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5233 S Central Avenue Phoenix, AZ $ 3,795,000
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$ 3,795,000 Get more info
5233 S Central Avenue
$ 3,795,000
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5233 S Central Avenue

Phoenix, AZ, 85040
$ 3,795,000
Bedrooms-- Baths-- Sq 24,660

Monthly Estimate*

$ 23,366

5233 S Central Avenue, Phoenix, AZ 85040 - Image 1
5233 S Central Avenue, Phoenix, AZ 85040 - Image 2
5233 S Central Avenue, Phoenix, AZ 85040 - Image 3
5233 S Central Avenue, Phoenix, AZ 85040 - Image 4

Commercial Property for sale in Phoenix, AZ

for $3,795,000. This 24,660 square foot building was built in 1986 on a lot size of 2.29.

This infill value add strip center is positioned in a dense, high demand location and is comprised of in demand small shop suites well suited for local and national users. The center features an anchor tenant, Family Dollar, at a low and replaceable rental rate, creating flexibility and long term upside. Offered at an attractive basis with a low price per square foot, the property presents strong potential to increase value through lease up of existing vacancies. The site benefits from prime corner frontage with approximately 31,000 vehicles per day, strong transit access, and consistent traffic exposure. The surrounding trade area includes over 20,500 residents within one mile and is further supported by planned multifamily development nearby.

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Commercial Active

Price

$ 3,795,000

Property Type

Commercial

Taxes

$ 31,337

Style

Comm/Industry Sale

Lot Size

2.29

Year Built

1986

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6975059
Features
General
Sewer Public Sewer
Heating See Remarks
Cooling Central Air
Roof Tile
Zoning C-2
Construction Materials Stucco
Year Built 1986
Electric Other (See Remarks)
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 0.0
Business Type Other Retail
County Maricopa
Net Operating Income 240917.0
New Construction N
Property Type Comm/Industry Sale
Attached Garage N
Subdivision Name Roeser Plaza
Building Features Security Gate
Status Active
Directions Head E on I-17 S. Take 7th Ave and turn right. Turn left onto W Roeser Rd. Turn right onto S Central Ave. Destination on left.
City Phoenix
Disclosures None
Open Parking Spaces 38.0
Lot Size Units Square Feet
Lot Size Square Feet 99836.0
Carport Y/N N
Tax Annual Amount 31337.0
Lease Renewal Y/N N
Leasable Area 900.0
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Other (See Remarks) Commercial
Standard Status Active
Occupancy Type Vacant
Tax Lot -
Cap Rate 6.35
Senior Community N
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Interior
Flooring Concrete
Air Conditioning Y/N Y
Heating Y/N N
Total Baths 0
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Exterior
Fencing None
Parking Features Parking Lot
Water Source City Franchise
Total Parking 38.0
Lot Size Area 99836.0
Number of Buildings 1
Spa N
Lot Size Acres 2.29
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 5233
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* Excluded Features
List By
R.O.I. Properties

Broker

rnach@roiproperties.com

Email

Affordability Calculator

$25,978
Per Month
90%
10%
0%
Monthly Principal & Interest
$23,366
Monthly Property Taxes
$2,611
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
260072 Elementary School
263420 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/27/2026$3,795,000 Listed Price

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5233 S Central Avenue, Phoenix, AZ, 85040 is a Commercial Property for sale at $3,795,000 with 24,660 sqft and a lot size of 2.29. 5233 S Central Avenue was built in 1986. The property's zip code is 85040 which is in Phoenix, AZ

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