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1842 E WASHINGTON ST
PHOENIX, AZ 85034
Asking Price
Contact for price
Asset Type
Land
Class
Class B
What's Special
Commercial/Industrial Land <p><span style="color: rgba(0, 0, 0, 1)">Special opportunity zone development opportunity right off the I-10, just 5 minutes from the airport and 5 minutes to downtown Phoenix. 0.26 acres Zoned C-3 which allows for an expansive list of commercial and multifamily uses. Owner has approved permits for construction of a 5300 sf warehouse. New water meter outside by side walk and electric plans and permit approved by APS (panels included).</span></p>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
