$619,000
$106K PRICE DROP

3940 N 33rd Ave Phoenix, AZ 85017

Alhambra Neighborhood

Estimated payment $3,742/month

Total Views 2,301
-- Bed
-- Bath
1,844 Sq Ft
$336 Price per Sq Ft

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heat Pump System
  • Phoenix Coding Academy Rated A

About This Home

Great C-3 Investment Opportunity! This machine shop is situated in the heart of Phoenix. The property has 2 access points, one from Grand Ave and one from 33rd Ave. Located right across the street from Costco Business Center, this property has easy access to I10 and is visible from Grand. Great tenant with a 5 yr lease remaining and $100 increases to rent every year. Property has a 1 bedroom apartment on site. This is the property and building for sale, the business is a separate entity with a 5 year lease remaining.

Listing Agent

Mike Darmo

American Realty Brokers License #SA576846000 Listed on: 08/20/2024

American Realty Brokers

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 1987

Lot Details

  • 9,148 Sq Ft Lot
  • Chain Link Fence
  • Property is zoned C-3

Home Design

  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 1,844 Sq Ft Home
  • Concrete Flooring

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces
  • Private Parking
  • Paved Parking

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Gross Income $39,000
  • Net Operating Income $34,500

Listing and Financial Details

  • Tax Lot M
  • Assessor Parcel Number 108-02-008-M

Property Details

Property Type

Other

Est. Annual Taxes

$4,500

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Cross Street: 33rd Ave & Grand Ave
  • Legal Info Range: 2E
  • Property Type: Comm/Industry Sale
  • Zoning: C-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1987
  • Tax Year: 2023
  • Directions: The property has 2 access points, one from Grand Ave and one from 33rd Ave. Located right across the street from Costco Business Center, this property has easy access to I10 and is visible from Grand
  • Lot Size Acres: 0.21
  • Structure Type: Commercial
  • Tax Parcel Letter: M
  • Water Source City Franchise: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Living Area: 1844.0

Exterior Features

  • Fencing: Chain Link
  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block
  • Roof: Concrete
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: Paved, Private
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Total Parking Spaces: 10.0
  • General Property Description:Uncvrd Parking Spcs: 10.0
  • General Property Description:Total Parking Spcs: 10.0
  • Parking Features Paved Parking: Yes
  • Parking Features Private Parking: Yes

Utilities

  • Electric: SRP, APS
  • Cooling: Warehouse Evap
  • Heating: Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Heat Pump2: Yes

Lot Info

  • Lot Size Sq Ft: 9148.0
  • Parcel #: 108-02-008-M
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Annual Gross Income: 39000.0
  • Property Net Operating Income: 34500.0

Tax Info

  • Tax Annual Amount: 4500.0
  • Tax Book Number: 108.00
  • Tax Lot: M
  • Tax Map Number: 2.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,387 $29,908 -- --
2024 $4,500 $29,088 -- --
2023 $4,500 $33,562 $12,899 $20,663
2022 $4,529 $28,807 $9,222 $19,585
2021 $4,667 $29,382 $9,406 $19,976
2020 $4,487 $29,163 $8,823 $20,340
2019 $4,432 $28,043 $8,183 $19,860
2018 $4,092 $26,717 $7,309 $19,408
2017 $4,040 $26,048 $7,615 $18,433
2016 $3,870 $23,937 $6,916 $17,021
2015 $3,713 $21,184 $7,675 $13,509
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Price Changed $619,000 -3.1% $336 / Sq Ft
01/22/2025 01/22/25 Price Changed $639,000 -11.9% $347 / Sq Ft
08/20/2024 08/20/24 For Sale $725,000 -- $393 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Guaranty Title Agency
Warranty Deed $330,000 Guaranty Title Agency
Warranty Deed $265,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $304,000 Commercial
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6746201

Arizona Regional Multiple Listing Service (ARMLS)

APN: 108-02-008M

Arizona Maricopa County Phoenix 85017 Alhambra

3940 N 33rd Ave, Phoenix, AZ

This home is located at 3940 N 33rd Ave, Phoenix, AZ 85017 and is currently priced at $619,000, approximately $335 per square foot. This property was built in 1987. 3940 N 33rd Ave is a home located in Maricopa County with nearby schools including Madrid Neighborhood School, Alhambra High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Mike Darmo
Listing Agent
Mike Darmo
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American Realty Brokers
(480) 907-3540