3940 N 33rd Ave Phoenix, AZ 85017
Alhambra NeighborhoodEstimated payment $3,555/month
Highlights
- Cooling Available
- Phoenix Coding Academy Rated A
- Heat Pump System
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.
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
- 1,844 Sq Ft Home
- Concrete Roof
- Block Exterior
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,729 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Guaranty Title Agency | |
| Warranty Deed | $330,000 | Guaranty Title Agency | |
| Warranty Deed | $265,000 | Lawyers Title Ins |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $304,000 | Commercial |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6746201
APN: 108-02-008M
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.
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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Ask me questions while you tour the home.