536 W Missouri Ave - Parking Lots & Garages FOR SALE


Phoenix, AZ 85013
$750,000 USD
480-283-3740
536 W Missouri Ave, Phoenix, AZ for Sale
$750,000 USD
Parking Lots & Garages - FOR SALE
1/12
null | Request Cap Rate

536 W Missouri Ave
Phoenix, AZ 85013


HIGHLIGHTS

  • Monthy/ProForma income with both the parking lot and home
  • Optimal Location
  • Lease in place through 2027

OVERVIEW

This property is an exciting opportunity for investors and developers! Here's a summarized breakdown of its features and potential: ? Lot Size: 28,845 sq. ft. ? Existing Structure: 1929-built single-family residence (2 bed / 1 bath) ? Development Opportunity: Large lot size and strategic location make this parcel attractive for higher-density residential, mixed-use, or commercial projects (subject to zoning and city approval). Income Potential: ? Current Lease Income: Parking lot lease generates $13,000 annually. Rental Potential: $1,800–$1,900/month (based on comparable market rents). ? Pro-Forma Annual Gross Income: $34,600 (including residential rent and parking lot lease). ? Development Opportunity: Large lot size and strategic location make this parcel attractive for higher-density residential, mixed-use, or commercial projects (subject to zoning and city approval).

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$665 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

536 W Missouri Ave Investment Opportunity

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Parking Lots & Garages

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.66 AC

LAND SF

28,845 SF

ZONING

1% C-3, 21% R-3, 79% P-1

APN/PARCEL ID

162-29-004

ASK ABOUT THIS PROPERTY

Jon HammondKW CommercialMore Info
480-283-3740

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Jon HammondKW CommercialMore Info
480-283-3740

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.