3118 W INDIAN SCHOOL Road, Phoenix, AZ 85017 (MLS# 7046604)

3118 W INDIAN SCHOOL Road, Phoenix, AZ 85017

New Listing

$995,000

Property Type: Comm/Industry Sale Square Footage: 3,178 Lot Size (sq. ft.): 20,706 Status: Active

Current Price: $995,000 List Date: 6/25/2026 Last Modified: 6/25/2026

Overview

Description

Exceptional opportunity to acquire a high visibility Phoenix infill commercial site with an existing 24 hour self service car wash operation. Located at 3118 W Indian School Rd, the property consists just under 1/2 an acre! & 3,168 SF of improvements, C2 commercial zoning, established ingress and egress, and existing car wash utility infrastructure. The asset is well positioned for a local or regional wash operator, owner user, automotive service provider, land investor, or redevelopment buyer seeking frontage along a heavily traveled Phoenix corridor. The property provides immediate operational utility with longer term upside through modernization, repositioning, or alternative commercial redevelopment subject to buyer verification and municipal approvals. Offered at $995,000.

Listing Details MLS# 7046604

Location, Tax & Legal

House Number: 3118
Compass: W
Street Name: INDIAN SCHOOL
St Suffix: Road
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85017
Zip4: 4034
Country: US
County Code: Maricopa
Subdivision: JUNE GARDENS
Assessor Number: 154-24-027
Tax Year: 2025
Assessor's Map #: 24
Legal Description (Abbrev): JUNE GARDENS LOT 27 EX N 60' & EX S 17'
Assessor's Parcel #: 27
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 109102
Taxes: 8476
Legal: JUNE GARDENS LOT 27 EX N 60' & EX S 17'

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 3178
# of Buildings: 2
Year Built: 1996
Uncvrd Parking Spcs: 8
Zoning: C-2
Flood Zone: No

Remarks Misc

Cross Street: Indian School & 31st Ave

Legal Info

Township: 2N
Range: 2E
Section: 23
Lot Number: 27

Income Expenses

Gross Annual Sch Inc: 118383
Net Operating Income: 118383

More Information

Showing Notification Methods

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

Currently Not Used

Sold Price Per SqFt: 313.09

Construction

Block: Yes
Stone: Yes

Roofing

Rolled: Yes

Floors

Concrete: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 118383

Building Type

Commercial: Yes
Other (See Remarks): Yes

Business Type

Automobile: Yes
Other: Yes
See Remarks: Yes

Pmt & Rate Info

Cap Rate: 11.9
Equity: 995000
Total Owed: 0

Lockbox Type

See Private Remarks: Yes

Ceiling Height

10.1 Feet to 12 Feet: Yes
14.1 Feet to 16 Feet: Yes

Heating

None: Yes

Cooling

None: Yes

Interior Features

Other (See Remarks): Yes

Loading Facilities

None: Yes

Road Access Type

City Street: Yes

Exterior

Corner Lot: Yes
Dual Street Ftg: Yes
Building Sign: Yes
Sidewalk(s): Yes
Monument Sign: Yes
Security Light(s): Yes
Security Camera(s): Yes

Source of Fincl Data

Owner: Yes
Projected Proforma: Yes
Books Shown: Yes
Tax Return: Yes

Road Responsibility

City Maintained Road: Yes

Traffic Count

15,001 to 25,000: Yes
25,001 to 35,000: Yes

Fencing

Partial: Yes

Water Source

Individual Meter: Yes

Freeway/Highway

Up to 1 Mile: Yes

Sewer

Sewer - Public: Yes

Parking Features

Off Street: Yes

Electric

APS: Yes

Gas

None: Yes

New Financing

Cash to Loan: Yes
Owner May Carry: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Building Type: Commercial; Other (See Remarks) Business Type: Automobile; Other; See Remarks Construction: Block; Stone Roofing: Rolled Floors: Concrete Ceiling Height: 10.1 Feet to 12 Feet; 14.1 Feet to 16 Feet Heating: None Cooling: None Loading Facilities: None Interior Features: Other (See Remarks) Exterior: Corner Lot; Dual Street Ftg; Building Sign; Sidewalk(s); Monument Sign; Security Light(s); Security Camera(s) Fencing: Partial Parking Features: Off Street Road Access Type: City Street Road Responsibility: City Maintained Road Electric: APS Gas: None Water Source: Individual Meter Sewer: Sewer - Public New Financing: Cash to Loan; Owner May Carry Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks Source of Fincl Data: Owner; Projected Proforma; Books Shown; Tax Return Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Traffic Count: 15,001 to 25,000; 25,001 to 35,000 Environmental: None

Listing Office: Realty ONE Group

Last Updated: June - 25 - 2026