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Freestanding C3 Zoned 1806 W Sherman St 666 SF Industrial Building Phoenix, AZ 85007 $309,900 ($465.32/SF) 9.68% Cap Rate
Executive Summary
Zoned C-3 with a ton of upside and just a tremendous opportunity for an owner user or an entry level investor with a great price point. Typical rents for this property type start at $2,500 per month as seen in the proforma. The building has front parking area with freshly painted interior and exterior, new tile flooring, updated plumbing and electric, new roofing system, and 2 new drive gates. There is a ton of space in the back to add shipping containers or build a small warehouse for extra storage. The interior of the building features tile flooring, a private, full bathroom, open kitchenette, aluminum windows, ceiling fans, and a rear patio.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$30,000
|
$45.05
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $30,000 |
| Annual Per SF | $45.05 |
Property Facts
Amenities
- Fenced Lot
- Air Conditioning
- Perimeter Security Fence
Utilities
- Lighting
- Water - City
- Sewer - City
- Heating - Electric
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Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
60/100
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Freestanding C3 Zoned | 1806 W Sherman St
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