3023 N 16TH Street, Phoenix, AZ 85016

New Listing
$1,998,000
Property Type: Comm/Industry Sale Square Footage: 5,170 Lot Size (sq. ft.): 21,214 Status: Active
Current Price: $1,998,000 List Date: 5/12/2026 Last Modified: 5/12/2026

Overview

Listing Details MLS# 7027122

Location, Tax & Legal

House Number
3023
Compass
N
Street Name
16TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85016
Zip4
7648
Country
US
County Code
Maricopa
Subdivision
EARLL PLACE
Assessor Number
119-33-088-A
Tax Year
2025
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

Contract Info

Ownership
Fee Simple

General Property Description

Ttl Apx SqFt Bldg
5170
# of Buildings
2
Year Built
1955
Uncvrd Parking Spcs
25
Zoning
C-2

Remarks Misc

Cross Street
16th St & Thomas

Legal Info

Township
2N
Range
3E
Section
27
Lot Number
6

Income Expenses

Gross Annual Sch Inc
500000
Net Operating Income
450000

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Currently Not Used

Sold Price Per SqFt
386.46

Construction

Block
Yes
Brick
Yes

Roofing

Built-Up
Yes

Floors

Concrete
Yes

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
Yes
Distribution/Warehouse
Yes

Business Type

Automobile
Yes

Pmt & Rate Info

Cap Rate
225.23
Equity
199800
Total Owed
0

Lockbox Type

None
Yes

Ceiling Height

16.1 Feet to 28 Feet
Yes

Heating

Natural Gas
Yes

Cooling

Window/Wall Unit
Yes

Interior Features

Finished
Yes

Loading Facilities

Drive-in Door(s)
Yes

Source of Fincl Data

Owner
Yes

Fencing

Chain Link
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Free
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

New Financing

Cash Only
Yes
1031 Exchange
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

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
IDX
Listing Office: DeLex Realty
Last Updated: May - 12 - 2026
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