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4601 E McDowell Rd
Phoenix, AZ 85008

Land For Sale · 0.32 AC

Investment Highlights

  • Freeway Exposure
  • HWY 143 Freeway on ramp
  • Fronts McDowell Rd.

Executive Summary

Parking lot sale price is $825K. Paved, striped, fully fenced, barbed wired, sliding lockable gate, well lit lot. Lit from the freeway on ramp paid for by ADOT. May consider a lease $6000/month. Signage exposure being right next to freeway on ramp. Thousands of cars pass by daily.
Many possible uses; Vehicle storage, contractor yard, rv storage, parking lot, equipment storage, truck parking, etc.
There is also a 4646' building directly next door. I would consider selling or leasing this as well. If both APN’s are purchased at same time, the purchase will discount to $1,625,000.
If the 60+ car parking lot is desired for lease (no office space) the monthly rate is $5,100/mo. May consider leasing 1/2 or more of the lot. If the office space is desired, the lease rate for the 4646' would be $5100/mo. The owner would consider leasing half of the office/parking lot. Lease rate would vary based on desired space needed. Ask about the high end 6 story apartment complex with subterranean parking going in soon right next door to the west.

PROPERTY FACTS

Sale Type Investment
Sale Conditions Tenants option to buy property
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Multifamily
  • Daycare Centre
  • Industrial Live or Work Unit
  • Loft or Creative Space
  • Parking Garage
  • Parking Lot
  • Retail Warehouse
  • Single Family Development
  • Storefront
  • Veterinarian or Kennel
  • Warehouse
Total Lot Size 0.32 AC

1 Lot Available

Lot

Price £645,521
Price Per AC £2,017,254
Lot Size 0.32 AC

Description

Parking lot sale price is $825K. There is also a 4646' building directly next door (separate APN). Owner would would consider selling or leasing either in part or in full. If both APN’s are purchased at same time, I will discount the purchase to $1,625,000. If the 60+ car parking lot is desired for lease (no office space) the monthly rate is $5100/mo. May consider leasing 1/2 or more of the lot. If the office space is desired, the lease rate for the 4646' would be $5000/mo. The owner would consider leasing half of the office/parking lot. Lease rate would vary based on desired space needed. Total combined is roughly 3/4 acre.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
125-17-135
Land Assessment
£12,739
Improvements Assessment
£0
Total Assessment
£12,739

zoning

Zoning Code C-2 (Commercial, C-2 zoning with a portion that could be residential. Verify with City of Phoenix.)
C-2 (Commercial, C-2 zoning with a portion that could be residential. Verify with City of Phoenix.)
  • Listing ID: 30207059

  • Date on Market: 30/11/2023

  • Last Updated:

  • Address: 4601 E McDowell Rd, Phoenix, AZ 85008

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