4131 E UNIVERSITY Drive, Phoenix, AZ 85034 (MLS# 7040789)

4131 E UNIVERSITY Drive, Phoenix, AZ 85034

$925,000

Property Type: Comm/Industry Sale Square Footage: 4,938 Lot Size (sq. ft.): 7,980 Status: Pending

Current Price: $925,000 List Date: 6/12/2026 Last Modified: 9/23/2026

Overview

Description

Well-located light industrial property featuring a 4,920 sq ft single-story warehouse building originally constructed in 1970. The building includes masonry block and corrugated steel construction on a reinforced concrete foundation, a 14-foot clear ceiling height, one roll-up door, a small finished office area, and one restroom. There is also a small unfinished storage mezzanine. The property sits on a 0.183-acre lot (7,980 sq ft) and is zoned A-1 Light Industrial by the City of Phoenix. The site offers ample parking in the front along with an additional paved area. DO NOT DISTURB THE CURRENT TENANT. Drive-by only. The property is listed well under the appraised value of $1,023,000 to account for repairs needed.

Listing Details MLS# 7040789

Location, Tax & Legal

House Number: 4131
Compass: E
Street Name: UNIVERSITY
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85034
Zip4: 7313
Country: US
County Code: Maricopa
Subdivision: OKEMAH HAVEN REPLAT
Assessor Number: 124-48-024
Tax Year: 2025
Assessor's Map #: 48
Legal Description (Abbrev): LOT 114 OKEMAH HAVEN REPLAT MCR 004012
Assessor's Parcel #: 24
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 115200
Taxes: 4650
Legal: LOT 114 OKEMAH HAVEN REPLAT MCR 004012

Contract Info

Ownership: Fee Simple

General Property Description

Ttl Apx SqFt Bldg: 4938
# of Buildings: Yes
Year Built: 1970
Uncvrd Parking Spcs: 10
Zoning: A-1

Remarks Misc

Cross Street: 40th and University
Directions: Universtiy and 40th. East to property on south side.

Status Change Info

Off Market Date: 2026-09-22
Under Contract Date: 2026-09-16

Legal Info

Township: 1N
Range: 4E
Section: 19
Lot Number: 114

More Information

Bay Info

# of Bays: Yes
# of Bay Doors: Yes

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Phone Call: Yes

Currently Not Used

Sold Price Per SqFt: 187.32

Construction

Metal: Yes

Roofing

Metal: Yes

Floors

Concrete: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 4650
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0

Building Type

Commercial: Yes
Industrial: Yes
Manufacturing: Yes

Business Type

Other: Yes

Pmt & Rate Info

Equity: 925000
Total Owed: 0

Lockbox Type

None: Yes

Ceiling Height

14.1 Feet to 16 Feet: Yes

Heating

Other: Yes

Cooling

Other: Yes

Interior Features

Private Restrooms: Yes

Loading Facilities

Drive-in Door(s): Yes

Road Access Type

City Street: Yes

Source of Fincl Data

Unknown: Yes

Fencing

Other: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Other: Yes

Electric

SRP: Yes

Gas

Other (See Remarks): Yes

New Financing

Cash to Loan: Yes
1031 Exchange: Yes
Other (See Remarks): Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Building Type: Commercial; Industrial; Manufacturing Business Type: Other Construction: Metal Roofing: Metal Floors: Concrete Ceiling Height: 14.1 Feet to 16 Feet Heating: Other Cooling: Other Loading Facilities: Drive-in Door(s) Interior Features: Private Restrooms Fencing: Other Parking Features: Other Road Access Type: City Street Electric: SRP Gas: Other (See Remarks) Water Source: City Franchise Sewer: Sewer - Public New Financing: Cash to Loan; 1031 Exchange; Other (See Remarks) Showing Notification Methods: Text; Phone Call Lockbox Type: None Source of Fincl Data: Unknown Existing 1st Loan: Treat as Free&Clear Environmental: None

Listing Office: Montebello Fine Properties

Last Updated: September - 23 - 2026