2525 W BERYL Avenue, Phoenix, AZ 85021

$2,160,000
Property Type: Comm/Industry Sale Square Footage: 15,913 Lot Size (sq. ft.): 71,656 Status: Closed
Current Price: $2,160,000 List Date: 5/05/2022 Last Modified: 6/18/2025

Overview

Description

Nearly 16,000sf stand alone, light industrial (A-1) zoned, office building currently vacant, great opportunity for owner user but also a great investment opportunity! This elegant one story office building features two main entries, loading dock, basement / racquetball court, 4.2 parking ratio, large courtyard providing lots of natural light to most of building and a good combination or open areas and private offices. Management offices feature their own private restrooms and there are also two large sets of restrooms and kitchenette. Newly painted, redone landscaping, redesigned courtyard accessible for each side of the interior of blgd, LED lighting, new vinyl flooring, fully sprinklered etc! Metro area, close to I17! Also for LEASE!

Listing Details MLS# 6394516

Location, Tax & Legal

Map Code/Grid
M33
House Number
2525
Compass
W
Street Name
BERYL
St Suffix
Avenue
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85021
Zip4
5760
Country
US
County Code
Maricopa
Assessor Number
149-09-001-K
Tax Year
2021
Assessor's Map #
9
Legal Description (Abbrev)
BEG NW COR SEC 25 E 1030.31F S 733F W 228F S 33F TO TPOB TH S 204.37F W 58.58F S 45D 20M W 35.36F S
Assessor's Parcel #
1
Assessor Parcel Ltr
K
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
104402
Taxes
23052
Legal
BEG NW COR SEC 25 E 1030.31F S 733F W 228F S 33F TO TPOB TH S 204.37F W 58.58F S 45D 20M W 35.36F S 20.63F W 147.76F N 4

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
15913
Ttl Apx Net Rnt Spc
15913
# of Buildings
Yes
Year Built
1979
Uncvrd Parking Spcs
32
Zoning
A-1
Flood Zone
No

Remarks Misc

Cross Street
Peoria Ave and 25th Avenue
Directions
South to property

Status Change Info

Off Market Date
2022-10-31
Under Contract Date
2022-10-04
Close of Escrow Date
2022-10-28

Legal Info

Township
3N
Range
2E
Section
25

More Information

Bay Info

# of Bays
Yes

Income Expenses

Gross Annual Sch Inc
199980
Net Operating Income
167233

Contact Info

List Agent Home Phn
480-255-7327

Sold Info

Loan Type
Cash
Payment Type
Other
Clsing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Construction

Block
Yes

Roofing

Foam
Yes

Floors

Vinyl
Yes
Wood
Yes
Carpet
Yes
Other
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
23052
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
199980

Building Type

Commercial
Yes
Office
Yes
Distribution/Warehouse
Yes
Other (See Remarks)
Yes

Business Type

Dental
Yes
Mixed
Yes
Service Business
Yes
Religious Facility
Yes
Medical
Yes
Professional/Office
Yes
Warehouse
Yes
Retail
Yes
Wholesale
Yes
Other
Yes
See Remarks
Yes

Stories

1 Story
Yes

Pmt & Rate Info

Cap Rate
6.98
Equity
2397000
Total Owed
0

Ceiling Height

8.1 Feet to 10 Feet
Yes

Heating

Electric
Yes

Cooling

Central Air
Yes
Chiller System
Yes

Interior Features

Finished
Yes
Security System
Yes
Security Camera(s)
Yes
Alarm System
Yes
Phone System
Yes
Private Restrooms
Yes
Public Restrooms
Yes
Other (See Remarks)
Yes

Loading Facilities

Truck Well
Yes
Grade Level
Yes

Road Surface Type

Asphalt
Yes

Exterior

Corner Lot
Yes
Sprinkler System-Ground
Yes
Landscaping
Yes
Building Sign
Yes
Sidewalk(s)
Yes
Monument Sign
Yes
Security Light(s)
Yes
Security Camera(s)
Yes

Source of Fincl Data

Owner
Yes

Traffic Count

Unknown
Yes

Fencing

None
Yes

Water Source

City Franchise
Yes

Freeway/Highway

Up to 1 Mile
Yes

Building Features

Conference Room
Yes
Reception Room
Yes
Showroom
Yes
Kitchen
Yes
Computer Room
Yes
Fiber Optic Availble
Yes
Display Window(s)
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes
Parking Structure
Yes
Parking Lot
Yes
Private
Yes
Paved
Yes

Electric

APS
Yes

Gas

None
Yes

New Financing

Cash Only
Yes
1031 Exchange
Yes

Existing 3rd Loan

Other (See Remarks)
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Property Features

Building Type: Commercial; Office; Distribution/Warehouse; Other (See Remarks) Business Type: Dental; Mixed; Service Business; Religious Facility; Medical; Professional/Office; Warehouse; Retail; Wholesale; Other; See Remarks Stories: 1 Story Construction: Block Roofing: Foam Floors: Vinyl; Wood; Carpet; Other Ceiling Height: 8.1 Feet to 10 Feet Cooling: Central Air; Chiller System Loading Facilities: Truck Well; Grade Level Interior Features: Finished; Security System; Security Camera(s); Alarm System; Phone System; Private Restrooms; Public Restrooms; Other (See Remarks) Exterior: Corner Lot; Sprinkler System-Ground; Landscaping; Building Sign; Sidewalk(s); Monument Sign; Security Light(s); Security Camera(s) Fencing: None Building Features: Conference Room; Reception Room; Showroom; Kitchen; Computer Room; Fiber Optic Availble; Display Window(s) Parking Features: Free; Parking Structure; Parking Lot; Private; Paved Electric: APS Gas: None Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash Only; 1031 Exchange Source of Fincl Data: Owner Existing 3rd Loan: Other (See Remarks) Road Surface Type: Asphalt Traffic Count: Unknown Environmental: None
IDX
Listing Office: Prestige Realty
Last Updated: June - 18 - 2025
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