16448 N 40TH Street Phoenix, AZ ^$ 999,000

16448 N 40TH Street

^$ 999,000

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Recently Listed

16448 N 40TH Street

Phoenix, AZ, 85032

^$ 999,000

Bedrooms-- Baths-- Sq 3,154

Monthly Estimate*

^$ 6,151

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Commercial Property for sale in Phoenix, AZ

for $999,000. This 3,154 square foot building was built in 2001 on a lot size of 0.28.

🏢 Prime Office Opportunity - Investment 🏷️ Retail / C-T, R-O Zoning 🚗 Ample Parking + Corner Lot 📝 Leased till Oct 2028 💰 Cash Flow 💡 Located in a high-growth corridor with strong traffic counts and excellent visibility. Ideal for service related industry or medical. 📈 Perfect for an investor looking for cash flow.

Commercial Active

Price

^$ 999,000

Property Type

Commercial

Taxes

^$ 8,303

Style

Comm/Industry Sale

Lot Size

0.28

Year Built

2001

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7008299

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air

Roof Tile

Zoning CT R-O

Security Features Alarm System Security System Smoke Detector(s)

Construction Materials Wood Frame Metal Siding

Year Built 2001

Electric APS

Township 3N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 80340.0

Business Type Professional/Office Other See Remarks

County Maricopa

Net Operating Income 68037.0

Insurance Expense 4000.0

New Construction N

Property Type Comm/Industry Sale

Attached Garage N

Subdivision Name BELL ACRES

Building Features Conference Room Reception Room Kitchen Computer Room LAN Compatible Copr Fiber Optic Availble Showers - Office

Status Active

Directions S on 40th St to property on west side.

City Phoenix

Disclosures Seller Prop Disc Stm

Open Parking Spaces 8.0

Lot Size Units Square Feet

Lot Size Square Feet 12110.0

Carport Y/N N

Tax Annual Amount 8303.0

Lease Renewal Y/N N

Leasable Area 3145.0

Lease Considered Y/N N

Rent Control Y/N N

Structure Type Commercial Office

Standard Status Active

Occupancy Type Vacant

Tax Lot 1

Cap Rate 6.81

Senior Community N

Interior

Flooring Ceramic Tile Concrete

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Fencing Block

Parking Features Private

Water Source City Franchise

Total Parking 11.0

Lot Size Area 12110.0

Number of Buildings 1

Spa N

Lot Size Acres 0.28

Road Surface Type Asphalt

Covered Spaces 3.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 16448

* Excluded Features

List By

Realty Of America Llc

Broker

omar.robles@realtyofamerica.com

Affordability Calculator

$6,843

Per Month

Monthly Principal & Interest: $6,151
Monthly Property Taxes: $692
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Phoenix, AZ

Average List Price ^$1,250,180

Percent of Sale Price 25%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

260072 Elementary School

263420 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/3/2026	$999,000		Listed Price

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16448 N 40TH Street, Phoenix, AZ, 85032 is a Commercial Property for sale at $999,000 with 3,154 sqft and a lot size of 0.28. 16448 N 40TH Street was built in 2001. The property's zip code is 85032 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/3/2026.

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16448 N 40TH Street

Commercial Property for sale in Phoenix, AZ

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