lease-up and rent adjustments. Property is priced below replacement cost, providing a strong basis for long-term value preservation and growth.
Strategically located in Phoenix with less than one mile to freeway access, approximately 15 minutes to Phoenix Sky Harbor International Airport, and within 25 minutes of TSMC and the expanding semiconductor corridor. Ideal for investors seeking stable in-place income with future rent growth potential.
More Information MLS# 6967073
Contract Info
Ownership: Fee Simple
Current Price: $1,200,000
List Price: $1,200,000
Status: Active
List Date: 2026-01-12
Location, Tax & Legal
Assessor's Map #: 36
Assessor's Parcel #: 15
Assessor Parcel Ltr: 6
Add'l Parcels: Yes
Tax Municipality: Phoenix
Taxes: 10261.59
Tax District: phoeni
Legal: NILE TR S 126.12ft OF LOT 6 EX W 23.09ft and EX E 69ft BLK 1
House Number: 1830
Compass: W
Street Name: COLTER ST
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
County Code: Maricopa
Assessor Number: 156-36-015-6
Tax Year: 2025
General Property Description
Type of Property: office
Ttl Apx SqFt Bldg: 9052
# of Buildings: 1
Uncvrd Parking Spcs: 22
Stories: 2
Lot Size Dimensions: NILE TR S 126.12ft OF LOT 6 EX W 23.09ft
Flood Zone: No
Year Built: 1988
Zoning: C-O
Currently Not Used
Sold Price Per SqFt: 132.57
Construction
Other: 1
Roofing
Composition: 1
Tile: 1
Other: 1
Floors
Tile: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 107700
Building Type
Commercial: 1
Office: 1
Business Type
Barber/Beauty: 1
Dental: 1
Office Supply: 1
Mixed: 1
Service Business: 1
Medical: 1
Professional/Office: 1
Retail: 1
Pmt & Rate Info
Cap Rate: 6.6
Equity: 1360000
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Ceiling Height
10.1 Feet to 12 Feet: 1
Heating
Forced Air: 1
Heat Pump: 1
Electric: 1
Cooling
Central Air: 1
Office A/C: 1
Interior Features
Private Restrooms: 1
Loading Facilities
Grade Level: 1
Other (See Remarks): 1
Road Surface Type
Paved: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Traffic Count
35,001 to 50,000: 1
Fencing
Other: 1
Water Source
City Franchise: 1
Freeway/Highway
1.1 - 2 Miles: 1
Building Features
Public Elevator(s): 1
Sewer
Sewer - Public: 1
Parking Features
Parking Lot: 1
Paved: 1
Electric
SRP: 1
220 Volts: 1
Gas
None: 1
New Financing
Cash to Loan: 1
1031 Exchange: 1
Reports/Disclosures
None: 1
Environmental
Other (See Remarks): 1
Remarks Misc
Cross Street: Camelback and N 19th ave
Directions: Take exit from Highway I-17 to Camelback, make left turn on N 19th Ave. Follow GPS.
Geo Lat: 33.513489
Geo Lon: -112.098902
Legal Info
Lot Number: 6
Income Expenses
Gross Annual Sch Inc: 107700
Net Operating Income: 89739
Property Features
Building Type: Commercial; Office
Business Type: Barber/Beauty; Dental; Office Supply; Mixed; Service Business; Medical; Professional/Office; Retail
Construction: Other
Roofing: Composition; Tile; Other
Floors: Tile
Ceiling Height: 10.1 Feet to 12 Feet
Heating: Forced Air; Heat Pump
Cooling: Central Air; Office A/C
Loading Facilities: Grade Level; Other (See Remarks)
Interior Features: Private Restrooms
Fencing: Other
Building Features: Public Elevator(s)
Parking Features: Parking Lot; Paved
Road Responsibility: City Maintained Road
Electric: SRP; 220 Volts
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash to Loan; 1031 Exchange
Lockbox Type: None
Source of Fincl Data: Owner
Road Surface Type: Paved
Traffic Count: 35,001 to 50,000
Environmental: Other (See Remarks)
Listing Office:
Dr Win Realty LLC
Last Updated: April - 11 - 2026
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