21825 N 16TH Street, Phoenix, AZ 85024 (MLS# 6741599)

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: 3/05/2026

Overview

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.

Listing Details MLS# 6741599

Location, Tax & Legal

House Number: 21825
Compass: N
Street Name: 16TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85024
Zip4: 5607
Country: US
County Code: Maricopa
Subdivision: Deer Valley
Assessor Number: 213-03-003-U
Tax Year: 2023
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

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 7850
Ttl Apx Net Rnt Spc: 3200
# of Buildings: Yes
Stories: Yes
# of Interior Levels: Yes
Lot Size Dimensions: 328x333
Year Built: 1995
Uncvrd Parking Spcs: 40
Zoning: Industrial
Flood Zone: No

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.

Legal Info

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

Income Expenses

Gross Annual Sch Inc: 250000
Net Operating Income: 237500

More Information

Showing Notification Methods

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

Contact Info

List Agent Home Phn: 6026334404

Currently Not Used

Sold Price Per SqFt: 414.01

Construction

Block: Yes

Roofing

Rolled: Yes

Floors

Concrete: Yes
Vinyl: Yes
Ceramic Tile: Yes

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: 237500

Building Type

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

Business Type

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

Stories

1 Story: Yes

Pmt & Rate Info

Cap Rate: 7.31
Equity: 3250000
Total Owed: 0

Lockbox Type

Combo: Yes
Other: Yes

Ceiling Height

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

Heating

Electric: Yes
None: Yes

Cooling

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

Interior Features

Finished: Yes
Private Restrooms: Yes

Loading Facilities

Grade Level: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Traffic Count

Up to 5,000: Yes

Fencing

Chain Link: Yes

Water Source

City Franchise: Yes

Freeway/Highway

2.1 - 5 Miles: Yes

Building Features

Conference Room: Yes
Kitchen: Yes
Showers - Office: Yes

Sewer

Septic-In & Connected: Yes

Parking Features

Free: Yes

Electric

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

Gas

None: Yes

New Financing

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

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 3rd Loan

Other (See Remarks): Yes

Use Restrictions

Hillside Ordinance: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

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

Last Updated: March - 05 - 2026